Market conditions in the pork industry are generally steady with the previous week with farrow-to-finish margins hovering near $55/head (Sterling estimate is $55.53/head) and the Sterling’s estimate for packer margins averaging $3.33/head against $5/head the prior week.
The Pork Cutout averaged $99.28/cwt. and little changed from the previous week’s $99.86/cwt. Both producer and packer margins are near estimates from a year ago.
View the full Sterling Pork Profit Tracker for the week ending March 21.
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.)
