Sterling Profit Tracker

Beef packer margins saved by improving beef prices

Feeder margins increased as cash cattle prices reached new record highs while packer margins improved on better beef prices according to the Sterling Beef Profit Tracker. FULL STORY »

Feeder & packer profit margins steady as cash trade improves

Cash trade improved by a dollar per hundredweight last week, but higher total costs moved feeder margins marginally lower according to the Sterling Beef Profit Tracker. FULL STORY »

Feeder margins approach $100 per head, packer losses mount

Feeder margins more than doubled the previous week’s average with averages reaching $89.08 per head according to the Sterling Beef Profit Tracker. FULL STORY »

Strong equities seemingly support commodities Thursday morning

Corn futures couldn’t sustain early gains. Although the big stock market surge seemed very supportive of the commodity sector, corn futures proved a bearish exception Thursday morning. FULL STORY »

Feeder margins over $100 higher than a month earlier

Cash trade plays a major role in feeder and packer profit margins this week as a $2 increase above the previous week pushes profit margins in opposite directions. FULL STORY »

Feeders can put the red ink away, margins turn positive

Feeder margins escaped negative figures last week, improving by $71.88 to average $42.88 per head. The improvement lifts feeders out of the red according to the Sterling Beef Profit Tracker. FULL STORY »

Falling beef prices turn packer margins negative

Wholesale beef prices trending lower over the past two weeks led to negative beef packer margins last week as cash prices remain steady. FULL STORY »

Feeder margins improve with lower feed costs, packer margins fall

Feeder margins are getting better and are twice as good as a year ago with feed costs more than $35 cheaper than the previous week, according to the Sterling Beef Profit Tracker. FULL STORY »

Feeder margins improve despite rising feed costs, steady sales

Although feeder margins didn’t drastically improve last week, they did well in the face of rising feed costs and steady cash sales of Choice steers which remained at $123 per cwt, according to the Sterling Beef Profit Tracker. FULL STORY »

Most ag markets closed rather weakly Tuesday

Corn futures reversed from early highs Tuesday. After leaping upward in response to droughty late-summer weather and forecasts for more of the same through early September, corn futures reversed sharply Tuesday. FULL STORY »

Feeder, packer margins move opposite directions

Packers saw margins move back above twenty dollars last week as cash trade remained steady and the beef cutout moved $2.75 higher. Feeder margins weren’t as lucky. FULL STORY »

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