1586 - 7/1/2015 08:18 Could happen? I don't know the economics of hogs. The few I do are contract. Here is a chart that just showed up this am. Do know that there is 5.25 Bil Bu penciled in for feed use and this may see a slight bump. Cheep corn you feed it. $4 doesn't change much.
The economics of feeding hogs is about break even right now.
The fall/winter months on the board with current feed costs are showing losses of $15-20/hd.
Rough figuring a hog needs 10 bushels of corn.
A dime move in the corn market is $1/hd. A dollar move in the corn market is $10/hd.
|