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Selling Calves on a Slide
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<blockquote data-quote="BC" data-source="post: 555867" data-attributes="member: 67"><p>Buyer pays after cattle are weighed. Lets use this as an example: You sell a load of steers that you eztimate at 825 lbs for $101 per cwt. with a 4 cent slide. The yearlings actually come in and weigh 849 (24 lbs heavier). You take 24 lbs X $0.04 = $0.96. and subtract that from the $101 and get </p><p>$100.04 for your steers.</p><p></p><p>825 X $1.01 = $833.25</p><p></p><p>849 X $1.0004 = $849.33</p><p></p><p>The seller comes out a head by selling with a slide over taking the base weight price. If the cattle weigh up inder the base price, then you get base price X the weight.</p></blockquote><p></p>
[QUOTE="BC, post: 555867, member: 67"] Buyer pays after cattle are weighed. Lets use this as an example: You sell a load of steers that you eztimate at 825 lbs for $101 per cwt. with a 4 cent slide. The yearlings actually come in and weigh 849 (24 lbs heavier). You take 24 lbs X $0.04 = $0.96. and subtract that from the $101 and get $100.04 for your steers. 825 X $1.01 = $833.25 849 X $1.0004 = $849.33 The seller comes out a head by selling with a slide over taking the base weight price. If the cattle weigh up inder the base price, then you get base price X the weight. [/QUOTE]
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