Swine Feeding Projections for September 28, 2020

Posted: September 28, 2020

Swine Feeding Projections for September 28, 2020

Changes week over week:

  • Open-market value of weaned pigs was higher $2 this week at $27.26 /head and feeder pigs were up $7 to $41.47 /head
  • Carcass prices for the marketing window of pigs placed this week is $72.90 /cwt with marketing in February and March
  • Open corn price for the feeding period is $3.40 /bu
  • SBM price for the week is $324 per ton
  • DDGs price for the feeding period is $157 /ton
  • Open-market weaned pig profitability is showing a profit of $5.32 per head based on purchasing a cash traded weaned pig.
  • Feeder pig profitability is showing a profit of $7.24 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 $2.50/bu Corn $2.75/bu Corn $3.00/bu Corn $3.25/bu Corn $3.50/bu
SBM $250/ton $159 $164 $170 $175 $181
SBM $275/ton $169 $174 $180 $185 $191
SBM $300/ton $179 $184 $190 $195 $201
SBM $325/ton $189 $194 $200 $205 $211
SBM $350/ton $199 $204 $210 $215 $221