Sterling Profit Tracker
Beef packer margins improve, feeding margins ugly
Improving boxed beef prices helped beef packer margins gain ground last week, but cattle feeding margins made only minimal gains on slightly higher cash prices. Softer cash hog prices pushed producer margins into the red.
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Packer margins climb into the black, feedyard losses exceed $100
Surging boxed beef prices the past two weeks have helped beef packers pull processing margins into the black for the first time in months. Cattle feeding losses continue to erode as prices falter.
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Beef rally boosts packer margins, but feeding margins decline
A $10 rally in boxed beef prices cut packer losses in half last week, but the rally didn’t spill over to help feedyard margins. Pork producer margins improved on slightly higher prices.
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Beef rallies on stronger demand as “pink slime” controversy fades
Packer margins remain dismal, but low retail inventories heading into peak grilling season fueled an early-week rally in the beef trade. Choice boxed beef sold Wednesday for nearly $7 more than Friday.
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Soft demand keeps feeding, packing margins gloomy
Cattle feeding margins declined nearly $20 per head last week, further adding to losses on every animal marketed. Packer margins showed only slight improvement. Pork producer margins remain positive.
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Feeding, packing margins sink on weak beef demand
Profit margins for feedlots and packers declined last week as beef demand continued to erode with the ongoing LFTB media firestorm. Pork producer and pork packer margins also declined.
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Declining boxed beef prices drive packer margins sharply lower
Both cattle feeding margins and beef packer margins saw significant decline last week as beef cutout values dropped nearly $5 per hundredweight. Pork producer margins improved.
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Feedyard closeouts now written in red, packers in black
Cattle feeding margins slipped into negative territory last week for the first time this year. Margins declined more than $75 per head for the week as cash cattle prices dropped another $5 per hundredweight.
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Feedyard profit margins eroding as demand weakens
Cattle feeding profits declined another $56 per head last week as cash fed cattle prices dropped $2 to $3 per hundredweight.
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Feeding profits, packer margins continue decline
Cattle feeding profits dropped another $30 per head last week as cash fed cattle prices declined $2 per hundredweight.
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Cattle feeding profits, packer margins decline
Cattle feeding profits dropped significantly last week as cash fed cattle prices declined $2 to $3 per hundredweight.
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- Post-tornado composting a solution for disposal of dead livestock
- Michigan hay buyers should plan purchases early
- Seven jobs more dangerous than farming
- New animal identification rules aid disease traceability
- Drought losses in Oklahoma top $400 million for 2012
- Former Eastern Livestock CEO, CFO sentenced for federal crimes
