Feed Value Calculator v12.1.09

DisclaimerFeed Value Calculator version 2.4Last updated: Nov. 16, 2012NOTICE:All rights reserved. Copyright and all other intellectual property rights in the Feed Value Calculator,and all manuals, documentation and other material pertaining to this software, belong exclusivelyto the Government of Saskatchewan. This software is provided solely for the personal use of the purchaserunder a non-exclusive license, and may not be copied, modified, published, sold or distributed to any thirdparty, or transmitted in any form or by any means whether electronic, mechanical, photocopying, recordingor otherwise, in whole or in part, without the express written permission of the Saskatchewan Ministry ofAgriculture.Disclaimer: This software is provided without warranty on an "as is" basis. The Government ofSaskatchewan and its agents assume no liability or responsibility whatsoever with respect to loss ordamage caused by, or alleged to be caused by, the use or operation of this software.

Go to Overview

OverviewFeed Value Calculator version 2.4 - OverviewThe Feed Value Calculator calculates the relative value of crude protein, total digestible nutrients (TDN),calcium and phosphorus, based on the market price and nutrient content of four reference feeds(barley grain, canola meal or wheat distillers dried grains with solubles (DDGS) or feed peas,1:1 mineral and limestone.A cost factor is then calculated for each nutrient. The cost factors are used to calculate the relativevalues of other feeds based on their nutrient content. Detailed user instructions are provided inthe "Market Price of Reference Feeds", "Relative Feed Value" and "Feed Price Comparison" worksheets.The Feed Value Calculator uses Multivariate Statistical Techniques. The Inverse Matrix computationswere validated by Dr. Peiqiang Yu, Saskatchewan Ministry of Agriculture Research Chair,Feed Research and Development, College of Agriculture and Bioresources, University of Saskatchewan,Saskatoon, Saskatchewan, using the IML procedure in SAS.The Feed Value Calculator uses a number of Macros. To have it run properly, Macros will have to be"enabled" in Excel. The Security Setting may have to be lowered in some cases.For more information, contact:Bryan Doig, PAgProvincial Feeds/Regional Forage Specialist, Regional Services BranchSaskatchewan Ministry of AgricultureNorth Battleford, SaskatchewanPhone: (306) 446-7477 or e-mail:bryan.doig@gov.sk.ca

Go to Market Feed Pricesbryan.doig@gov.sk.ca

Market Price of Reference FeedsFeed Value CalculatorToday's Date:23-Jan-13version 2.4CurrentRelativeRelativeMarketActual %FeedFeedNUTRIENTSPriceMoistureValueValueCP %TDN %Ca %P %$/tonneContent$/tonne$/tonneReference Feeds(100% Dry Matter values)(as fed)(of feed)(as fed)(100% DM)FeedCPTDNCaPPriceMCCanola Meal39.2070.000.701.26$360.0012.0$360.00$409.09Canola Meal39.2070.000.701.26$179.0012.0Barley Grain12.5083.000.070.38$250.0012.0$250.00$284.09wheat DDGS38.0082.000.220.97$150.009.01:1 Mineral0.000.0018.0018.00$1,185.001.0$1,185.00$1,196.97Feed Peas23.9087.000.170.40$135.0012.0Limestone0.000.0037.000.00$185.001.0$185.00$186.87Default DataCanola Meal39.2070.000.701.26$179.0012.0Calculated Nutrient12.5083.000.070.38$136.0012.0Cost Factors (100% DM)0.000.0018.0018.00$1,185.001.00.000.0037.000.00$129.001.0Crude Protein3.79TDN2.57Calcium5.05Phosphorus61.450.0348944757-0.0294290759-0.00182133280.0002815647-0.00525519210.01648028250.00001994640.000058540000.027027027000.0555555556-0.027027027Canola Mealwheat DDGSFeed PeasMINVERSE - returns the inverse matrix stored in an array- move cursor to a blank area in worksheet ie: A21- Highlight a 4 X 4 area ie: A21:D24- Press the F2 key and Type in the following =MINVERSE(B7:E10)- (This is the data for the Inverse Matrix)- Press Ctrl Shift Enter and the Inverse Matrix is producedMMULT - returns the matrix product of 2 arrays- move cursor to a blank area in worksheet ie: B16- Highlight a 1 X 4 area ie: B16:B19- Press the F2 key and Type in the following =MMULT(A21:D24,F7:F10)- (A21:D24 is the data created by the Inverse Matrix)- (F7:F10 is the Current Market Price of the Reference Feeds)- Press Ctrl Shift Enter and the Matrix Product of the 2 Arrays is produced

User Instructions

Click one of the buttons to select Canola Meal, Wheat DDGS or Feed Peas for the first reference feed.

Enter the current market price for each reference feed. Enter values (100% dry matter) for Crude Protein - CP, Total Digestible Nutrients - TDN, Calcium - Ca and Phosphorus - P, for each reference feed in the blue cells. Values in the yellow and green cells are automatically calculated.

Nutrient cost factors are calculated. These values are used to determine the relative values of other feeds based on their individual nutrient content. These are shown in the "Relative Feed Values" worksheet.Canola MealWheat DDGSFeed PeasRestore Default ValuesPrint this PageGo To Relative Feed ValuesGo to Feed Price Comparison

Relative Feed ValuesOPQRSTUToday'sToday'sEnter theMarketRelativeCostEnter theMarketActual %PriceFeedminusActual %PriceMoistureof FeedValueValueNUTRIENTSMoistureof FeedFEED CATEGORIESCP %TDN %Ca %P %Content$/tonne$/tonne$/tonneFEED CATEGORIESCP %TDN %Ca %P %Content$/tonneGRAINS(100% Dry Matter values)% MC(as fed)(as fed)(as fed)GRAINS(100% Dry Matter values)% MC(as fed)Feed wheat15.0088.600.060.4012.0$290.00$272.02$17.9816Feed wheat15.0088.600.060.4012.0$150.00Oats11.3076.000.080.3412.0$180.00$228.07-$48.0717Oats11.3076.000.080.3412.0$124.32Corn10.0088.000.030.2912.0$330.00$247.92$82.0818Corn10.0088.000.030.2912.0$177.00Rye13.3087.000.060.3912.0$153.00$262.20-$109.2019Rye13.3087.000.060.3912.0$147.82Triticale16.1084.000.060.3412.0$148.00$262.05-$114.0520Triticale16.1084.000.060.3412.0$142.00Feed peas23.9087.000.170.4012.0$300.00$298.55$1.4521Feed peas23.9087.000.170.4012.0$135.00Wheat DDGS38.0082.000.220.979.0$305.00$377.75-$72.7522Wheat DDGS38.0082.000.220.979.0$150.00Barley12.5083.000.070.3812.0$260.00$250.00$10.0023enter your feed here0.000.000.000.0012.0$0.00Wheat Distillers Syrup40.0082.000.220.9770.0$0.00$126.80-$126.8024enter your feed here0.000.000.000.0012.0$0.00HAYCP %TDN %Ca %P %% MC$/tonne$/tonne$/tonneHAYCP %TDN %Ca %P %% MC$/tonneAfalfa-grass hay14.0061.001.220.1915.0$50.00$193.32-$143.3226Afalfa-grass hay14.0061.001.220.1915.0$90.00Alfalfa hay18.0064.001.710.2015.0$60.00$215.37-$155.3727Alfalfa hay18.0064.001.710.2015.0$100.00Bromegrass hay10.6060.000.460.1715.0$55.00$175.88-$120.8828Bromegrass hay10.6060.000.460.1715.0$85.00Timothy hay8.8059.500.490.1615.0$55.00$168.61-$113.6129Timothy hay8.8059.500.490.1615.0$80.00Kochia hay14.3064.900.960.2515.0$40.00$204.81-$164.8130Kochia hay14.3064.900.960.2515.0$50.00Slough hay7.8053.000.440.1215.0$40.00$148.90-$108.9031Slough hay7.8053.000.440.1215.0$55.00Barley greenfeed11.8058.000.410.2215.0$50.00$177.78-$127.7832Barley greenfeed11.8058.000.410.2215.0$90.00Oat greenfeed9.9060.000.310.2015.0$52.00$174.55-$122.5533Oat greenfeed9.9060.000.310.2015.0$85.00Barley silage12.5062.000.410.2265.0$30.00$77.73-$47.7334Barley silage12.5062.000.410.2265.0$30.00enter your feed here0.000.000.000.000.0$0.00$0.00$0.0035enter your feed here0.000.000.000.0012.0$0.00enter your feed here0.000.000.000.000.0$0.00$0.00$0.0036enter your feed here0.000.000.000.0012.0$0.00PROCESSED FEEDSCP %TDN %Ca %P %% MC$/tonne$/tonne$/tonnePROCESSED FEEDSCP %TDN %Ca %P %% MC$/tonneRange pellets 13% protein14.4075.000.890.6710.0$135.00$263.44-$128.4438Range pellets 13% protein14.4075.000.890.6710.0$135.00Range pellets 20% protein22.2072.000.890.6710.0$160.00$283.10-$123.1039Range pellets 20% protein22.2072.000.890.6710.0$160.00Grain screening pellets12.2071.600.200.7810.0$100.00$251.04-$151.0440Grain screening pellets12.2071.600.200.7810.0$100.00Alfalfa dehy pellets18.9066.601.520.2610.0$140.00$239.56-$99.5641Alfalfa dehy pellets18.9066.601.520.2610.0$140.00Backgrounder pellets14.4073.000.780.3610.0$137.00$241.18-$104.1842Backgrounder pellets14.4073.000.780.3610.0$137.00Greenfeed pellets16.2063.000.780.3210.0$160.00$222.00-$62.0043Greenfeed pellets16.2063.000.780.3210.0$160.00Oat hulls5.0045.000.280.388.0$20.00$146.47-$126.4744Oat hulls5.0045.000.280.388.0$20.00Pea hulls12.0055.000.430.208.0$40.00$185.00-$145.0045Pea hulls12.0055.000.430.208.0$40.00enter your feed here0.000.000.000.0012.0$0.00$0.00$0.0046enter your feed here0.000.000.000.0012.0$0.00enter your feed here0.000.000.000.0010.0$0.00$0.00$0.0047enter your feed here0.000.000.000.0012.0$0.00STRAW - CHAFFCP %TDN %Ca %P %% MC$/tonne$/tonne$/tonneSTRAW - CHAFFCP %TDN %Ca %P %% MC$/tonneBarley straw5.0044.000.130.0812.0$45.00$120.96-$75.9649Barley straw5.0044.000.130.0812.0$45.00Wheat straw4.0044.000.130.0812.0$45.00$117.62-$72.6250Wheat straw4.0044.000.130.0812.0$45.00Pea straw7.0054.000.850.0812.0$50.00$153.41-$103.4151Pea straw7.0054.000.850.0812.0$50.00Wheat chaff5.0044.000.280.0910.0$40.00$124.94-$84.9452Wheat chaff5.0044.000.280.0910.0$40.00Ammoniated wheat chaff9.0054.000.280.0915.0$60.00$152.69-$92.6953Ammoniated wheat chaff9.0054.000.280.0915.0$60.00enter your feed here0.000.000.000.0012.0$0.00$0.00$0.0054enter your feed here0.000.000.000.0012.0$0.00enter your feed here0.000.000.000.0012.0$0.00$0.00$0.0055enter your feed here0.000.000.000.0012.0$0.00OTHER FEEDSTUFFSCP %TDN %Ca %P %% MC$/tonne$/tonne$/tonneOTHER FEEDSTUFFSCP %TDN %Ca %P %% MC$/tonneSoybean meal52.4086.000.390.7510.0$560.00$420.52$139.4857Soybean meal52.4086.000.390.7510.0$407.0032:20 beef supplement35.6062.008.900.5610.0$320.00$335.99-$15.995832:20 beef supplement35.6062.008.900.5610.0$245.00Lentil screenings20.0075.000.390.4510.0$60.00$268.09-$208.0959Lentil screenings20.0075.000.390.4510.0$60.00enter your feed here0.000.000.000.0012.0$0.00$0.00$0.0060enter your feed here0.000.000.000.0012.0$0.00enter your feed here0.000.000.000.0012.0$0.00$0.00$0.0061enter your feed here0.000.000.000.0012.0$0.00

User Instructions - The values in the blue cells can be changed to reflect the price of home grown or purchased feeds and nutrient content of those feeds. The Relative Feed Values (yellow cells) are calculated from the cost factors based on the nutrient content and market prices of the four reference feeds (see the previous sheet labeled "Market Price of Reference Feeds"). Today's market price of homegrown or purchased feeds can be compared to their "Relative Value" based on the price of feed barley, canola meal or wheat DDGS or feed peas, 1:1 mineral and limestone.

Comparisons should only be made between feeds in similar categories. For example, you could compare the Relative Feed Value of alfalfa hay to slough hay, but not to feed wheat. Feeding limitations and constraints of each feed must also be considered.Viewing the Cost minus Value column, a positive number means the market price is higher than the relative value. A negative number means the relative value is greater than the market price. The larger the negative number, the greater the opportunity.Restore Default ValuesPrint this PageGo to Market Feed PricesGo to Feed Price Comparison

Feed Price ComparisonFeed Price ComparisonEnter values in the Blue cells(note: place cursor over Red Triangles for additional information)Relative Value$193.32$159.79per tonne (as fed)OverviewFeedInstructionsDesiredOfferedFeedfor SaleNutrientNutrientContentContentCrude Protein14.00%10.00%TDN61.00%53.00%Calcium1.22%1.04%Phosphorus0.19%0.18%Moisture Content15.00%16.00%Local Price of Desired FeedEnter a value $60.00per ton$66.14per tonne (as fed)Value of Feed Offered for Sale$49.59per ton$54.67per tonne (as fed)

Enter the Crude Protein content of the Desired Feed as a Percentage (100% Dry Matter basis).Enter the TDN (Total Digestible Nutrients) of the Desired Feed as a Percentage (100% Dry Matter basis).Enter the Calcium content of the Desired Feed as a Percentage (100% Dry matter basis).Enter the Phosphorus content of the Desired Feed as a Percentage (100% Dry Matter basis).Enter the Moisture Content of the Desired Feed as a Percentage.Enter the Local Price of the Desired Feed on a per ton basis (2,000 lbs).This is an "As Fed" value.Enter the Crude Protein content of the Feed Offered for Sale as a Percentage (100% Dry Matter basis).Enter the TDN (Total Digestible Nutrients) of the Feed Offered for Sale as a Percentage (100% Dry Matter basis).Enter the Calcium content of the Feed Offered for Sale as a Percentage (100% Dry Matter basis).Enter the Phosphorus content of the Feed Offered for Sale as a Percentage (100% Dry Matter basis).Enter the Moisture Content of the Feed Offered for Sale as a Percentage.The Feed Price Comparison is used to establish a value for two similar feeds containing different levels of nutrients and moisture contents.

For example: A hay buyer is willing to pay $60.00 per ton for alfalfa-grass hay (the Desired Feed) containing:

14% Crude Protein61% TDN (Total Digestible Nutrients)1.22% Calcium0.19% Phosphorus15% Moisture Content

What should the buyer offer to pay for hay that has higher or lower levels of these nutrients and moisture contents? Enter the nutrient values in the "Feed Offered for Sale" section to develop a comparison.

Note: The digestibility of 2 year old hay is reduced by approximately 10%.Place cursor over Red Triangles for additional information.$ per metric tonne "As Fed" basis2,204.6 lbs$ per metric tonne "As Fed" basis2,204.6 lbsThe value of the "Feed Offered for Sale" is calculated by dividing its Relative Value by the Relative Value of the "Desired Feed."

This value is then adjusted to the Local Market Price of the Desired Feed.

This is for one ton (2,000 lbs) of feed on an "As Fed" basis.This is the value for one metric tonne (2,204.6 lbs) of the Desired Feed on an "As Fed" basis.This is the value of one metric tonne (2,204.6 lbs) of the Feed Offered for Sale on an "As Fed" basis.First, go to the Market Price of Reference Feeds worksheet.

Make sure to enter the current market price for each reference feed. Enter values (100% dry matter) for Crude Protein - CP, Total Digestible Nutrients - TDN, Calcium - Ca, and Phosphorus - P, for each reference feed.

Nutrient cost factors are calculated. These values are used to determine the relative values of other feeds based on their individual nutrient content. These are used in the "Feed Price Comparison" worksheet to develop comparative values of the feed being offered for sale.Print this PageGo to Market Feed Prices