Feedyard profit margins jumped again marking the 15th consecutive week of feedyard profitability.
According to the Sterling Beef Profit Tracker, profit margins were $370 per head – nearly 40 percent higher than last month.
John Nalivka, who publishes the report, says the biggest difference in feedyard profitability is the cost of the cattle and the cost of gain. “My cost of gain is probably is in that 60 cent area now,” he says.
Continue reading Feedyard profit margins jump again at Brownfield Ag News.
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