# Does pig farming pay? Corn makes up 60% of costs and efficiency decides who profits

> An IERAL (Fundación Mediterránea) report found Argentine pig production and consumption hit record levels in 2026, but farm profitability fell again in the third quarter. Feed represents about 60% of costs, and the weak capon price is squeezing margins as costs begin to rise again.

- Date: 2026-11-13 · published 2026-11-14T07:35:32.151Z
- Category: market · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/99200-does-pig-farming-pay-corn-makes-up-60-of-costs-and-efficiency-decides-who
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Thin margins and high feed costs can slow herd expansion over time, which would reduce demand for corn and meal. For now, the story describes a sector trend rather than a new shock.

## Read by commodity

- HOGS: bearish ▼

## Sources

- agrositio.com.ar: https://www.agrositio.com.ar/noticia/249313-sa-plata-criar-cerdos-el-maiz-representa-el-60-de-los-costos-y-la-eficiencia-define-quien-gana.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.