Regarding margins, the pork industry did not see much change last week. According to Sterling estimates, packer margins were about breakeven while Sterling’s farrow-to-finish margins were $88/head against Sterling’s estimated breakeven of $62/cwt.
The Lean Carcass Value averaged $111/cwt. and down from $111.71/cwt. the prior week while the Pork Cutout averaged $116.37/cwt. compared to $116.97/cwt. the prior week.
View the full Sterling Pork Profit Tracker for the week ending August 16.
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.)
