Site – Do I Need to Register?

Many of the tools on BeefBasis.com are available to unregistered visitors. However, registration unlocks additional tools, features, and training content.

Site – How Often is Your Data Updated?

We receive data from multiple sources, and the frequency varies by source.

Site – What is Basis?

Basis is defined as the difference between the local cash markets and futures contract prices. Basis differences can can vary dramatically between weight classes and market locations from year to year. An understanding the risk related to basis uncertainty, or “basis risk,” is essential to making effective use of price risk management tools, including the Chicago Mercantile Exchange (CME) futures and options and forward contracts.

Site – Where Do I Start?

The site is designed to be fairly intuitive, so many users simply start exploring the Analytics and Data tabs above.

Other users choose to visit our BeefBasis 101 course, which provides a good overview of the features and benefits of the BeefBasis site.


Tools – What is the Ration Calculator?

The Ration Calculator helps cattle producers to calculate a balanced TMR (total mixed ration) and also determine their cost of gain, rate of gain, and expected sell date.

Tools – What is the Retained Ownership Calculator?

The retained ownership calculator helps producers to calculate the potential gains or losses from choosing to retain ownership of feeder cattle beyond the traditional time of sale.

  • Calculate per head or per cwt profitability, break even values, and auction equivalent prices
  • Account for cattle lot characteristics such as starting and end dates, weights, and conversion rates
  • Understand cost structure and keys to success for your operation
Tools – What is the Value of Gain Calculator?

Cattle production profitability fluctuates with the value of gain (VOG) implied by dynamically changing market prices. The VOG calculator helps you to keep track of current estimates for your cattle.

  • Calculated using nearby and deferred cattle futures contract prices
  • Analyze VOG for alternative selling dates, buy prices
  • Evaluate opportunities to lock in prices and profits


Data – What is the Location Comparison Tool?

The Location Comparison Tool allows producers to view volume, lot size, and prices across one, two, or three specified auction locations.

Data – What is the Stocker Index?

Determining the value of calves to buy and sell is never an exact science. And it’s become tougher, given the sweeping price variations between geographic regions and weight classes week to week, and the sheer price level of all cattle.

The Stocker Index reflects a 7-day weighted average price of medium and large framed steers weighing 350-650 pounds. The data used to calculate the index comes from auction reports generated by the USDA.