USDA Nat'l Direct Feeder Pigs
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12/07 1:15 PM
USDA Nat'l Direct Feeder Pigs 12/07 13:15 NW_LS255 Des Moines, IA Fri Dec 07,2018 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Dec 07 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 103,762 LAST WEEK: 102,315 LAST YEAR: 76,691 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 20.8%, Colorado 16.0%, Iowa 14.4%, Manitoba 11.2%, Minnesota 8.5%, Saskatchewan 5.4%, Missouri 4.5%, Oklahoma 4.0%, South Dakota 2.4%, North Carolina 2.3%, Ontario 2.3%, Alabama 2.0%, Montana 1.6%, Ohio 1.2%, Kentucky 1.1%, Georgia 1.0%, Nebraska 0.8%, Arkansas 0.6%, VOLUME BY STATE OF DESTINATION: Iowa 78.6%, Minnesota 10.2%, Illinois 5.6%, Nebraska 3.5%, Michigan 1.2%, Alabama 1.0%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 2.00 per head higher. Feeder pig receipts to light for a good market test. Demand moderate for moderate offerings. Receipts include 55% 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 500 49.00-49.00 49.00 600 - 1200 5342 41.04-46.87 43.59 7950 50.00-62.00 56.19 1200 or more 52024 37.00-47.00 43.68 34100 40.00-64.50 57.00 Total Composite 57366 37.00-47.00 43.67 42550 40.00-64.50 56.76 FEEDER Pigs 40 Pounds Basis: 600 - 1200 3846 49.00-65.00 60.89 Total Composite 3846 49.00-65.00 60.89 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 99916 at 49.24 All 40 Pound Feeder Pigs: 3846 at 60.89 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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