Swine Feeding Projections – July 30, 2018

Posted: July 30, 2018

swine projections

Swine Feeding Projections – July 30, 2018

Changes week over week:

  • Open-market value of weaned pigs firmed slightly (+$1.11/head) while feeder pig values tumbled (-$10.55/head).
  • Expected lean hog values rebounded for both December/January and November/December marketings (+$1.20 and +$0.82/cwt, respectively).
  • Feed costs +$1.50-1.75 per head: corn +$0.13/bushel, SBM +$9.00/ton, DDGS +$5.00/ton, lysine -$0.20/cwt, and fat -$0.17/cwt.
  • Open-market weaned pig profitability remained relatively unchanged with losses in the $17-18 range.
  • Feeder pig profitability took a major step forward (+$10.00-11.00/head), but remain deep in the red with losses of $14-15 per head.

With recent swings in ingredient prices and seasonally low lean hog values, there is limited economic incentive to feed high nutrient density diets beyond this summer. Producer/system dependent factors outside these example scenarios need to be considered in this regard.