Sows
Cattle feeding margins took another tumble last week after a $1 per cwt. decline in fed cattle prices.
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.
Cattle feeding margins took two steps back last week as cash cattle prices hover around what producers hope are the summer lows.
Cattle feeders and beef packers are hoping the price lows are in for the summer as both operated at a loss last week.
Last week saw dramatic improvement in cattle feeding margins, yet triple-digit losses remain.
A $6 per head decline in cattle feeding margins is tolerable, unless you were already losing $112.
With cash fed cattle prices tumbling $6 per cwt. last week an increase in cattle feeding losses was certain.
Cattle feeding margins took another tumble last week as cash fed cattle prices declined $2.40 per cwt.
Beef packer margins jumped into the black last week while cattle feeders saw their margins improve $88 per head, according to the Sterling Beef Profit Tracker.
A $4 per cwt. rally in cash fed cattle prices reduced losses for fed cattle to less than $50 per head last week.
Beef packers saw their margins jump $51 per head higher last week, ending with profits more than $83.
Cattle feeding losses nearly doubled last week as cash fed cattle prices declined another $2 per cwt.
Already facing steep losses, cattle feeders saw their margins decline further in a dismal pre-Labor Day market.
Last week’s $2.50 rally in the cash market was another step in the right direction, but closeouts remain $26.46 per cwt. short of break even.
It’s been a rough fall for cattle feeders, but cowboys found some signs last week that suggest the worst may be behind them.
Cattle feeders hope the cash market found its bottom last week.
The adjectives have all been used to describe the despair that is cattle feeding. Last week was simply worse than the week before, which was a train wreck.
Calculated breakeven prices for cattle shipped from feedyards last week were $170.12, according to Sterling Marketing, Vale, Ore.
Uncharted territory. That’s where America’s cattle feeding industry finds itself as fed cattle lose $611 per head.
Feedyard closeouts saw a $100 per head improvement last week, bringing losses under the $300 per head mark for the first time in months.
Another miserable week left many in the cattle feeding business on the brink of financial ruin.
After slicing more than 50% off the monstrous losses found a month ago, cattle feeders saw their margins slip $43 per further into the red last week with $2 per cwt. lower bids.
A $6-plus per cwt. gain in cash cattle prices produced a 20% improvement in feeding margins.
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.