Which class of cattle has the "Pencil" Shrink set at 3%?

The reason that feeder cattle have the "Pencil" Shrink set at 3% is due to the specific stage of growth and development they are in, which is crucial for economic factors in the livestock industry. Feeder cattle are typically weaned and ready to be fed for a shorter duration before being sent to market. During this period, they may lose some weight due to stress, transportation, or dietary changes, hence the designation of a shrink factor.

The 3% shrink factor accounts for this expected weight loss, providing a standardized measure that allows producers to assess the changes in weight from the time of purchase to sale effectively. Understanding shrink will help producers in managing feeding strategies and weighing protocols to optimize profits.

In summary, the classification of feeder cattle and the respective shrink set at 3% reflect the industry's understanding of the physiological changes and economic implications of this stage in the cattle's lifecycle.