Pork producer margins declined $3.42 per head, with margins now a positive $21.26 per hog marketed, according to the Sterling Pork Profit Tracker. Negotiated cash hog prices declined $0.55 per hundredweight last week to $101.49. Pork packer margins gained $7.78 per head for the week, resulting in profits $9.85 per head, according to estimates developed by Sterling Marketing Inc., Vale, Ore.
The Pork Profit Trackers is 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 June 28:
- Average farrow-to-finish margins: $21.26 per head.
- Average pork packer margins: $9.85 per head.
The Pork Profit Tracker is produced by Sterling Marketing Inc. and John Nalivka, president, Vale, Ore., and is published weekly by PorkNetwork.