I thought this would be a good check on results of how my money is being used for my kid's college education, so I posed the problem to him. I will try to make some sense of his response, but you have to understand that it was way over my pay grade. So here goes.
At 60% of Live Wt. - Use the multiplier of 1.67
At 65% of Live Wt. - Use the multiplier of 1.54
At 62.5% of Live Wt. - Use the multiplier of 1.605
He said that if you are seller you like 60%
That if you are the buyer you like 65%
So I told him you were both friends, so figure half way in between, hence the 62.5% number.
Using 1000 pounds as an example.
1000 # LW * $1.50 = $1500
1000 # * 60% = 600 # HW
$1.50 * 1.67 = $2.505
600 # HW * $2.50 = $1500
1000 # LW * $1.50 = $1500
1000 # * 65% = 650 # HW
$1.50 * 1.54 = $2.31
650 # HW * $2.31 = $1501.50
In checking this example,
$1500 / 650 # = $2.307
1000 # LW * $1.50 = $1500
1000 # * 62.5% = 625 # HW
$1.50 * 1.605 = $2.4075
625 # HW * $2.40 = $1500
Multiplier * price per pound live weight = price per pound hanging weight
To determine the multiplier for any other percentages you choose, just divide 100 by the percentage and you have a new multiplier.
rrlund, My brain hurts now, but I just wanted to maybe help you see what you were trying to find out.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
... [Read Article]
Latest Ad:
For sale Farmall super A tractor is complete and has just been setting for awhile,it was running when pulled out of the barn,shouldn’t take to much to get it going asking 1100.00
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
