Weaner Pig Breakeven Price Drops to $14.68, Cash Prices Also Fall
NutriQuest Business Solutions has released its latest weaner pig profitability calculations. As of August 21, the all-in breakeven price for a weaner pig was $14.68, down $1.89 from last week.
The calculation takes into account industry representative production costs and futures pricing for lean hogs, corn, and soybean meal. It also assumes historical basis assumptions to establish approximate profitability and break-even pricing for the current sale or purchase of weaner pigs.
For producers with empty space, the maximum price a buyer could pay for a weaner pig and breakeven is $40.79, which represents the margin over variable costs.
Cash-traded weaner pig volume was below average this week, with 65,322 head reported. The cash price was $46.04, down $1.87 from last week.