1. Comparing U.S. and Ontario Costs of Production
Shakespeare Swine Seminar
Shakespeare, Ontario
Sept. 19, 2012
Chad Hart
Associate Professor/Grain Markets Specialist 1 1

2. Source: Lee Schulz, ISU Extension

3. Source: Lee Schulz, ISU Extension

4. Source: Lee Schulz, ISU Extension

5. Source: Douglas Richards, OMAFRA

6. Rough Comparison: Farrow to Wean
Sources: ISU and OMAFRA

7. Rough Comparison: Farrow to Finish
Sources: ISU and OMAFRA

8. Rough Comparison: Wean to Finish
Sources: ISU and OMAFRA

9. Hog Crush Margin
The Crush Margin is the return after the pig, corn and soybean meal costs.
Carcass weight: 200 pounds Pig price: 50% of 5 mth out lean hog futures
Corn: 10 bushels per pig Soybean meal: 150 pounds per pig
Projected hog margins are well south of breakeven.
Source: ISU Extension

10. Sept-12 through Jul-13 @ average of $34.64/head
Potential losses
Sept-12 through average of $34.64/head
Source: Lee Schulz, ISU Extension

11. Thank you for your time. Any questions. My web site: http://www. econ
Thank you for your time! Any questions? My web site: Iowa Farm Outlook: Ag Decision Maker: