Farms.com Home   News

Cash Feeder Pig Prices Average $42.22, Up $0.75 Last Week

This market update is a PorkBusiness.com weekly column reporting trends in weaner pigs. All information contained in this update is for the week ended May 19. 

NutriQuest Business Solutions publishes weekly weaner pig profitability calculations which uses industry representative production costs and futures pricing for lean hogs, corn and soybean meal, using historical basis assumptions, to establish approximate profitability and break-even pricing for the current sale or purchase of weaner pigs. Prices are based on closing futures prices on May 19 and assumes CME Lean Hog Index cost and historical basis assumptions.

When you consider that today’s purchased weaner would be sold in November 2023 using December 2023 futures, the weaner breakeven was $15.51, down $6.85 for the week. Feed costs were down $7.90 per head, and December futures decreased $2.45 compared to last week’s futures, while historical basis is declined from last week by $4.57 per cwt.

Click here to see more...

Trending Video

Iowa Swine Day 2023: A European Perspective on Reducing Environmental Footprint of Pork Production

Video: Iowa Swine Day 2023: A European Perspective on Reducing Environmental Footprint of Pork Production

Shane McAuliffe, McAuliffe Pig Farms & Munster Technological University, Kerry, Ireland Societal and legislative pressures have driven the sustainability of pork production in Europe. Shane will take a look at these changes in more detail.