I did some figurin’ on hog feed prices. I like to do this every year. The current prices I’m using include: corn $.10/lb, soybean meal $.17/lb, pig premix $.40/lb, sow premix $.49/lb. This is using $5.60 per bushel corn and $340/ton soybean meal.
I put 150 lbs. of sow premix in every ton of sow feed and 100 lbs. of pig premix in every ton of pig feed.
The sow gestation ration uses 250 lbs of soybean meal per ton. The sow lactation ration uses 540 lbs of soybean meal per ton. So if you do all the math, gestation ration is $.14/lb and lactation ration is $.15/lb.
The pig rations use anywhere from 250 lbs of soybean meal per ton for the largest pigs to 600 lbs of soybean meal per ton for the smallest pigs. I adjust the amount of soybean meal based on my feed budget and the size of the pigs.
After all the math, the cheapest ration for the largest pigs is $.12/lb and the most expensive ration for the smallest pigs is $.15/lb, with the in between rations falling in between.
There are more expensive rations for smaller pigs, but with my new farrowing system I plan to let the piglets nurse longer, thereby eliminating the need for the more expensive starter pig diets.
These rations are near the historical highs, but not quite as high as last year. I think these prices are the new normal and we will learn to live with them.
I plan on experimenting with more grazing and feeding forages and alternative feedstuffs this year. I’ll have feed and production records to analyze next year at this time.