404 Not Found
Sorry, this isn’t the page you’re looking for.
We may have moved the page or you may have arrived here from a bad link. You can go to the home page or use the search above to find what you are looking for.
Cattle feeding margins improved by 50% over the past two weeks, and by 38% during the past week.
Last week’s $3 per cwt. decline in cash fed cattle prices dealt another cruel blow to feedyard closeouts.
Easter week produced a $3 per cwt. decline in fed cattle prices and a $73 erosion in cattle feeding margins.
Cattle feeding margins gained only modestly, despite the fact feeder cattle factored into closeouts were $40 per head less than the previous week.
Cattle feeders generally expected margins to be much better by now. An anticipated spring rally that could have erased a lot of red ink has failed to materialize, leaving feedyard closeouts stuck in neutral with near $200 losses.
It’s the best signal cattle feeders have seen in many months.