hogs.pork

Indiana corn prices averaged $4.45 per bushel in 2025, and futures markets suggest prices may remain below long-run averages into 2026. Lower grain prices imply reduced feed costs, but volatility in corn and soybean meal markets continues to create risk. This article examines recent trends in feed cost indices for farrow-to-finish and swine finishing enterprises and evaluates how changes in corn and soybean meal prices could affect feed costs in 2026.