The pork industry saw mixed margin results following Thanksgiving week with packers holding steady with the prior week with Sterling’s estimated margin at $38.18/head while farrow-to-finish operations saw an estimated gain of $3/head from the prior week and averaging $12.84/head for the week.
The weighted average W. Cornbelt Lean Carcass Value price was at $71.84/cwt. for the week and $1/cwt. higher than the prior week while the Pork Cutout Value averaged $94.55/cwt. for the week against $93.63/cwt. a week earlier.
Plants utilized full capacity as estimated by Sterling.
View the full Sterling Pork Profit Tracker for the week ending Dec. 6.
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.)
