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.
American consumers are snapping up plentiful low-cost pork, but U.S. farmers are worried that trade spats with key export markets in China, Mexico and Canada could hurt a lucrative part of their pork business.
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.