Sep 18, 2014
Home| Tools| Events| Blogs| Discussions| Sign UpLogin

Profit Tracker: Beef, Pork Higher Again

March 25, 2014
By: Greg Henderson, Beef Today Editorial Director
Charloais Heifer Texas Feedlot
  
 
 

Profits continue to increase for both cattle and hog producers. Cattle feeders recorded average profits of $247 per head last week, up slightly from the previous week, according to the Sterling Beef Profit Tracker. The margins represent a $363 per head improvement over the average losses of $116 recorded last year at this time, according to estimates developed by John Nalivka, president of Sterling Marketing, Vale, Ore.

Beef cutout values increased $1 per cwt. last week, but beef packer margins declined $9.35 to $67 per head. A month ago packers were losing $81 on every animal processed, and losses totaled $19 per head at the same time last year.

Farrow-to-finish hog margins increased $18.90 per head to more than $103 per head, the highest pork profit margins in the Sterling Pork Profit Tracker database. Negotiated cash hog prices rallied $11 per cwt. to $125.25 per cwt. Pork packer margins were estimated at $3.66 per head.

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, Hogs, Fed Cattle, Cattle, Beef News

 
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 Beef Today's Cattle Drive today!. Interested in the latest prices for cattle in your area? See highlights of the latest for-sale cattle in the Cattle-Exchange eNewsletter.

 
 
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