Margins across the pork complex last week were little changed from the prior week. Pork packer margins improved slightly last week to average an estimated $2.95/head while farrow-to-finish producer margins averaged an estimated $80.53/head.
The W. Corn Belt Negotiated Lean Carcass Value averaged $105.54/cwt. compared to $106.11/cwt. the prior week. Plant utilization remained high at 95% last week with the week’s market hog kill at 2,466,750 head.
View the full Sterling Pork Profit Tracker for the week ending Sept. 27.
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.)
