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Declining Farrow-Finish Pork Producer Margins; Cattle Feeders Loose Triple Digits

Cattle feeders saw average losses of $92 per head last week while packer margins hit $302. Feedyard closeouts were $75 per head worse than the week before, according to the Sterling Beef Profit Tracker. Cash prices for fed cattle declined $2 per cwt last week, and the beef cutout declined $3 per cwt, closing at $212.47. The cost of finishing a steer last week was calculated at $1,578, which is $157 higher than the $1,421... Read More

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