With Lean Carcass Values continuing to gain and averaging $106.16/cwt last week, farrow-to-finish margins posted an average margin of $78.66/head and nearly $9/head over the previous week.
As with the beef industry, pork processors benefited from sales going into Father’s Day weekend with the Pork Cutout averaging $113.36/cwt., up nearly $6/cwt from the previous week.
Pork packer/processor margins returned thinly into black ink ($3.84/head).
View the full Sterling Pork Profit Tracker for the week ending June 14.
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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