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Cattle in feedlot DarcyMaulsby/iStock/Thinkstock

Cattle feeding losses dive in September

Steer and heifer returns expected to return to black by next May.

The average economic returns to feedlot operators for September are losses of nearly $340 per steer, according to the latest projections from Kansas State University economist Glynn Tonsor. Currently, the net returns projected for closeouts in August are losses of $184.99 per head for steers and $195.57 per head for heifers.

Tonsor’s latest set of numbers suggest that those returns could retreat to losses of nearly $70 per steer in December. By May 2020, projections suggest a return to the black, with gains of nearly $10 per steer.

Losses aren’t expected to be as large for heifers. Losses in September are expected to be approximately $280 per heifer but could return to gains of nearly $40 by next May, Tonsor’s projections suggest.

cattle feeding returns 9.19.png

 

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