Agricultural Economics Department

 

Cornhusker Economics

Date of this Version

April 2007

Document Type

Article

Comments

Published in Cornhusker Economics, 04/11/2007. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

Pork producers have enjoyed several years of profitable production. In 2002 we began keeping data on estimated breakeven cost and potential profits. Our data is based on an updated production budget for an efficient 1,200 sow farrow to finish unit. Corn and soybean meal costs are taken from the Chicago Board of Trade futures prices, to stay current with changing feed costs. For Nebraska feed costs, soybean meal is valued at the current board price and corn is valued at the board price plus a negative 30 cent basis.

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