Swine Feeding Projections – March 12, 2018

Posted: March 12, 2018 | Written By: Simon Kern, M.S.

Swine Feeding Projections – March 12, 2018

Changes week over week:

  • Open-market purchase prices were down sharply for weaned pigs (-$11.00/head) while feeder pig prices fell just slightly (-$1.02/head).
  • Predicted lean hog values were down sharply for weaned pigs placed this week as a portion will now market beyond the August market (-$6.78/cwt). July marketings also fell, though losses were moderated (-$2.90/cwt).
  • Feed costs virtually unchanged when out weight differences are accounted for: corn +$0.08/bushel, SBM -$19.50/ton, DDGS +$1.50/ton, lysine -$0.08, and fat -$0.23/cwt.
  • Contrasting market movements left open-market weaned pig profits down a modest $3/head.
  • Negative movements in the lean hogs market outweighed the slight drop in purchase price with losses pushing another $4/head further into the red.