In this file:
· Cash Feeder Pig Prices Average $68.80, Up $1.42 Last Week
Looking at hog sales in July using July futures, the weaner breakeven was $55.26, up $1.30 for the week…
· National Direct Feeder Pig Report
Early weaned pigs 2.00 per head higher. All feeder pigs 1.00 per head higher.
Cash Feeder Pig Prices Average $68.80, Up $1.42 Last Week
By Jennifer Brown, NutriQuest
via FarmJournal's Pork - January 8, 2021
Looking at hog sales in July using July futures, the weaner breakeven was $55.26, up $1.30 for the week. Feed costs were up $1.83 per head. July futures increased $1.55 compared to last week’s July futures used for the crush and historical basis is unchanged from last week. Breakeven prices are based on closing futures prices on January 8. The breakeven price is the estimated maximum you could pay for a weaner pig and breakeven when selling the finished hog.
Note that the weaner pig profitability calculations provide weekly insight into the relative value of pigs based on assumptions that may not be reflective of your individual situation. In addition, these calculations do not consider market supply and demand dynamics for weaner pigs and space availability.
From the National Direct Delivered Feeder Pig Report
Cash-traded weaner pig volume was above average this week with 55,293 head being reported which is 106% of the 52-week average. Cash prices were $57.56, up $2.52 from a week ago. The low to high range was $37.00 - $65.00. Formula priced weaners were up $0.33 this week at $45.73.
Cash-traded feeder pig reported volume was above average with 14,375 head reported. Cash feeder pig reported prices were $68.80, up $1.42 per head from last week...
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National Direct Feeder Pig Report
Weekly feeder pig price summary for week ending 1/8/2021
USDA AMS Livestock, Poultry & Grain Market News
Jan 8, 2021
Compared to last week: Early weaned pigs 2.00 per head higher. All feeder pigs 1.00 per head higher. Demand good to moderate for light offering. Receipts include 45% formulated prices.
more, including maps, tables (pdf)