Profit Tracker
Check out the latest Sterling Marketing Profit Tracker from week of May 17.
Check out the Sterling Marketing Beef Profit Tracker ending week of May 10.
Check out the Sterling Marketing’s Profit Tracker ending the week of May 3.
Check out the Sterling Marketing Profit Tracker for the week ending April 26.
Check out the Beef Profit Tracker for week of April 19.
Check out the Sterling Marketing Beef Profit Tracker ending April 12.
Check out Sterling Marketing’s Beef Profit Tracker for week ending April 5.
Check out the Sterling Marketing Beef Profit Tracker ending March 29.
The Sterling Marketing Beef Profit Tracker shows current breakeven price in the $170s/cwt compares to $200/cwt for currently placed cattle.
Check out the Sterling Marketing’s Profit Tracker ending for week of March 14.
Feedlot margins jumped from $198 to $366. Choice steers were up slightly to $201.
Choice steers down $2 from last week with feed costs up. Packer margins still in red.
Beef packers saw losses of $195.60 per head and pork packers saw losses of $1.41 per head.
Cash cattle decreased slightly at $202.85 per cwt., while lean carcass hog prices came in higher at $89.67 per cwt.
Cash cattle decreased slightly at $207.25 per cwt., while lean carcass hog prices came in slightly higher at $85.78 per cwt.
Cash cattle remained steady at $209.97 per cwt., while lean carcass hog prices came in slightly higher at $85.56 per cwt.
Cash cattle averaged $202.96 per cwt., up from last week, while lean carcass hog prices were slightly down at $81.08 per cwt.
Cash cattle averaged $199.48 per cwt. while lean carcass hog prices were at $81.79 per cwt., both up from last week.
Cash cattle averaged $195.68 per cwt. while lean carcass hog prices were at $81.02 per cwt., both up slightly from last week.
Cash cattle averaged $194.99 per cwt. while lean carcass hog prices were at $80.35 per cwt.
The packer/feeder margin spread grew this week in favor of the feeder at $285 per head while pork producers found positive margins of $39.77.
Packer margin losses grow, with beef packers at a loss of -$91.33 per head and pork packers averaging losses of -$5.87 per head.
Margins widened this week this week for pork and beef producers while packer margins remain in the red for beef at -$34.67 and decreased for pork to $8.65.
The estimated total cost for finishing a steer last week was $2,770 per head. Hogs placed for finishing last week had a breakeven at $68.36 per head.
Hogs placed for finishing last week had a breakeven at $69.49 per head. The estimated total cost for finishing a steer last week was $2,702 per head, according to the Sterling Profit Trackers.
How did the beef and pork markets shake out last week?
Beef packers saw profits increase $26 per head to a total loss of $86 per head. That puts the packer/feeder margin spread at $289 per head in favor of the feeder. Meanwhile, pork packers saw average profits of $25 per head, up $2.68 from the previous week.
John Nalivka of Sterling Marketing shares his weekly Beef and Pork Profit Trackers, giving us a deeper look at what’s going on in the markets.
Negotiated cash cattle increased an average of $2.20 per cwt. the week ending Sept. 28. Farrow-to-finish hog producers found positive margins of $8.55 per head last week, down $1.75 from the previous week.
The Grinch is writing closeouts ahead of the holidays as cattle and hog profit margins tumble to their lowest point since the summer of 2020, just months into the COVID pandemic.