Rising Feed Costs Cause Higher Weaner Breakeven Price
Feed costs were up $2.03 per head last week, which moved the needle on the weaner breakeven to $25.89 for last week. Lower feeder pig volume caused a bump in feeder pig prices to $26.76.
View ArticleWestphalen: Breakeven Prices to Produce Weaner Pigs Creep Up
February futures increased $2.00 compared to last week’s February futures used for the crush, and historical basis is improved from last week by $1.94 per cwt. Feed costs went up $1.86 from last week,...
View ArticleWestphalen: Futures Prices Down; Breakevens are Lower
Looking at hog sales in January 2018 using February 2018 futures the weaner breakeven was $28.35, down $3.75 for the week. Feed costs were down, too, by $1.82 per head compared to the previous week.
View ArticleWestphalen: Weaner and Feeder Pig Market Insights
Last week, the weaner breakeven was $33.07, down $0.81 for the week, feed costs were down $0.76 per head, and cash-traded weaner pig volume was above average. Read more here.
View ArticleWestphalen: Prices Higher on Weaners; Lower on Feeder Pigs Last Week
Cash prices on weaner pigs last week averaged $20.57, up $1.53 from a week ago. The low to high range was $15 - $30. Cash-traded feeder pigs were $40.92, down $4.79 per head from the previous week.
View ArticleWestphalen: Big Difference Between Feb and April Futures Used for Crush
April futures increased $2.03 compared to last week’s February futures used for the crush and historical basis is declined from last week by $3.47 per cwt. See what that means for feeder and weaner pig...
View ArticleWestphalen: Weaner Breakeven and Feed Costs Both Lower
Breakeven prices for weaner pigs were $37.84 for the week of August 21, and feed costs were down $1.29 per head also. Read more about feeder and weaner prices in this week’s report.
View ArticleWeaner Breakeven Unchanged, Volume Lower
Looking at hog sales in March 2018 using April 2018 futures the weaner breakeven was $37.92, up $0.09 for the week. Feed costs were up $0.12 per head.
View ArticleWestphalen: Weaner Pig Profitability on Upward Trend
The estimated weaner pig profit compares the weaner pig cash price to the weaner breakeven. The profit potential increased $4.03 this week to a projected gain of $22.62 per head.
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