Monthly fed cattle net returns have been negative since December 2014. While Purdue University agricultural economist Michael Langemeier said it appeared a few months ago that beef producers would climb above breakeven levels this spring, a recent drop in fed cattle prices suggests that this may no longer be the case.
According to data from the Livestock Marketing Information Center (LMIC), fed cattle prices in Kansas dropped from $135.93/cwt. for the week ending March 27 to $123.8
All access premium subscription
This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.
Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)
Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.
SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx
TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx