Casey Westphalen, NutriQuest
Recent Stories by Casey Westphalen, NutriQuest
Weaner Pig Breakeven Sees a $6/Head Decrease
Jun 22, 2018 by Casey Westphalen, NutriQuest
The historical lean hog basis for the second half of December caused a $6 per head decrease in weaner pig breakeven.
Westphalen: Weaner Breakeven Improves $8/Head
Jun 10, 2018 by Casey Westphalen, NutriQuest
The weaner and feeder pig market insight for last week showed an improved weaner pig breakeven, with a change from the previous week of $8.10. Volume also was higher.
Cash Feeder Pig Reported Prices Were $49.06 Per Head Last Week
Jun 02, 2018 by Casey Westphalen, NutriQuest
Feeder pig prices were slightly higher last week, but the profit potential for weaner pigs decreased $0.72 for the week, to a projected loss of $19.43 per head.
Trio of Negative Prices Causes Weaner Pig Breakeven to Plummet
May 04, 2018 by Casey Westphalen, NutriQuest
Negative prices for futures, basis and feed for the first week of May caused a plummet of weaner pig breakeven to $14 per head.
Westphalen: Weaner Pig Breakeven Drops $1.23 per Head
Apr 23, 2018 by Casey Westphalen, NutriQuest
The weaner breakeven was $34.68, down $1.23 for the week. Feed costs were down $0.51 per head. Breakeven prices are based on closing futures prices on April 20, 2018.
USDA Cash Weaner Price Down $2 per Head; Formula Weaner Price Down $1
Apr 02, 2018 by Casey Westphalen, NutriQuest
Looking at hog sales in September 2018 using October 2018 futures the weaner breakeven was $30.37, down $0.04 for the week. Feed costs were up $1.29 per head.
Weaner Pig Breakeven Continuing Seasonal Trend to $30
Mar 26, 2018 by Casey Westphalen, NutriQuest
Looking at hog sales in September 2018 using October 2018 futures, the weaner breakeven was $30.41, down $12.25 for the week of March 19.
Weaner Pig Breakeven Improves with $2 Increase in October 2018 Futures
Mar 19, 2018 by Casey Westphalen, NutriQuest
Looking at hog sales in September 2018 using October 2018 futures, the weaner breakeven was $42.66, up $4.80 for the week. Feed costs were down $0.51 per head.
Weaner Pig Breakeven Falls $10/Head
Mar 12, 2018 by Casey Westphalen, NutriQuest
The breakeven for weaner pigs fell $10.48 last week - that's after falling $6.00 per head the week before.
Weaned Pig Breakeven Falls to $48
Mar 03, 2018 by Casey Westphalen, NutriQuest
Decline in October futures combined with an increase in both corn and soybean meal futures pulled the weaner pig breakeven down more than $6 per head last week.
Westphalen: Cash Weaner Pigs Down $2 from Last Week
Feb 26, 2018 by Casey Westphalen, NutriQuest
At $66.09 per head, this week’s USDA reported cash weaner pig price decrease is mirroring the beginning of the historical seasonal drop.
More Than a $17 Per Head Drop in Weaner Pig Breakeven Price
Feb 19, 2018 by Casey Westphalen, NutriQuest
The spread between August 2018 futures and October 2018 futures (and taking into account basis change), caused about $16 of the $17 per head decrease in the weaner pig breakeven prices last week.
Westphalen: $7 Drop in Weaner Breakevens
Feb 09, 2018 by Casey Westphalen, NutriQuest
Looking at hog sales in August 2018 using August 2018 futures the weaner breakeven was $69.34, down $7.02 for the week. Feed costs were up just $0.26 per head but futures decreased $3.28 compared to the previous week.
Cash-Traded Weaner Pig Volume Much Higher Last Week
Feb 05, 2018 by Casey Westphalen, NutriQuest
Cash-traded weaner pig volume was above average last week, with 47,689 head being reported. This is 144% of the 52-week average. Cash prices were $71.62, up $0.36 from a week ago.
Westphalen: Big Drop in Weaner Breakevens Last Week
Jan 29, 2018 by Casey Westphalen, NutriQuest
The estimated weaner pig breakeven for last week was $76.70, $3.70 less than the previous week. August futures decreased $1.53, while feed costs were up $0.54 per head. Cash feeder pig prices also were higher.