Cash Weaner Pig Prices Average $11.28, Up $0.99 Last Week

Aug 14, 2023

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 Aug. 11.

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 Aug. 11 and assumes CME Lean Hog Index cost and historical basis assumptions.

When you consider that today’s purchased weaner would be sold in February 2024 using February 2024 futures, the weaner breakeven was $36.74, up $0.07 for the week. Feed costs were down $1.44 per head, and February futures decreased $0.65 compared to last week’s futures, while historical basis is unchanged from last week.

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Video: How We Pick Sheep For Use As Breeding Stock

In this episode of our sheep farming vlog at Ewetopia Farms, we’re diving deeper into one of the most important parts of raising purebred sheep — selecting our breeding stock. ?? This episode is a direct follow-up to our popular video “You Be The Judge,” where we invited viewers to help evaluate our rams. We read through your comments, shared your insights, and now we’re responding! Arnie and I go over what we agreed with, where our opinions differed, and what we look for when choosing both rams and ewes to carry on our genetics. Breeding decisions at Ewetopia Farms aren’t just about looks — they’re about structure, performance, temperament, and the future of the flock. Whether you’re building your own breeding program or just curious how we make these decisions, today’s discussion offers a rare look inside the thought process behind improving a flock year after year.