Profit Tracker: Hogs See Lowest Breakeven Since 2020 While Beef Breakeven Prices Jump Higher
Last week’s substantial drop in the breakeven feeding cost for feeder cattle placed on feed last week is significant to the market outlook, says John Nalivka, president of Sterling Marketing Inc. “High breakeven prices together with record beef prices pose a potential problem for the market. If consumers bulk, and so far they have not […]