The Lean Carcass Value gained $2/cwt. last week to average $97.01 for the week. The higher price for hogs added another $2/head to farrow-to-finish margins.
At the same time, the Pork Cutout Value averaged $96.45/cw.t, down from $99.63/cwt the previous week’s average. Together, the higher cost of hogs and lower cutout left packer margins at an estimated -$11.11 for the week.
View the full Sterling Pork Profit Tracker for the week ending June 13.
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.)
