Posted 5/15/2019 21:01 (#7499100 - in reply to #7499081) Subject: RE: Reuters Said MFP Committed to Hogs, Soy
sw illinois
In my area meaning cost of corn I can put a hog out the door for $130 more or less. The guy who doesn’t rent a building can save $10 and if you own the sows and the sow farm is efficient you can save another $8 or $10 so that person is down to 110 or 112 per pig but that’s if everything is hitting on all cylinders.
That $80 to $90 is carcass price so a 280 live hog puts out a 210 lb carcass but that 80 has a 8 to 10 dollar basis or it did, its better into June so let’s say
.75 times 210 gives you $157.5 so right now I’m making $27 per head but we lost that much or more (on average) from the first week in August 2018 until the end of February 2019.
Reuters Said MFP Committed to Hogs, Soy
