Farrow-to-finish margins improved substantially to average $41/head as estimated by Sterling and this compares to $33/head the prior week and $7.84/head a month ago.
Breakeven prices for hogs placed on the finishing floor last week averaged $64/cwt. against $67/cwt. for hogs marketed last week. Packers continue to see margins shrink according to Sterling estimates with last week at $9.64/head. Sterling showed the prior week’s packer margin at $14.10/head and $42/head a month ago.
View the full Sterling Pork Profit Tracker for the week ending Jan. 31
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.)
