Farrow-to-finish margins continued to gain strength with the Lean Carcass Value averaging $91.33/cwt. last week against $89.04/cwt. a week earlier.
Sterling hog producer margin was at $56.21/head and $4/head higher than the prior week. A lower feed cost added further support. While the Pork Cutout value also gained last week to average $91.33/cw.t, it was not enough to maintain packer margins which fell to $1.53/head according to Sterling’s estimate from $3.50/head the prior week.
View the full Sterling Pork Profit Tracker for the week ending Feb. 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.)
