You're reading it correct.


A 270 lb live hog with a 200 lb carcass would bring home $114.68 before any premiums or discounts.


That price loses somewhere around $10-12 per head for a farrow to finish operation.


Meanwhile the packers are making ~$46 on that same hog, for owning it approximately 48 hrs.    

20,000 hd/day plant is printing ~$920,000 in profits/day