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Profit margins for cattle feeders increased as cash prices moved higher last week. Pork producers continue operating with negative margins.

Momentum continues to shift in cattle markets with strong feeding margins and tightening supplies. Pork producers continue to struggle with negative margins.

Wholesale beef prices continue to support packer margins even as negotiated cash cattle trade well-above the five-year average. Pork producers enjoy a market rally that has lifted margins out of the red.

Cattle feeding margins declined last week after modest declines in cash cattle prices. Pork producer margins remain underwater.

Profit margins for both cattle and hog finishing operations saw modest gains last week but also carry significantly higher feed costs than a year ago.

The pendulum continues swinging toward cattle feeders as cash prices jumped $3 last week and left packers with their largest negative margins in nearly six years.

Cattle feeders have experienced their best month in years with prices reaching record levels. Hog producers, however, are struggling to keep margins out of the red.

During a bilateral meeting on Thursday, U.S. Trade Representative Katherine Tai discussed with Mexico’s Secretary of Economy Tatiana Clouthier various issues concerning energy and biotech corn.

Erik Lichtenberg, University of Maryland professor, says Congress could reorient farm bill conservation funds for climate change, but it could cut into their support.

Public lands ranchers will have the opportunity to communicate face to face with federal agency administrators in Reno, Nevada on Tuesday, July 11, 2023, during an event hosted by Good Grazing Makes Cent$.