USDA Nat'l Direct Feeder Pigs
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8/17 1:25 PM
USDA Nat'l Direct Feeder Pigs 08/17 13:25 NW_LS255 Des Moines, IA Fri Aug 17,2018 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Aug 17 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 88,135 LAST WEEK: 101,663 LAST YEAR: 100,749 VOLUME BY STATE OR PROVINCE OF ORIGIN: Colorado 15.4%, Illinois 14.6%, Iowa 12.3%, South Dakota 9.4%, Manitoba 6.8%, Kentucky 6.8%, Missouri 6.5%, Saskatchewan 6.2%, Oklahoma 5.3%, Indiana 3.1%, Minnesota 2.8%, Alabama 2.6%, Montana 1.9%, Ohio 1.6%, North Dakota 1.5%, Ontario 1.1%, Georgia 1.1%, Wyoming 0.9%, VOLUME BY STATE OF DESTINATION: Iowa 65.5%, Minnesota 12.3%, Illinois 7.4%, Indiana 4.3%, Ohio 4.0%, South Dakota 2.8%, Michigan 1.6%, Alabama 1.1%, Kansas 0.9%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 3.00 per head higher. All feeder pigs 6.00 per head lower on light receipts. Demand light to moderate on moderate offering. Receipts include 56% 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 2175 8.00-13.00 10.46 600 - 1200 5577 23.84-41.83 27.89 4487 10.00-20.00 14.82 1200 or more 44196 21.77-44.00 33.02 23100 9.00-22.00 18.03 Total Composite 49773 21.77-44.00 32.45 29762 8.00-22.00 16.99 FEEDER Pigs 40 Pounds Basis: 600 - 1200 1600 20.00-23.00 21.88 1200 or more 7000 15.50-20.00 16.14 Total Composite 8600 15.50-23.00 17.21 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 79535 at 26.66 All 40 Pound Feeder Pigs: 8600 at 17.21 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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