Profit Tracker
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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.