While Sterling’s estimate of packer margins averaged $3.11/head last week against $5.51/head the previous week, farrow-to-finish margins averaged $55.42/head and about $2/cwt. higher than the prior week.
The Lean Carcass Value averaged $91.38/cwt. last week compared to $90.49/cwt. a week earlier while the breakeven for finished market hogs hovers near $66/cwt., break-evens for hogs placed on the finishing floor last week was estimated by Sterling Marketing at $68/cwt.
The Pork Cutout value last week averaged $97.75/cwt. and little changed from the previous week’s average of $97.97/cwt.
View the full Sterling Pork Profit Tracker for the week ending April 18.
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.)
