Pork producer margins declined $6.47 per head last week, leaving losses at nearly $18 per head, according to the Sterling Pork Profit Tracker.
Pork packers saw their margins improve $2.79 per head for the week, leaving per head losses at $9.77, according to Sterling Marketing, Vale, Ore.
Cattle feeding margins declined more than $53 per head last week, leaving average losses at $131 per head, according to the Sterling Beef Profit Tracker. Beef packers saw their margins improve $6 per head, leaving losses at $92 per head.
Last year cash hogs fetched $86.68 per hundredweight, resulting in profits of $15.10 per head. A year ago cattle feeders sold cash cattle at $129.06 per hundredweight, resulting in profits of $73.28 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 Feb. 15:
- Average farrow-to-finish margins: -$17.70 per head.
- Average pork packer margins: -$9.77 per head.
The Sterling Beef Profit Tracker for the week ending Feb. 16:
- Average feedyard margins: -$131.14 per head.
- Average packer margins: -$92.87 per head.
- Sterling Profit Quotient: -419.4.
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.