Swine Feeding Projections – May 18, 2020
Swine Feeding Projection 5.18.2020
Changes week over week:
- Open-market value of weaned pigs was steady this week at $7.20 /head and feeder pigs were down $4 to $19.03 /head
- Carcass prices for the marketing window of pigs placed this week is $52.97 /cwt with marketing in October and November
- Open corn price for the feeding period is $2.93 /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 $9.70 per head based on purchasing a cash traded weaned pig.
- Feeder pig profitability is showing a profit of $4.89 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 |