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