USDA Nat'l Direct Feeder Pigs
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7/13 1:40 PM
USDA Nat'l Direct Feeder Pigs 07/13 13:40 NW_LS255 Des Moines, IA Fri Jul 13,2018 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Jul 13 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 89,219 LAST WEEK: 87,883 LAST YEAR: 98,595 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 16.9%, Colorado 14.4%, Iowa 14.2%, Manitoba 11.7%, South Dakota 8.9%, Missouri 6.6%, Minnesota 6.2%, Saskatchewan 5.6%, Oklahoma 4.6%, Ohio 3.2%, Alabama 2.6%, Montana 1.8%, Michigan 1.1%, Georgia 1.1%, Nebraska 1.0%, VOLUME BY STATE OF DESTINATION: Iowa 67.6%, Minnesota 15.3%, Illinois 7.4%, Ohio 3.4%, Michigan 3.2%, Indiana 1.1%, Alabama 1.1%, Nebraska 0.7%, South Dakota 0.2%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 2.00 per head lower. All feeder pigs 1.00 per head lower. Demand light to moderate on moderate offerings. Receipts include 60% 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 1030 12.00-13.00 12.51 600 - 1200 3945 34.90-41.83 36.66 3848 12.00-15.00 13.03 1200 or more 49596 25.42-44.00 33.53 26400 10.00-20.00 15.77 Total Composite 53541 25.42-44.00 33.76 31278 10.00-20.00 15.32 FEEDER Pigs 40 Pounds Basis: 600 or less 2050 18.00-36.00 24.89 600 - 1200 1000 35.00-35.00 35.00 1200 or more 1350 39.00-39.00 39.00 Total Composite 4400 18.00-39.00 31.52 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 84819 at 26.96 All 40 Pound Feeder Pigs: 4400 at 31.52 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
 
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