Cattle-feeding margins improved significantly last week, jumping from negative territory to a positive $10.51 per head. Packer margins declined another $4 per head. Packer margins have declined more than $200 per head from last year at this time when packers were $138 in the black. The Sterling Profit Quotient, however, improved back into positive territory at 13.8. The Sterling Beef Profit Tracker is calculated using actual weekly prices for Choice fed steers, feeder steers, feed costs, boxed beef-cutout prices, hide and offal values, and other factors that influence profit margins.
The Sterling Beef Profit Tracker for the week ending 7/11/09:
- Average feedyard margins: $10.51 per head.
- Average packer margins: -$69.41 per head.
- Sterling Profit Quotient: 13.8
For additional information and a chart about this week’s Sterling Beef Profit Tracker, click here.
The Sterling Beef Profit Tracker is produced by Sterling Marketing Inc. and John Nalivka, president, Vale, Ore., and is published weekly by Drovers/CattleNetwork.