Sep 17, 2014
Home| Tools| Events| Blogs| Discussions| Sign UpLogin

Profit Tracker: Feeding Margins Remain Above $300

July 14, 2014
By: Greg Henderson, Beef Today Editorial Director
BT Rotator Feedlot 10
  

Despite a $17 per head decline, average feedyard margins remained above $300 last week. Fed cattle prices dipped $2 to $3 per cwt., but lower breakevens on outgoing cattle supported solid profts, according to the Sterling Beef Profit Tracker. Farrow to finish pork margins increased nearly $7 per head to $110. Both beef and pork profit margins are calculated by John Nalivka, president, Sterling Marketing, Vale, Ore.

Cattle feeders’ profits last week were a whopping $490 per head more than at the same time last year when $187 per head losses were the norm. Beef cutout values increased nearly $3 per cwt. last week, helping packers improve their margins by nearly $5 per head. Per head packer profits last week were estimated at $52. Packer profits totaled $59 per head at the same time last year. Pork packers saw a slight decrease in profit margins from a $2.37 per head profit to a 52-cent per head loss.

Farrow-to-finish hog margins are about $28 per cwt. above where they were a month ago, and significantly better than the $20 per head profits seen last year. Cash prices for fed cattle are nearly $37 per cwt. higher than last year, and negotiated hog prices are $31 per cwt. higher than last year.

See Comments

RELATED TOPICS: Hogs, Fed Cattle, Cattle, Feedyard, 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