Better Pork - 2016 December

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28 December 2016
Pork News & Views
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2016 Ontario Hog Market Summary
1st 6 mo. Jul '16 Aug '16 Sept '16 Oct ‘16
100% Formula Price ($/ckg, 100 index) $164.41 $189.66 $160.74 $147.55 $126.19
* Same Month - Previous year $157.87 $182.42 $187.21 $175.38 $174.49
Average price ($/ckg, DW total value) $192.67 $221.37 $191.22 $178.66 $158.13
Low price ($/ckg, DW total value) $171.69 $201.16 $172.03 $156.89 $132.66
High price ($/ckg, DW total value) $220.58 $244.20 $219.99 $219.84 $208.82
Ontario Market Hog Sales 2,485,555 446,643 364,853 489,644 401,107
* % Change Same Month -
Previous Year
0.00% -4.50% 0.32% 4.48% 8.00%
Average Carcass Weight (kg) 102.75 100.56 100.44 100.81 102.35
Weaned Pigs ( $/pig, 5 kg.)**Formula $42.75 $49.31 $41.77 $38.36 $32.81
Feeder Pigs ($/pig, 25 kg)**Formula $67.82 $78.24 $66.27 $60.87 $52.05
Value of Canadian Dollar (US$) $0.7516 $0.7665 $0.7701 $0.7634 $0.7549
* Same Month - Previous year $0.8102 $0.7804 $0.7610 $0.7549 $0.7630
Prime Interest Rate at End of Month 2.70% 2.70% 2.70% 2.70% 2.70%
Corn (farm price) - $/tonne $187.94 $179.69 $177.90 $173.93 $176.97
* Same Month - Previous year $179.50 $191.53 $178.14 $199.72 $188.44
Soybean Meal (Hamilton + $20/tonne) $514.08 $586.37 $538.70 $501.58 $493.77
* Same Month - Previous year $533.85 $576.13 $552.10 $515.06 $510.53
Corn - Western Ontario Feed - $/tonne $201.70 $193.90 $195.18 $189.21 $191.80
* Same Month - Previous year $191.23 $204.87 $200.91 $224.58 $203.15
DDGS FOB Chatham/Sarnia/Alymer
($/tonne)
$213.12 $228.30 $183.63 $180.50 $195.50
* Same Month - Previous year $244.94 $205.60 $212.50 $213.80 $205.96
Summary of OMAFRA Swine Budget ($/pig, Farrow to Finish)
Value of Market Hog $189.48 $213.89 $181.37 $167.26 $145.49
Feed Cost $113.78 $114.94 $116.00 $115.37 $114.51
Other Variable Costs $40.31 $40.32 $40.55 $40.79 $40.65
Fixed Costs $23.76 $23.76 $23.76 $23.76 $23.76
Total Costs $177.85 $179.02 $180.31 180.12 $178.93
Net Return $11.63 $34.87 $1.06 -$12.86 -$33.44
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