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Profits continue to increase for both cattle and hog producers.
Cattle feeders’ profits last week were $271 per head more than at the same time last year when $114 per head losses were recorded.
Cattle feeding margins jumped nearly $20 per head higher last week to average $216.
Profit margins for both beef and pork producers fell slightly last week, yet both sectors remain solidly profitable.
Profit margins for cattle feeders rose significantly in the past week.
Profit margins for cattle feeders moved higher last week while pork producers saw a dip in profitability.