Feedyard: Example Feedlot NBP Lot #: 235 USPB Lot # 92876 Method: USPB Market Grid Harvest: FY Lot #: 1/2/09 160 Plant: Pen # Dodge City or Liberal 26
Cattle Settlement Worksheet 1 «Example»
Lot Statistics 124,000 Live Wt: 79,410 Hot Wt:
Hot Yield: 64.04%
Avg Wt: Avg Wt:
1,240 794
Net Live Price: Net Hot Price:
$93.19 $145.51
Net Prem/Disc: Net Hot Difference: Gross Prem/Disc: $7.79 $17.89 $3.87
$7.28 /Hd $0.59 /cwt $12.25 /Hd
Base Price USDA KS/TX/Okla Weekly Avg Formula Allowance Grid Allowance Base Live Price Hot Yield Threshold Base Hot Price Heifers Base Lot Amount Quality Grade Adjustments Yield Grade Adjustments Weight Adjustments Other Adjustments Gross Cattle Proceeds Excess Freight Net Cattle Proceeds Quality Grade Adjustments Prime Choice or Higher Select Ungraded Hard Bone Total Quality Grade Adjustments Carcass Adjustments CAB Over 30 Months Total Carcass Adjustments Yield Grade Adjustments YG1 YG2 YG3 YG4 YG5 Total Yield Grade Adjustments Weight Adjustments 550 and under 1000 and up Total Weight Adjustments Lot Adjustments Head 100
Prem Summary 92.60 0.25 0.00 92.85 63.65% 145.86 Live Wt 124,000 Choice Prime CAB
Hot Wt 79,410
100
124,000
79,410
Base Price Amount $/cwt hot $/Hd 145.86 115,826.84 145.86 1158.27 -326.81 -0.41 521.52 0.66 -150.30 -0.19 175.55 0.22 116,046.80 146.14 1160.47 -497.26 -0.63 -4.97 115,549.54 145.51 1155.50 Price 17.89 7.79 0 -8.00 -25.00 Wt Diff 112 542 32,558 2,382 794 Total $ 20.03 42.22 0.00 -190.56 -198.50 -326.81 -24.45 0.00 -24.45 -6.48 63.76 0.00 298.32 165.92 521.52 0.00 -150.30 -150.30 0.00 0.00 200.00 200.00 219.96 $/Hd
Head 1 55 41 3 1
Hot Wt 794 43,675 32,558 2,382 794
Actual Threshold 1.00% 0.86% 55.00% 54.32% 41.00% 3.00% 1.00%
-3.27
8 0
6,353 0
8.00% 0.00%
8.79%
3.87 -10.00
-631 0
-0.24
10 41 42 7 0
7,941 32,558 33,352 5,559 0
10.00% 41.00% 42.00% 7.00% 0.00%
10.20% 36.99% 41.45% 10.13% 1.23%
4.00 2.00 0.00 -12.00 -17.00
-162 3,188 436 -2,486 -976
5.22
0 1
0 1,002
0.00% 1.26%
-25.00 -15.00
0 1,002
-1.50
Age & Source Verified, $/head Steer Premium, $/head Heifer Premium, $/head Total Lot Adjustments Total Adjustments to Net
1
35.00 5.00 2.00
0 0 0
2.00 2.20
USDA Grading Service applies USDA Prime, Choice, and Select Grades and USDA certified programs. All other grades are determined in-house. National Beef Packing Co. LLC maintains detailed descriptions and procedures for all Quality and Yield Grade calculations at each processing facility that are available to producers marketing cattle to NBP via Grid, Formula or Grade & Yield. This hypothetical example is for promotional and educational purposes and may differ slightly from actual worksheets used for payment. Actual grid inputs change weekly. Please call 866-877-2525 for current information.
Revised 1/13/09
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