As producers continue to make both short-term and longer-term decisions in managing their operations it is useful to periodically step back and take stock of characteristics depicting the industry more broadly. The recently updated estimates from USDA ERS of production costs and returns offer an opportunity to increase our understanding of regional variation in the U.S. cow-calf sector.
Cash cattle prices lost another $2 per cwt. last week, a decline of $7 over two weeks. Coupled with higher input costs on feeder cattle, the decline feedyards with an average $22 per head loss last week.