While beef packers saw their margin turn positive, pork packers realized just the opposite with the average pork packer market last week at — $10.28/head with the pork cutout losing nearly $8/cwt to average $112.16/cwt.
At the same time, the Lean Carcass Value averaged $111.52/cwt, a week over week gain of nearly $2/cwt. Farrow to finish margins remained strong averaging an estimated $89 per head last week and double a year earlier.
View the full Sterling Pork Profit Tracker for the week ending July 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.)
