Sep 22, 2014
Home| Tools| Events| Blogs| Discussions| Sign UpLogin

Profit Tracker: Beef Rising, Pork Falling

August 7, 2014
By: Wyatt Bechtel, Dairy Today google + 
BT Beef Grocery 3
Beef cutout values improved $8.64 per cwt. last week.  

Profit margins for cattle feeders moved higher last week while pork producers saw a dip in profitability. Both sectors remain solidly profitable.

Cattle feeders recorded average profits of $381.70 per head last week, about $24 per head more than the previous week, according to the Sterling Beef Profit Tracker. The margins represent a whopping $506.53 per head improvement over the average losses of $124.83 recorded last year at this time, according to estimates developed by John Nalivka, president of Sterling Marketing, Vale, Ore.

Beef cutout values improved $8.64 per cwt. last week, boosting beef packer margins to $81.12 per head to end the week. A month ago packers recorded profits of $47.75 on every animal processed, compared to just over $10 per head at the same time last year.

Farrow-to-finish hog margins declined $10.43 per head with average profits at more than $91 per head. Negotiated cash hog prices dipped by $4.73 per cwt. to $123.28 per cwt. Pork packers were estimated to earn $8.49 for every animal processed.

The spike in both cattle feeding and farrow-to-finish profits this summer is due to significantly higher cash prices and lower overall feed prices. Cash prices for fed cattle are more than $45 per cwt. higher than last year, and negotiated hog prices are more than $24 per cwt. higher than last year.

See Comments


 
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