The trend in pork industry margins continued last week with Sterling estimated farrow-to-finish margins averaging $6.85/head against $11.68/head the previous week.
Packer margins were estimated by Sterling to average $52.12/head compared to $46.26 a week earlier.
The Pork Cutout averaged $98.62/cwt. last week, a gain of nearly $1.25/cwt. from a week earlier while the W. Cornbelt Negotiated Lean Carcass Value averaged $69.31 for the week against $70.64/cwt. the prior week.
View the full Sterling Pork Profit Tracker for the week ending Dec. 20.
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.)
