Indiana corn prices averaged $4.27 per bushel in 2024, before increasing to an average price per bushel of $4.58 in the first quarter of this year. The most recent WASDE report projected that corn price per bushel would average $4.20 for the marketing year that starts in September. Based on historical prices, the actual corn price could easily be 10% above or below estimates made at this time of the year. How do these projections impact feed costs in the second half of this year? To address that question, this article examines trends in feed costs as well as the impact of corn and soybean meal prices on feed costs for farrow-to-finish and swine finishing operations.

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