sunnyblueskies
Well-known member
Can somebody please explain shrink on cattle at sales? I understand what it means, but how is the end price calculated?
If I have a group of steers, let's say 5 mix steers at 527lb each (average) and the auction mart gives me 1% shrink. How does the shrink percentage come into play in the calculation of price/weight for my group of steers? I'm confused.
If I have a group of steers, let's say 5 mix steers at 527lb each (average) and the auction mart gives me 1% shrink. How does the shrink percentage come into play in the calculation of price/weight for my group of steers? I'm confused.