Swine Feeding Projections – March 11, 2019

Posted: March 12, 2019

feeder pigs

Swine feeding projections 3.11.19

Changes week over week:

  • Open-market value of weaned pigs were down by $2 per head at $45.82.
  • Feeder pigs were steady for the week at $69.65.
  • Lean hog prices continue to trend lower as we move to marketing in the later summer/early fall months.
  • Open corn prices for the feeding period were steady while SBM was up $10 per ton.
  • Open-market weaned pig profitability is showing a loss of $5 per head based on purchasing a cash traded weaned pig.
  • Feeder pig profitability is showing a profit of $6 per head based on purchasing a cash traded feeder pig before switching to the fall futures.