Cash Feeder Pig Prices Average $92.74, Up $7.29 Last Week

When you consider that today’s purchased weaner would be sold in September 2024 using October 2024 futures, the weaner breakeven was $67.50, down $18.87 for the week.

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 March 8 and assumes CME Lean Hog Index cost and historical basis assumptions.

When you consider that today’s purchased weaner would be sold in September 2024 using October 2024 futures, the weaner breakeven was $67.50, down $18.87 for the week. Feed costs were up $2.02 per head, and October futures increased $0.28 compared to last week’s futures, while historical basis is declined from last week by $8.30 per cwt.