Farrow-to-finish margins averaged $66.34/head last week according to Sterling’s estimate with the W. Cornbelt Lean Carcass average at $94.32/cwt. and about $1/cwt. higher than the prior week.
Sterling’s estimate for the breakeven price for finished hogs was $63.75/cwt. Sterling’s estimated packer margin for the week was -$5.17/head and further into the red from the prior week.
The drop credit was at $14/head was the highest since January 2024.
View the full Sterling Pork Profit Tracker for the week ending May 23.
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.)
