Market Morsel: Processor margins take another hit

Livestock | 11th August 2020 | By Matt Dalgleish

Market Morsel

Processor margins for July extend their reach into negative territory to see average monthly losses of $200 per head of cattle processed.

This takes the annual average margin for 2020 to a loss of nearly $90 per head.

In 2019 the TEM margin model shows that processors achieved an annual average profit of over $140 per head, so it has been a quick turnaround in fortunes.

Tags

  • Beef
  • Cattle
  • Processing
  • Margins