Swine Feeding Projections – January 7, 2019
Changes week over week:
- Open-market value of weaned pigs decreased (-2.00/head), while feeder pig values were up (+$2.00/head).
- Corn and Soybean meal prices continue to trend up slowly with corn up $0.08 over the last two holiday trading weeks.
- Open-market weaned pig profitability of $3 losses per head are projected.
- Feeder pig profitability is projecting a loss of $4.62 per head with pigs marketing at the end of April and into June.