Breakevens Remain Key in Determining Retained Ownership

Breakevens Remain Key in Determining Retained Ownership

John Nalivka


Sterling Marketing’s estimate for April feeding margins fell sharply from March as the break-even price increased to $118 per cwt from $116 per cwt. These higher breakevens were judged against April’s five-area steer price average of $120 per cwt. Steer prices for the first four months of 2018 averaged $124 per cwt, compared to $122.52 per cwt for the same period a year ago.

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