Swine Feeding Projections – November 30, 2020

Posted: December 1, 2020

Swine Feeding Projections for November 30, 2020

Changes week over week:

  • Open-market value of weaned pigs was up $4 this week at $40.88 /head and feeder pigs were steady at $50.00 /head
  • Carcass prices for the marketing window of pigs placed this week is $81.48 /cwt with marketing in April and May
  • Open corn price for the feeding period is $4.18/bu
  • SBM price for the week is $389 per ton
  • DDGs price for the feeding period is $179 /ton
  • Open-market weaned pig profitability is showing a loss of $5.13 per head based on purchasing a cash traded weaned pig.
  • Feeder pig profitability is showing a loss of $11.24 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 $3.25/bu Corn $3.50/bu Corn $3.75/bu Corn $4.00/bu
SBM $250/ton $190 $195 $201 $206 $211
SBM $275/ton $200 $205 $211 $216 $221
SBM $300/ton $210 $215 $221 $226 $230
SBM $325/ton $220 $225 $230 $235 $240
SBM $350/ton $230 $234 $239 $244 $249