Sterling Profit Tracker

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 »

Cattle feeding margins improving on lower costs

Closeouts were a little easier for feedyard managers to digest last week, but it wasn’t due to higher cattle prices. The improvement to cattle feeding margins was attributable to lower costs – primarily grain costs. FULL STORY »

Packer margins shrink again, feeders see more red

Feedlot margins remain in the red with last week’s averages losing another $24.55 to settle at $148.49 according to the Sterling Profit Tracker. FULL STORY »

Feeding margins improve on lower costs, packers comfy

Lower grain and feeder cattle prices calculated against last week's fed cattle marketings helped improve feedyard margins, but closeouts remain flooded with red ink. Packer profits are coming back toward realistic levels. FULL STORY »

Feeding losses flirt with $200 again, packers remain cozy

Cash cattle traded $1 lower and feedyard closeouts lost ground again last week. Beef packer margins improved slightly, and profits remain solid. Pork producers see another profitable week. FULL STORY »

Feeding margins show slight improvement, packer margins solid

Losses continue to mount for cattle feeders, though some improvement was found on closeouts last week. Beef packers posted solid profits, as did pork producers and pork packers. FULL STORY »

Margins: still a wreck, but minor improvement; packers tidy

Feedyards found some improvement to their margins last week, but the red ink continues to flow. Packers added $10 per head to their profits. Pork producers are finding solid profits on strong cash sales. FULL STORY »

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