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Sterling Marketing's Beef Profit Tracker shows cash fed steers averaged $205.70/cwt in the week ending March 14, up $6.50. Feeder steers weighing 750 to 800 lbs rose $12 to $286/cwt.
Feedlot margins were estimated at $420 per head, while packer margins were $138 in the red.
Strong fed and feeder cattle prices with negative packer margins point to tight supplies, which supports cattle prices and pressures packer buying.
drovers.comMaggie MalsonMar 18, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
