Home > News > Cattle, Hog Margins Continue Gradual Improvement

Grain farmers aren’t the ones who are getting bullish market news this week. Cattle and hog finishing margins continue to move higher. Average cattle feeding margins were $47/head last week, almost double the previous week’s margin. That translated to an increase of $2/CWT in cash fed cattle prices. At the same time, lean hog carcass price profits rose $12/head last week, a $5 increase over the previous week. That puts prices around $16/CWT higher than the same time a year ago. Packer margins continued to move higher for beef ($32/head growth in the last week, now at $306/head), while pork packers saw profits decline slightly last week, now sitting at an average of $37/head. That’s likely to contribute to $18/head losses for hog producers and packer profits of $59/head by year’s end, analysts say. Cattle feeding margins are expected to average about $10/head, while cow/calf net $57/calf and packers make $314/head. See more of the latest bullish cattle and hog data.

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