USDA Nat'l Direct Feeder Pigs
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9/21 1:45 PM
USDA Nat'l Direct Feeder Pigs 09/21 13:45 NW_LS255 Des Moines, IA Fri Sep 21,2018 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Sep 21 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 112,006 LAST WEEK: 96,181 LAST YEAR: 78,323 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 26.4%, Colorado 14.7%, South Dakota 10.3%, Minnesota 7.2%, Manitoba 5.4%, Indiana 5.4%, Saskatchewan 4.9%, Iowa 4.5%, Ontario 4.5%, Oklahoma 3.7%, Missouri 2.7%, Montana 2.7%, Alabama 2.1%, Wisconsin 1.9%, Ohio 1.1%, Georgia 1.0%, Kentucky 0.9%, Nebraska 0.7%, VOLUME BY STATE OF DESTINATION: Iowa 77.0%, Minnesota 11.6%, Illinois 4.6%, Nebraska 4.2%, Michigan 1.1%, Alabama 1.0%, Ohio 0.5%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 5.00 per head higher. All feeder pigs 4.00 per head higher. Demand good to moderate for moderate offerings. Receipts include 38% 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 850 18.00-34.00 22.71 600 - 1200 7470 35.33-41.83 38.50 8750 25.00-36.00 31.79 1200 or more 35145 36.46-44.00 40.07 46991 20.00-38.00 33.86 Total Composite 42615 35.33-44.00 39.80 56591 18.00-38.00 33.37 FEEDER Pigs 40 Pounds Basis: 600 or less 2450 27.00-38.00 33.00 600 - 1200 4400 30.00-37.00 34.05 1200 or more 5950 36.00-38.00 37.08 Total Composite 12800 27.00-38.00 35.25 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 99206 at 36.13 All 40 Pound Feeder Pigs: 12800 at 35.25 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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