Swine Feeding Projections for April 20, 2021
Posted: April 21, 2021 | Written By: Derek Wulf, Form-A-Feed Nutrition and Production Specialist
Swine Feeding Projections for April 20, 2021
Changes week over week:
- Open-market value of weaned pigs were steady this week at $53.33 /head and feeder pigs were up $2 at $101.31 /head
- Carcass prices for the marketing window of pigs placed this week is $85.70 /cwt with marketing in September and October
- Open corn price for the feeding period is $5.50/bu
- SBM price for the week is $395 per ton
- DDGs price for the feeding period is $212 /ton
- Open-market weaned pig profitability is showing a loss of $13.70 per head based on purchasing a cash traded weaned pig.
- Feeder pig profitability is showing a loss of $22.67 per head based on purchasing a cash traded feeder pig.
Below is the DDG’s breakeven chart. It can be utilized to reference current corn and soybean meal prices as a quick evaluation to the value of DDG’s inclusion in these volatile market conditions.
| Price | Corn $3.00/bu | Corn $3.50/bu | Corn $4.00/bu | Corn $4.50/bu | Corn $5.00/bu |
| SBM $325/ton | $201 | $212 | $223 | $233 | $244 |
| SBM $350/ton | $211 | $222 | $233 | $243 | $254 |
| SBM $375/ton | $221 | $232 | $243 | $253 | $264 |
| SBM $400/ton | $231 | $242 | $253 | $264 | $274 |
| SBM $425/ton | $241 | $252 | $263 | $274 | $284 |