Swine Feeding Projections – April 1, 2019

Posted: April 1, 2019

chomp

Swine Feeding Projections 4.1.19

Changes week over week:

  • Open-market value of weaned pigs and feeder pigs were both up $7-$8 per head from last week on steady demand.
  • Lean hog prices were lower across all months after much volatility in the last two weeks due to news on ASF in China.
  • Open corn prices for the feeding period was down $0.02 per bushel while SBM was up $10 per ton
  • A weaned pig purchased on the open market is showing a loss of $8 per head based on marketing into the October futures.
  • Feeder pig profitability is showing a loss of $12 per head based on switching to the fall futures.