Latest News From Profit Tracker

Cattle feeding losses averaged $83 per head last week, while packers recorded $168 per head profits, according to the Sterling Beef Profit Tracker.

While cash cattle prices slipped only modestly, cattle feeders saw margins erode by $86 per head, falling from an average profit of $38 two weeks ago to an average loss of $49 per head last week.

A $1 per cwt rally helped boost cattle feeding profits marginally last week while packers lost a little off their large margins.

A $1 per cwt rally helped boost cattle feeding profits marginally last week while packers lost a little off their large margins.

Beef packer profits totaled a collective $186 million last week, according to the Sterling Beef Profit Tracker.

Packer margins improved $55 per head last week as Choice beef cutout values gained nearly $4 per cwt and cash cattle prices declined $1 per cwt.

Cattle and hog margins are headed south as supplies build and packers run near capacity.

Cattle feeding margins declined $34 per head last week as cash cattle prices fell $2 per cwt. , leaving closeouts $5 per head in the red.