Swine Feeding Projections – May 11, 2020

Posted: May 11, 2020 | Written By: Derek Wulf, Form-A-Feed Nutrition and Production Specialist

Swine Feeding Projection 5.11.2020

Changes week over week:

  • Open-market value of weaned pigs was up $1 this week to $7.04 /head and feeder pigs were up $6 to $22.65 /head
  • Carcass prices for the marketing window of pigs placed this week is $54.05 /cwt with marketing in October and November
  • Open corn price for the feeding period is $2.94 /bu
  • SBM price for the week is $296 per ton
  • DDGs price for the feeding period is $180 /ton
  • Open-market weaned pig profitability is showing a loss of $7.41 per head based on purchasing a cash traded weaned pig.
  • Feeder pig profitability is showing a profit of $5.68 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 $158 $164 $170 $176 $183
SBM $275/ton $168 $173 $179 $185 $191
SBM $300/ton $178 $183 $189 $194 $200
SBM $325/ton $188 $193 $199 $204 $210
SBM $350/ton $198 $203 $209 $214 $220