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Pork News &Views
February 2017
For more information or to subscribe to our weekly reports or monthly Swine Budgets, email
jaydee.smith@ontario.ca2011
2012
2013
2014
2015
2016
Market Hog Value
$172.82
$168.39 $183.85 $237.53 $185.77 $177.69
Feed Costs
$118.38
$127.77 $128.21 $117.75 $115.72 $113.95
Other Variable Costs
$37.31
$37.71
$39.49
$37.80
$38.44 $40.43
Fixed Costs
$20.85
$20.85
$20.74
$21.92
$21.92 $23.76
Total Cost per Pig
$176.53
$186.33 $188.45 $177.46 $176.07 $178.14
Net Return
-$3.71
-$17.94
-$4.60
$60.07
$9.70
-$0.45
Calculated Return Over Feed Costs (Market Hog Value less Feed Costs)
$ per pig
$54.44
$40.62
$55.64 $119.79
$70.05 $63.74
Calculated Breakeven Prices
Variable Costs
$145.12
$151.93 $152.31 $136.82 $134.21 $134.50
Total Costs
$164.79
$171.31 $171.38 $156.35 $153.54 $155.47
Market Information
DressedWeight
96.28
96.85
97.92
101.01
102.04 101.98
Market Index
110.00
110.00
110.00
110.00
110.00 110.00
Market Price (100% FP)
$161.29
$154.64 $167.16 $209.88 $163.00 $163.00
Corn (FOB Huron, $/tonne)
$259.98 $259.01 $222.10 $173.80 $183.66 $181.87
Corn (W. Ont. Feed, $/tonne)
$276.39 $276.25 $237.94 $192.90 $198.19 $197.47
Soybean Meal
$411.42 $523.97 $564.72 $641.85 $528.25 $520.26
U.S. Reference Price
$90.18 $85.43 $89.65 $105.28 $70.36 $64.97
Canadian Dollar Value
$1.0110 $1.0004 $0.9711 $0.9061 $0.7837 $0.7548
Prime Interest Rate
3.00% 3.00% 3.00% 3.00% 2.71% 2.70%
Pork News & Views
Ministry of Agriculture,
Food and Rural Affairs
OMAFRA Farrow to Finish Swine Enterprise Budget - 6 Year Summary
OMAFRA Swine Budget Farrow to Finish Net Return ($/market pig, 1994-2016)
Data Source: Monthly OMAFRA Swine Budgets