Farrow-to-finish margins continue to post strong results averaging an estimated $85.84/head. The Lean Carcass Value last week averaged $109.97/cwt and was down nearly $4/cwt from the previous week while the Pork Cutout gained $1/cwt to average $120.72/cwt. The lower hog cost together the additional $1 on the cutout left packer margins gaining $9/head.
View the full Sterling Pork Profit Tracker for the week ending June 28.
The Beef and Pork Profit Trackers are calculated by Sterling Marketing, Vale, Ore.
(Note: The Sterling Beef Profit Tracker calculates an average beef cutout value for the week in its estimates for feedyard and packer margins. Other prices in the weekly Profit Tracker also are calculated weekly averages. Feedyard margins are calculated on a cash basis only with no adjustment for risk management practices. The Beef and Pork Profit Trackers are intended only as a benchmark for the average cash costs of feeding cattle and hogs. Sterling Marketing is a private, independent beef and pork consulting firm not associated with any packing company or livestock feeding enterprise.)
