John Nalivka on Muck Rack

John Nalivka

United States
As seen in: Drovers, Capital Press, AgWeb, Dairy Herd Management, The Scoop, Argus Observer, The Pork Podcast, Tri-State Livestock News, Farm Journal's Pork (Pork Business), Bovine Veterinarian, Feedlot Magazine
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Articles

Packer Margins Hit Red as Lean Carcass Values Outpace Pork Cutout

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By John Nalivka
| The Pork Podcast
The Lean Carcass Value gained $2/cwt. last week to average $97.01 for the week. The higher price for hogs added another $2/head to farrow-to-finish margins. At the same time, the Pork Cutout Value averaged $96.45/cw.t, down from $99.63/cwt the previous week’s average. Together, the higher cost of hogs and lower cutout left packer margins at an estimated -$11.11 for the week. View the full Sterling Pork Profit Tracker for the week ending June 13.
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Profit Tracker: Feedlot Margins Weaken While Packers Adjust to Tightening Supplies

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By John Nalivka
| Drovers Verified
Feedlot margins weakened somewhat last week as the breakeven for those cattle increased about $3.50/cwt. from cattle marketed the prior week. The 5-Area Direct Choice steer price averaged $256.09/cwt. against $256.52/cwt. the prior week. Packer margins were pushed further into the red with Sterling’s calculated average at -$254.49/head.
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Profit Tracker: Feedlot Margins Surge Past $450 as Cattle Costs Soften

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By John Nalivka
| Drovers Verified
With nearly a $4/cwt. drop in the cost of cattle for cattle purchased two weeks ago and slaughtered last week, packer margins showed modest improvement last week to average -$237.64/head compared to -$291.75/head the prior week as calculated by Sterling. Also, last week did not have the Memorial Day holiday but it did have the strike at Cargill’s Fort Morgan plant, leading to higher utilization of plant capacity, which was estimated at 78.8% for the week compared to 66% the prior week.
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