By Garland Dahlke, Sherry Hoyer
. Garland Dahlke said the newly released “Cattle Bidder” app canCattle feeders, order buyers and bankers now have a tool from the Iowa Beef Center to help them make cattle buying decisions help users determine maximum bids on feeder cattle purchases.
“The user enters the purchase and sale weights, the expected cost of gain and the desired margin, and the app calculates the maximum purchase price,” he said. “It’s a simple app, but is handy for buyers who know their cost of gain and expected market price by cattle type.
Source:iastate.edu