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Texas and Southwestern Cattle Raisers Association

Texas and Southwestern Cattle Raisers Association

To Honor and Protect the Ranching Way of Life

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Profit Tracker: Profitability streak ends

Cattle feeders lost an average of $13 per head last week, breaking a string of 46 consecutive weeks of profitability dating back to November of last year. Last week 5-area Choice steers saw a modest gain of $1.25 per cwt., but costs against those steers marketed last week increased $57 per head, according to the Sterling Beef Profit Tracker, reports Greg Henderson with Drovers CattleNetwork. Beef packers, already with strong margins, saw their profits increase $7 per head to $186. Last week’s beef cutout price was $196, up $1.05 per cwt. from the previous week. Read more…

Written by:
kristin
Published on:
October 11, 2017

Categories: General, The Cattleman Now

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