Cattle feeding margins improved more than $14 per head last week, moving from slightly above breakeven to a positive $15.09. Packer margins improved, but remain at $3.73 below breakeven. The Sterling Profit Quotient was unchanged at 0.3. for the week ending August 28.
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.
Average feedyard margins: $15.09 per head.
Average packer margins: -$3.73 per head.
Sterling Profit Quotient: 0.3
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,