USDA Nat'l Direct Feeder Pigs
Headlines
3/27 1:55 PM
USDA Nat'l Direct Feeder Pigs 03/27 13:55 NW_LS255 Des Moines, IA Fri Mar 27,2020 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Mar 27 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 110,753 LAST WEEK: 110,454 LAST YEAR: 109,528 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 22.4%, Manitoba 15.9%, South Dakota 13.3%, Iowa 8.9%, Minnesota 8.4%, Indiana 5.7%, Missouri 5.5%, Saskatchewan 4.5%, Colorado 3.3%, Georgia 3.0%, North Carolina 2.0%, Kentucky 2.0%, Montana 1.5%, Ohio 1.3%, Wisconsin 1.1%, Kansas 1.1%, North Dakota 0.4%, VOLUME BY STATE OF DESTINATION: Iowa 71.8%, Minnesota 18.9%, Illinois 4.6%, Indiana 2.0%, Nebraska 1.4%, Michigan 1.3%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs steady to 1.00 per head higher. All feeder pigs 4.00 per head lower. Demand moderate for moderate offerings. Receipts include 39% formulated prices. All Prices Quoted on Per Head Basis With An Estimated Lean Value of 50-54% Formula Formula Cash Cash Lot Size Head Range Wtd Avg Head Range Wtd Avg EARLY WEANED Pigs 10-12 Pounds Basis: 600 or less 2450 9.00-15.00 11.92 600 - 1200 2199 30.90-37.69 35.48 5384 12.00-15.00 12.99 1200 or more 41295 26.21-48.02 39.92 55150 6.00-23.00 16.57 Total Composite 43494 26.21-48.02 39.70 62984 6.00-23.00 16.09 FEEDER Pigs 40 Pounds Basis: 600 or less 1175 39.00-43.00 40.40 1200 or more 3100 48.00-49.00 48.61 Total Composite 4275 39.00-49.00 46.36 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 106478 at 25.73 All 40 Pound Feeder Pigs: 4275 at 46.36 NOTE: Prices are quoted on a per head basis delivered to the buyers farm. These prices include freight and fees on a farm to farm basis. Most lots of 40-60 weight pigs have a sliding value from the negotiated weight basis which is calculated on the actual average weight of the load plus or minus .25-.40 per pound. Some early weaned lots have a slide of .50-1.00 per pound. Early weaned pigs are under 21 days old. Estimated lean value is projected to use slaughter weights with normal confinement feeding conditions. Vaccination and health program values are not included but health status should be disclosed. Source: USDA Market News Service, Des Moines, IA Bruce Thomas 515-284-4460 Desm.LGMN@ams.usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/mnreports/NW_LS255.txt www.ams.usda.gov/LPSMarketNewsPage 1400C BAT
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN