Pork packer margins showed a positive gain to average an estimated of $8.27/head (Sterling). The Pork Cutout averaged $114.51/cwt. compared to $112.94/cwt. the prior week while the Lean Carcass Price was weaker and averaging $104.84/cwt. for the week compared to $107.75/cwt. the prior week.
Consequently, farrow-finish margins were somewhat weaker and averaged an estimated (Sterling) $75.59/head compared to $81.69/head the prior week.
View the full Sterling Pork Profit Tracker for the week ending Sept. 6.
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.)
