Farrow-to-finish margins continued to slip further last week with Sterling’s estimated margin at $43.46/head compared to $46.88/head a week earlier and $76.68/head a year ago.
Last week, the W. Cornbelt Lean Carcass Value averaged $89.51/cwt. compared to $104.84/cwt. a year ago.
On the packer side, Sterling’s estimated margin was $2.17/head compared to $8.73/head a year ago with the pork cutout averaging $95.03/cwt. last week compared to $114.51/cwt. a year ago.
View the full Sterling Pork Profit Tracker for the week ending Sept. 5.
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.)
