Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 12/3/21


Corn prices and soybean prices were very volatile in 2021.  The average corn price in Indiana was $4.32 per bushel in January, increased to $6.32 in June, and will likely be around $5.50 at the end of the year.  Average soybean meal prices peaked in January at approximately $440 per ton and will likely be around $350 at the end of the year.  Given the uncertainty related to supply and demand, feed prices are likely to remain volatile during the 21/22 marketing year.  This article examines trends in feed costs as well as the impact of corn and soybean meal prices on feed costs for farrow-to-finish and swine finishing operations.
It is important to note that the swine finishing enterprise represented in this article assumes the finishing of an early-weaned pig.  The rations for the farrow-to-finish and swine finishing enterprises consist of corn, soybean meal, dry distillers’ grain, and supplements.  

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