Farrow-to-finish margins at $64/head remain in good shape with a estimated break-evens in the low-$60 range. The Lean Carcass Value averaged $93.87/cwt. for the week and down slightly from the previous week. Feed costs remain relatively low with Sterling’s estimate for last week’s marketings at $72/head.
Packer margins showed minor improvement last week and averaged $1.14/head according Sterling’s estimate. Sterling’s estimate for plant capacity utilization averaged 80% for the week with the week’s reduced kill.
View the full Sterling Pork Profit Tracker for the week ending May 30.
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.)
