Pork producer margins improve, packer margins slip

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

Pork producer margins improved modestly last week, resulting in losses of $29 per hog marketed, according to the Sterling Pork Profit Tracker. Negotiated cash hog prices improved $3.85 per hundredweight last week to $80.45. Pork packer margins declined $8.24 per head for the week, resulting in losses of $8.03 per head, according to Sterling Marketing, Inc., Vale, Ore.

Cattle feeding margins improved $30 per head last week following a $1 per hundredweight increase in cash fed cattle prices. Average losses are now under $75 per head, according to the Sterling Beef Profit Tracker.

Beef packers saw their margins decline nearly $10 per head, leaving losses at $45 per head. The Sterling Beef Profit Quotient improved 90 points for the week and the industry profitability index is now negative 236.6, according to estimates developed by Sterling Marketing.

A year ago cattle feeders sold cash cattle at $121.73 per hundredweight, resulting in losses of $58.73 per head. Last year cash hogs fetched $82.96 per hundredweight, resulting in profits of $9.68 per head.

The Sterling Beef and Pork Profit Trackers are calculated using actual weekly prices for both cattle and hogs, feed costs, beef and pork cutout prices, drop credits and other factors that influence profit margins.

The Sterling Pork Profit Tracker for the week ending April 5:

  • Average farrow-to-finish margins: -$28.87 per head.
  • Average pork packer margins: -$8.03 per head.

The Sterling Beef Profit Tracker for the week ending April 6:

  • Average feedyard margins: -$74.62 per head.
  • Average packer margins: -$45.10 per head.
  • Sterling Profit Quotient: -236.6.

The Sterling Beef and Pork Profit Trackers are produced by Sterling Marketing Inc. and John Nalivka, president, Vale, Ore., and are published weekly by Drovers/CattleNetwork, and PorkNetwork.



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


Armor-StoneTM Epoxy Repair Mortar

Combining the environment tested strength of Armorcoat Epoxy with VSC’s ES Sand Blend to form a high-impact and chemical resistant, ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Generate Leads