# Profit Tracker: Cattle Margins Closing on $400; Pork Margins Solid - Drovers

> Cattle feeding margins rose about $83 to $85 per head to an average profit of $375 for the week ending May 18, as cash fed cattle rallied about $3. Beef packer losses narrowed to $98 per head, and pork packer margins stayed above $40 for a fourth week.

- Date: 2024-05-21 · published 2024-05-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6976-profit-tracker-cattle-margins-closing-on-400-pork-margins-solid-drovers
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Improved feeder margins and higher cutouts indicate strong cattle demand and support fed cattle prices, while lower total feed costs help sustain feedlot profitability.

## Read by commodity

- CORN: neutral
- HOGS: bullish ▲
- LCATTLE: bullish ▲

## Sources

- drovers.com: https://www.drovers.com/news/beef-production/profit-tracker-cattle-margins-closing-400-pork-margins-solid

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.