Sterling Profit Tracker

Cattle feeding losses more than double

Cattle feeding margins saw slow improvement through October and November, but last week produced a major step backward as per head losses more than doubled. Beef packer margins and pork producer margins both improved modestly. FULL STORY »

Feeding losses increase again, pork margins slip, too

Steady boxed beef prices and steady cash fed cattle prices last week resulted in a modest increase in losses for cattle feeders and a modest improvement for packer margins. Negotiated hog prices declined more than $2 per hundredweight. FULL STORY »

Feeding losses increase significantly, packers slip, too

Declining boxed beef prices and a $1 drop in cash fed cattle prices increased losses for both feeders and packers last week. Pork producers also saw margins erode with another $1.25 drop in negotiated cash hog prices. FULL STORY »

Corn futures settle higher on Wednesday

Corn futures settled higher on Wednesday. Technical buying and production worries fueled double digit gains in the wheat market which pulled corn futures higher today. FULL STORY »

Cattle feeding margins erode despite steady bids

Cash fed cattle traded mostly steady last week but higher input costs increased the per head losses on average closeouts. Packers margins gained slightly, but heavy losses remain. Negotiated hog prices saw modest gains and producer margins are near break even. FULL STORY »

Soybeans fall on Brazil weather; U.S. hurricane eyed

U.S. soybean futures fell nearly 2 percent on Monday, the biggest daily slide in two weeks, on long liquidation tied to improving weather outlooks in top producer Brazil and concerns about Hurricane Sandy's impact on the U.S. financial sector. FULL STORY »

Packer margins improve modestly on higher boxed beef

A $4 advance in beef cutout values helped boost packer margins by $13 per head, but losses remain near $50 per head. Cattle feeders saw their margins improve minimally. Negotiated hog prices gained nearly $2, bringing pork producer margins near break even. FULL STORY »

Losses continue for cattle feeders, packers

A $1 per hundredweight advance in cash cattle prices could not boost cattle feeding margins last week, and packer margins slipped another $9 per head into the red. Negotiated hog prices gained nearly $2 per hundredweight, bringing pork producer margins near break even. FULL STORY »

Cattle feeding margins improve $50 per head

A $1 per hundredweight improvement in cash cattle prices coupled with lower feeding costs against this week’s marketing helped improve cattle feeding margins nearly $50 per head. Negotiated hog prices gained more than $4 per hundredweight. FULL STORY »

Train wreck continues for cattle feeders

A $3 decline in cash cattle prices nearly doubled the losses on cattle marketed last week. Packer losses increased slightly as wholesale beef prices also declined $3. Negotiated hog prices gained more than $6, but pork producer margins remain in the red. FULL STORY »

Feedyard margins decline, packer losses improve modestly

A $1 decline in cash cattle prices last week helped erode feeding margins that had neared break even the week before. Packer losses saw modest improvement, but remain more than $50 per head. Negotiated hog prices gained more than $4 per hundredweight. FULL STORY »

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