Beef’s economic indicators moved significantly higher during March, with improving feedyard and packer margins. Five of the eight indicator arrows point higher, with only one pointing lower, according to Drovers’ monthly analysis. Cash cattle prices improved significantly during the month, leading several indicators higher. Production costs remain manageable with a gain of 1.44 for the steer-corn ratio. Feedyard margins gained more than $50 per head, and packer margins improved nearly $30 to end the month near breakeven. Sterling Marketing projections suggest April prices and profit margins will improve slightly over March. Competitive meats earned the month’s lone down arrow, with increasing pork and poultry production and higher retail prices.