Swine Feeding Projections for March 15, 2021
Posted: March 17, 2021 | Written By: Derek Wulf, Form-A-Feed Nutrition and Production Specialist
Swine Feeding Projections for March 15, 2021
Changes week over week:
- Open-market value of weaned pigs was up $1 this week at $56.58 /head and feeder pigs were steady at $90.38 /head
- Carcass prices for the marketing window of pigs placed this week is $92.53 /cwt with marketing in June and July
- Open corn price for the feeding period is $5.13/bu
- SBM price for the week is $416 per ton
- DDGs price for the feeding period is $229 /ton
- Open-market weaned pig profitability is showing a profit of $2.45 per head based on purchasing a cash traded weaned pig.
- Feeder pig profitability is showing a loss of $1.48 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 |