Greg Henderson

Greg Henderson is Editorial Director of Drovers.

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Feedlot closeouts continue ending on positive notes.
Cattle feeders turned a profit for the eighth consecutive week.
Cattle feeders saw positive margins on closeouts for the ninth consecutive week.
Cattle prices have fallen and so are profits.
Last week’s $3 per cwt rally in cash fed cattle prices pulled feeding margins out of the red and cut beef packer profit margins by 20%.
Feedyard profit margins rebounded slightly after last week’s $2 rally in the cash fed cattle market.
Leverage shifting from feedyards to packers as summer begins.
The Sterling Beef Profit Tracker reports average cattle feeding closeouts were in the black last week, but with little room to spare.
Cash cattle prices held steady during the week ended August 2, but cattle feeding margins improved $12 per head.
Cattle feeding margins improved last week after a $1 boost to cash fed cattle prices.