Swine Feeding Projections – January 20, 2020
Swine Feeding Projection 1.20.2020
Changes week over week:
- Open-market value of weaned pigs and feeder pigs were steady this week at $56.37 and $65.91 respectively.
- Carcass prices for the marketing window of pigs placed this week is $87.49 /cwt with marketing in June and July.
- Open corn price for the feeding period is $4.13 /bu.
- SBM price for the week is $287 per ton.
- DDGs price for the feeding period is $154 /ton.
- Open-market weaned pig profitability is showing a profit of $6.39 per head based on purchasing a cash traded weaned pig.
- Feeder pig profitability is showing a profit of $10.96 per head based on purchasing a cash traded feeder pig.