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Profit margins for both beef and pork producers moved slightly higher last week, ending a month-long downward trend. Both sectors remain solidly profitable.
Cattle feeders saw another significant bump in profit margins last week.
Cattle feeding margins declined $22 per head last week, but remain more than $280.
The increase in margins was the third consecutive weekly gain, leaving average profits above $230 per head.
Beef packers put away the red ink last week as they turned modest profits on every animal processed. Feedyard margins, however, slipped a little further away from positive.
Cattle feeding margins improved nearly $25 per head last week, but average per head losses remain more than $32.
It was another ugly week for cattle feeders.
Cattle feeding margins declined $45 per head last week, leaving average per head losses at more than $77.
Cash cattle prices dipped nearly 50 cents per cwt.
Whether you’re cattle feeder or packer, ledger sheets are full of red ink.
The pain eased somewhat for cattle feeders last week, but losses remain more than $170 per head.
Cattle feeders began the New Year with black ink on their closeouts, but profits were minimal
After two weeks of losses, cattle feeding margins are back in the black.
Cattle feeding margins took another tumble last week after a $1 per cwt. decline in fed cattle prices.
The pain eased somewhat for cattle feeders last week, but losses remain more than $97 per head.
The financial pain of feeding cattle eased again last week, but losses remain more than $125 per head.
Cattle feeders added a little powder and lipstick to closeouts this week, but the ugly continues to shine through.
Cattle feeding margins took another turn south last week after a nearly $4 per cwt. decline in fed cattle prices.
Cattle feeding margins declined nearly $53 per head last week, leaving average losses at $56 per head.
Last week saw dramatic improvement in cattle feeding margins, yet triple-digit losses remain.
Cattle feeding margins took two steps back last week as cash cattle prices hover around what producers hope are the summer lows.
Cattle feeders and beef packers are hoping the price lows are in for the summer as both operated at a loss last week.
A $6 per head decline in cattle feeding margins is tolerable, unless you were already losing $112.
A $4 per cwt. rally in cash fed cattle prices reduced losses for fed cattle to less than $50 per head last week.
Beef packers saw their margins jump $51 per head higher last week, ending with profits more than $83.
With cash fed cattle prices tumbling $6 per cwt. last week an increase in cattle feeding losses was certain.
Cattle feeding margins took another tumble last week as cash fed cattle prices declined $2.40 per cwt.