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Wednesday, April 08, 2015

Are feedlots making money?

By Angus Brown  |  Source: MLA's NLRS, Trade

A pertinent question, posed by a long time reader is how are feedlots faring when paying record feeder cattle prices and historically strong grain prices? The short answer is that feedlots have been, and still are, making money. Moreover, they have some room to move higher on feeder cattle prices providing grainfed cattle values remain relatively static.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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