Pork producer losses ease

 

Rick Jordahl, Associate Editor, Pork Network  

Updated: December 28, 2012

 

Although still mired in red ink, pork producer losses eased last week, according to calculations by Sterling Marketing, Vale, Ore.  Farrow-to-finish producers lost an average $33.81 per head for the week ending Dec. 21, compared to losses of $38.53 recorded the week before. One month ago producers were losing $41.65 per head, according to Sterling estimates.

 

Meanwhile, pork packer margins slid into negative territory for the week ending Dec. 21 registering a slight loss of 82 cents per head, after recording a positive margin of $4.27 per head the previous week.  One year ago, pork packer margins were $10.02 per head on the plus side.

 

Hog slaughter for the week ending Dec. 21 totaled 2.348 million head, up 1.9 percent from the week before and up 8.9 percent compared to the same week last year. Western Corn Belt negotiated hog prices improved slightly for the week to $82.74 per hundredweight versus $81.07 the week before.

 

Feed costs for the week ending Dec. 21 were estimated at $125.04 for hogs placed into finishing as of that date. 

 

The Sterling Pork Profit Tracker for the week ending Dec. 21:

 

    Average farrow-to-finish margins: -$33.81 per head

    Average pork packer margins: -$0.82 per head

 

Cattle feedlot losses also eased last week...

 

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