The pork industry’s financial picture last week remained about unchanged from the prior week with Sterling’s estimate for pork packer margins showing a weekly average at -$12.62/head while farrow-to-finish operations posted a weekly average margin of $67.16/head.
The Pork Cutout averaged $95.59/cwt. while the W. Cornbelt Lean Carcass Value $96.85/cwt. for the week.
View the full Sterling Pork Profit Tracker for the week ending June 20.
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.)
