Farrow-to-finish margins surpass $101 per head

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

In the hog markets, farrow-to-finish margins increased last week to $101.44 from $91.24 the previous week, according to the Sterling Pork Profit Tracker. At this time last year, the farrow-to-finish margin was $21.26 per head. Lean hogs climbed more than $6 last week to $127.22, compared to $121.30. Lean hogs are up nearly $30 from this time last year when they were at $101.49.

Pork packer margins declined last week to negative 18 cents compared to $3.87 the previous week. Last month, pork packers were making $3.22 per head and $9.70 per head at this time last year. The pork cutout value increased to $129.72 last week, compared to $125.81 the previous week.

Cattle feeding margins exploded the week before the Fourth of July holiday. Feedlot margins hit $280.08 to finish the week ending June 28, compared to $194.24 the previous week, $164.85 last month and negative $162.65 at this time last year, according to the latest data from the Sterling Beef Profit Tracker. Beef packer margins were also up the week ending June 28, hitting $49.12 per head, compared to $23.60 the previous week.

Fed cattle climbed more than $5 per hundredweight to $154.46, compared to $149.09. Last year at this time, fed cattle were trading at just shy of $120. Feeder steers dropped slightly, from $208.22 the week ending June 21 to $207.85 last week. At this time last year, feeder steers weighing 700-800 pounds were bringing $139.11. The breakeven price for last week’s placements was $160.51, down from $161.21 the previous week.

The Sterling Beef Profit Tracker for the week ending June28:

  • Average feeder margins: $280.08 per head.
  • Average beef packer margins: $49.12 per head.

The Sterling Pork Profit Tracker for the week ending June 27:                                          

  • Average farrow-to-finish margins: $101.44 per head.
  • Average pork packer margins: -$0.18 per head.

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


Total Nutrition

In today’s swine industry, the efficient use of supplemented energy is paramount. This is not only important in performance but ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Generate Leads