Oct 2, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin

Profit Tracker: Beef, Pork Margins Remain Strong

April 1, 2014
By: Greg Henderson, Beef Today Editorial Director
beef cattle prices
  
 
 

Strong profits continue for both beef and pork producers. Cattle feeders recorded average profits of $242 per head last week, slightly lower than the previous week, according to the Sterling Beef Profit Tracker. The margins represent a $347 per head improvement over the average losses of $105 recorded last year at this time, according to estimates developed by John Nalivka, president of Sterling Marketing, Vale, Ore.  

Beef cutout values declined $3 per cwt. last week, and beef packer margins declined $29 per head to $37 per head. A month ago packers were losing $80 on every animal processed, and losses totaled $39 per head at the same time last year.

Farrow-to-finish hog margins increased $13.05 per head to more than $116 per head, the highest profit margins in the Sterling Pork Profit Tracker database. Negotiated cash hog prices rallied $4.48 per cwt. to $129.73 per cwt. Pork packers were estimated to lose $2.50 for every animal processed.

The spike in both cattle feeding and farrow-to-finish profits is due to significantly higher cash prices and lower overall feed prices. Cash prices for fed cattle are more than $27 per cwt. higher than last year, and negotiated hog prices are nearly $51 per cwt. higher than last year.

See Comments

RELATED TOPICS: Beef, Marketing, Pork

 
Log In or Sign Up to comment

COMMENTS

No comments have been posted



Name:

Comments:

Receive the latest news, information and commentary customized for you. Sign up to receive the AgWeb Daily eNewsletter today!.

 
 
Enter Zip Code below to view live local results:
bayer
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions