Swine Feeding Projections – May 5, 2020
Swine Feeding Projection 5.4.2020
Changes week over week:
- Open-market value of weaned pigs was up $2 this week to $5.91 /head and feeder pigs were down $2 to $16.06 /head
- Carcass prices for the marketing window of pigs placed this week is $60.11 /cwt with marketing in September and October
- Open corn price for the feeding period is $2.87 /bu
- SBM price for the week is $294 per ton
- DDGs price for the feeding period is $224 /ton
- Open-market weaned pig profitability is showing a profit of $8.07 per head based on purchasing a cash traded weaned pig.
- Feeder pig profitability is showing a profit of $25.63 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 |