In January, pork packer margins fell below $10 per head and by February the spread narrowed even further to $5 per head, a value not seen since the mid-1990’s.
http://www.porkmag.com/directories.asp?pgID=675&ed_id=7761
USA - Pork packer margins deteriorate
This has been a tough year for meat-packer margins, especially in the pork sector, according to the Livestock Marketing Information Center. LMIC notes that packer margins have suffered dramatically this year, averaging less than half of those posted in 2008.
In January, pork packer margins fell below $10 per head and by February the spread narrowed even further to $5 per head, a value not seen since the mid-1990’s.
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