Looking at hog sales in May 2017 using June 2017 futures the weaner breakeven was $51.34, up $7.11 for the week. Feed costs were up $0.93 per head. June futures increased $4.13 compared to last week’s May futures used for the crush and the basis decreased $0.19 from last week’s crush. Breakeven prices are based on closing futures prices on November 18, 2016. The breakeven price is the estimated maximum you could pay for a weaner pig and breakeven when selling the finished hog.
This market update is a Pork Network weekly column reporting trends in weaner pig prices and swine facility availability. All information contained in this update is for the week ended November 18, 2016.
Westphalen: Weaner Pig Prices Continue to Rise