Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 10/5/18

Corn and soybean prices have weakened considerably since late May.  Using USDA-NASS corn and soybean prices for Indiana, corn prices declined from $3.92 to $3.54 per bushel from May to August while soybean prices declined from $10.50 to $8.85 per bushel during the same period.  What do these price declines imply about swine finishing feed costs for the rest of 2018 and for 2019? This article examines trends in feed costs as well as the impact of corn and soybean meal prices on swine finishing feed costs.  It is important to note that the swine finishing enterprise represented in this article assumes the finishing of an early-weaned pig.  

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