Swine Feeding Projections – April 2, 2018

Posted: April 2, 2018 | Written By: Simon Kern, M.S.

VSS G/F

Swine Feeding Projections – April 2, 2018

Changes over the previous two weeks:

  • Open-market purchase prices were down modestly for both weaned and feeder pigs (-$2.16 and -$1.14/head, respectively)
  • Modest gains in predicted lean hog values for both the August/September and July/August markets (+$1.00 and +$2.05/cwt, respectively).
  • Feed costs +$1.35-1.45 per head: corn +$0.16/bushel, SBM +$8.00/ton, DDGS +$0.75/ton, lysine -$0.41, and fat +$0.13/cwt.
  • Open-market weaned pig profitability bounced back (+$3/head), but remains deeply in the red with losses near $20/head.
  • Feeder pig profitability carried forth its upward trajectory (+$4/head), but losses near $10/head persist.