Swine Feeding Projections for March 8, 2021

Posted: March 10, 2021 | Written By: Derek Wulf, Form-A-Feed Nutrition and Production Specialist

Swine Feeding Projections for March 8, 2021

Changes week over week:

  • Open-market value of weaned pigs was down $7 this week at $55.14 /head and feeder pigs were up $3 at $90.21 /head
  • Carcass prices for the marketing window of pigs placed this week is $90.12 /cwt with marketing in August and September
  • Open corn price for the feeding period is $5.14/bu
  • SBM price for the week is $420 per ton
  • DDGs price for the feeding period is $229 /ton
  • Open-market weaned pig profitability is showing a loss of $1.25 per head based on purchasing a cash traded weaned pig.
  • Feeder pig profitability is showing a loss of $9.43 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