Swine Feeding Projections for June 8, 2020
Swine Feeding Projections 6.08.2020
Changes week over week:
- Open-market value of weaned pigs was lower by $2 this week at $5.11 /head and feeder pigs were down $3 to $14.65 /head.
- Carcass prices for the marketing window of pigs placed this week is $54.50 /cwt with marketing in November and December.
- Open corn price for the feeding period is $3.17 /bu.
- SBM price for the week is $287 per ton.
- DDGs price for the feeding period is $157 /ton.
- Open-market weaned pig profitability is showing a loss of $4.28 per head based on purchasing a cash traded weaned pig.
- Feeder pig profitability is showing a profit of $6.99 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 $2.50/bu | Corn $2.75/bu | Corn $3.00/bu | Corn $3.25/bu | Corn $3.50/bu |
SBM $250/ton | $159 | $164 | $170 | $175 | $181 |
SBM $275/ton | $169 | $174 | $180 | $185 | $191 |
SBM $300/ton | $179 | $184 | $190 | $195 | $201 |
SBM $325/ton | $189 | $194 | $200 | $205 | $211 |
SBM $350/ton | $199 | $204 | $210 | $215 | $221 |