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<blockquote data-quote="HDRider" data-source="post: 1609425" data-attributes="member: 17025"><p>Know how much profit you make per head.</p><p></p><p>Gains in cash cattle prices did not translate into higher profits for feedyards last week. Cattle traded at $116, about $1 higher, but feedyard margins declined $35 per head to a modest average profit of $24, according to the Sterling Beef Profit Tracker. The decline was due to higher feeder cattle prices calculated against last week's closeouts.</p><p></p><p><strong><span style="color: #FF0000">Packer</span></strong> margins also slipped modestly, but packer <strong><span style="color: #FF0000">profits</span></strong> still totaled an average of <strong><span style="color: #FF0000">$363 per head</span></strong>. The packer/feeder margins spread was $339, about $1 higher than the previous week.</p><p></p><p>A year ago cattle feeders found profits of $39 per head on closeouts the third week in November, while <strong>packers</strong> saw <strong>profits of $224</strong>, for a spread of $185.</p><p></p><p>https://www.drovers.com/article/profit-tracker-feedyard-packer-margins-slip-lower</p><p></p><p>https://cdn.farmjournal.com/s3fs-public/inline-files/Beef%20tracker%20112619.pdf</p></blockquote><p></p>
[QUOTE="HDRider, post: 1609425, member: 17025"] Know how much profit you make per head. Gains in cash cattle prices did not translate into higher profits for feedyards last week. Cattle traded at $116, about $1 higher, but feedyard margins declined $35 per head to a modest average profit of $24, according to the Sterling Beef Profit Tracker. The decline was due to higher feeder cattle prices calculated against last week’s closeouts. [b][color=#FF0000]Packer[/color][/b] margins also slipped modestly, but packer [b][color=#FF0000]profits[/color][/b] still totaled an average of [b][color=#FF0000]$363 per head[/color][/b]. The packer/feeder margins spread was $339, about $1 higher than the previous week. A year ago cattle feeders found profits of $39 per head on closeouts the third week in November, while [b]packers[/b] saw [b]profits of $224[/b], for a spread of $185. https://www.drovers.com/article/profit-tracker-feedyard-packer-margins-slip-lower https://cdn.farmjournal.com/s3fs-public/inline-files/Beef%20tracker%20112619.pdf [/QUOTE]
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