Farrow-to-finish producer margins continued to improve last week with Sterling’s average estimate at $48.15/head. For the same week one month ago, producer’s average margin was estimated by Sterling at $19.29/head.
Feed costs remain near $73.50 per head while the W. Cornbelt Lean Carcass Value averaged $87.26/cwt. last week and about $.50/cwt. higher than the prior week. Sterling’s estimated pork packer margins last week at $5.60/head, down about $1/head from the prior week with average Pork Cutout at $95.17/cwt. For the same week a month ago, packer margins were estimated at $26.65/head.
View the full Sterling Pork Profit Tracker for the week ending Feb. 14.
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.)
