Swine Feeding Projections – October 23, 2017

Posted: October 23, 2017 | Written By: Simon Kern, M.S.

chomp

October 23, 2017 Hog Feeding Projections

Swine Feeding Projections changes week over week:

  • Open-market purchase prices were stronger for both weaned and feeder pigs (+$3.55 and +$4.64 per head, respectively)
  • Predicted lean hog values were up moderately for both March/April (+$2.26/cwt) and February/March marketings (+$1.62/cwt).
  • Feed costs +$0.20-0.50 per head: corn +$0.05/bushel, SBM -$9.50/ton, DDGS +$4.00/ton, lysine +$0.10/cwt, and fat -$1.10/cwt.
  • The open-market weaned pig profit outlook held mostly steady (+$0.00-1.00/head), and remains solidly in the black.
  • Feeder pig profitability took a small step backward (-$1.50-2.00/head), but the opportunity for substantial profit remains.

Subscribe to our blog