Sterling Profit Tracker
Cattle feeding losses exceed $100, packers in the black
Profit margins for cattle feeders and beef packers moved in opposite directions last week, thanks to lower cash fed cattle prices and rising wholesale beef prices. Pork producer margins moved into positive territory with higher cash sales.
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Feeding margins take a step backwards, packing margins improve
Cattle feeding margins declined last week as a result of higher feeder cattle prices at the time of placement and higher feed costs during the feeding period.
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Feeding, packing margins continue improvement
Cattle feeding margins improved for the second consecutive week as cash cattle prices rallied $2 per hundredweight. Pork producers also found improving margins on higher cash bids.
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Margins improve for cattle feeders, packers
Cattle feeding margins improved last week as total feeding costs recorded a $40 per head decline. Pork producers found their margins virtually unchanged despite a decline in negotiated prices.
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Losses increase for cattle feeders and packers
Cattle feeders and beef packers continue to struggle with heavy losses. Both saw their margins take another hit last week as boxed beef prices decline. Pork producers saw their margins improve modestly.
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Cattle feeding margins improve, packer margins slip
Cattle feeding margins improved $30 per head last week, but cattle feeders continue to struggle with heavy losses. Beef packer margins eroded as cash cattle bids were $1 per hundredweight higher. Pork producer margins improved modestly.
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Cattle feeding losses remain above $100 per head
Cattle feeding margins improved only modestly after last week's price rally. Beef packers saw their margins decline significantly with higher bids and declining boxed beef prices.
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Cattle feeding margins slip from bad to ugly
The train wreck for cattle feeders continues as cash cattle prices slip another $2.50 per hundredweight. Pork producer margins are just as ugly with cash prices $5 per hundredweight lower than a month ago.
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Feeding margins decline again, packer margins improving
Cash cattle prices declined for the second consecutive week, producing another decline in cattle feeding margins. Beef packer margins improved, and are nearing the break even point. Pork packer margins are in the black.
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Cattle feeding margins steady, packer margins improve
Cattle feeding margins held nearly steady as cash cattle prices showed little movement. Packer margins, however, saw significant gains as wholesale beef prices improved dramatically. Pork producer margins were steady.
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Cattle feeding losses remain above $100
Cattle feeding margins improved last week, but losses remain above $100 per head. Cash hog prices dropped more than $5 per hundredweight, pushing per head losses near $30 per head.
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- New school lunch beef recipes win approval from kids, foodservice
- Prices for corn and soybeans, five years from now
- The relationship between retail gasoline prices and futures prices
- Drier weather to give big boost to U.S. corn plantings
- Domestic ethanol production starts to grow again
- Agriculture is expected to remain strong in the coming decade
