As with the beef industry, the pork industry also saw a significant shift in margins last week as the W. Corn Belt Lean Carcass Value was off $15/cwt. from the prior week to average $44.85/cwt. This left Sterling’s calculated farrow-to-finish margins averaging -$44.85/head last week, a $30/head drop from the prior week.
Packer margins rose sharply to average an estimated $46/head, a notable rebound.
View the full Sterling Pork Profit Tracker for the week ending Nov. 7.
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.)
