Supported by a stronger lean carcass value averaging $99.11/cwt for the week and low feed costs, farrow-to-finish operators continued to see strong returns with margins last week averaging $63/head.
Packers remain near breakeven with the stronger lean carcass value offsetting a stronger Pork Cutout Value.
Last week’s Pork Cutout averaged $104.49/cwt compared to $100.68/cwt the prior week.
View the full Sterling Pork Profit Tracker for the week ending May 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.)
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