Form-A-Feed provides monthly swine feeding projections to keep you in tune with the ever-changing market conditions and how these changes come together to affect profitability. We have developed a profit analysis program called Results Driven Solutions (RDS) to assess customer profitability given a set of costs, production parameters, and market prices. We have used this on a customer specific basis to improve decision making in purchasing open market pigs as well as for determining the correct feeding program and marketing strategy. Listed below is a more broad analysis of current conditions in today's marketplace. Please contact your Form-A-Feed Representative for profit analysis specific to your operation.
Changes week over week:
- Open-market weaned and feeder pigs continued their slide (-$1.43 and -$2.21 per head, respectively)
- Predicted lean hog values were down substantially for both marketing periods (-$3.25-3.75/cwt).
- Feed costs were up modestly (+$0.60-0.90/pig): corn +$0.05/bushel, SBM +$4.00/ton, DDGS +$4.50/ton, Lysine -$0.79/cwt, and fat -$0.02/cwt.
- Lower purchase costs were insufficient to balance the deficit created by weaker lean hog values causing profit outlook to fall for both weaned and feeder pigs (-$6.00 and -$5.50 per head, respectively)