Profit tracker: Feedyard margins exceed $200 per head

A $3 per cwt. rally in fed cattle prices pushed cattle feeding profit margins to $210 per head, a $27 bump from the previous week. Packers saw their margins drop $31 per head to $89.  The increase in profits was muted somewhat by slightly higher costs for feeder cattle placed against last week’s marketings, according to the Sterling Beef Profit Tracker. Read more…