Packer
Cattle feeders’ profits last week were $273 per head more than at the same time last year.
Profit margins for cattle feeders moved higher last week while pork producers saw a dip in profitability.
The dog days of summer are nowhere to be found with profits continuing to increase for both cattle and hog producers.
Cattle feeding margins declined $87 per head last week, but remain near $200.
Profitability for both cattle and hog producers has been losing steam for the past month, but things could be a lot worse.
Profits jumped higher on a $4 per cwt. advance in cash prices despite a $6 per head increase in feed costs, according to the Sterling Beef Profit Tracker.
Cattle feeding margins increased $10 per head last week as cash cattle prices improved, according to the Sterling Beef Profit Tracker.
Cattle feeding margins increased $50 per head last week as cash cattle prices improved $5 per cwt.
Despite the decline in feeding margins, feedyard profits remain above $186 per head.
Record cash fed cattle prices last week at $171 - $172 per cwt. boosted cattle feeding margins $22 per head, according to the Sterling Beef Profit Tracker.
Cattle feeding margins declined $52 per head last week despite steady cash prices.
Cattle feeders saw profits climb to $213 per head after slipping to $175 per head the week before.
Profit margins declined just $4 per head last week, but are $9 per head higher than a month ago, according to the Sterling Beef Profit Tracker.
Beef packers saw modest improvement to their long-running negative margins.
Last week, when cash cattle traded at $173 to $174 per cwt., average feedyard margins dropped to $132 per head, according to the Sterling Beef Profit Tracker.
Cattle feeding margins nose-dived $100 per head last week, settling at $45 per head, according to the Sterling Beef Profit Tracker.
The pain eased somewhat for cattle feeders last week, but losses remain more than $170 per head.
It was another ugly week for cattle feeders.
Beef packers put away the red ink last week as they turned modest profits on every animal processed. Feedyard margins, however, slipped a little further away from positive.
Cash cattle prices dipped nearly 50 cents per cwt.
Whether you’re cattle feeder or packer, ledger sheets are full of red ink.
Cattle feeding margins declined $45 per head last week, leaving average per head losses at more than $77.
Cattle feeding margins improved nearly $25 per head last week, but average per head losses remain more than $32.
Live cattle sales averaged $4 per hundredweight higher last week with relatively steady total feeding costs, according to the Sterling Beef Profit Tracker.
Cattle feeders added a little powder and lipstick to closeouts this week, but the ugly continues to shine through.
Cattle feeding margins took another turn south last week after a nearly $4 per cwt. decline in fed cattle prices.
Cattle feeding margins took another tumble last week after a $1 per cwt. decline in fed cattle prices.
Cattle feeding margins declined nearly $53 per head last week, leaving average losses at $56 per head.
The financial pain of feeding cattle eased again last week, but losses remain more than $125 per head.
The pain eased somewhat for cattle feeders last week, but losses remain more than $97 per head.