Harrington's Sort & Cull
John Harrington DTN Livestock Analyst
Fri Sep 18, 2015 03:11 PM CDT

If you had plenty of crowbars and told the trucker to stay on back roads, you might be able to squeeze 30 head of over-finished steers into a single pot this week, sadly kicking them toward the nearest packing plant and a breathtakingly miserable payday.

Assuming the 5-area steer price averaged close to $135 (i.e., $4.18 below last week, $15.62 poorer than mid August, $32.57 short of the early spring high, and $21.74 less than 2014), the DTN feeding model estimates that unhedged cattle just marketed lost more than $325 per head. Our model is based on 8-weight steers on ...

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