Profit Tracker: Cattle Margins Improving

 

By Greg Henderson, FarmJournal's Pork

January 5, 2022

 

Momentum continues to build for cattle feeders as closeouts saw average profits increasing during the final week of 2021. Estimated fed cattle margins totaled $189 per head, according to the Sterling Beef Profit Tracker, a gain of $48 per head from the previous week.

 

Beef packer margins were estimated at $329 per head, a decline of $11 from the previous week, and down $183 per head from the first week of December.

 

Cash cattle prices the last week of December averaged $139.97 per cwt., $4.05 higher than the previous week, and $28.49 higher than the final week of 2020. The Choice beef cutout price was $264.34 per cwt., $3.94 per cwt. lower than the previous week...

 

... Farrow-to-finish pork producers saw average losses of $27 per head last week, a $2 improvement over the previous week. Lean carcass prices traded at $63.34 per cwt., $0.23 per cwt. higher than the previous week. A year ago pork producers lost $8 per head. Pork packers saw average profits of $44 per head...

 

more, including link to Sterling Beef Profit Tracker

https://www.porkbusiness.com/news/hog-production/profit-tracker-cattle-margins-improving