Swine Feeding Projections for November 9, 2020

Posted: November 9, 2020 | Written By: Derek Wulf, Form-A-Feed Nutrition and Production Specialist

Swine Feeding Projections for November 9, 2020

Changes week over week:

  • Open-market value of weaned pigs was steady this week at $35.90 /head and feeder pigs were up $2 at $49.72 /head.
  • Carcass prices for the marketing window of pigs placed this week is $78.47 /cwt with marketing in April and May.
  • Open corn price for the feeding period is $3.97/bu.
  • SBM price for the week is $378 per ton.
  • DDGs price for the feeding period is $175 /ton.
  • Open-market weaned pig profitability is showing a loss of $4.25 per head based on purchasing a cash traded weaned pig.
  • Feeder pig profitability is showing a loss of $10.79 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