Date of this Version
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.