USDA Nat'l Direct Feeder Pigs
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12/14 1:15 PM
USDA Nat'l Direct Feeder Pigs 12/14 13:15 NW_LS255 Des Moines, IA Fri Dec 14,2018 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Dec 14 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 87,579 LAST WEEK: 103,762 LAST YEAR: 62,782 VOLUME BY STATE OR PROVINCE OF ORIGIN: Colorado 15.8%, Missouri 12.5%, Illinois 10.4%, Nebraska 7.7%, Minnesota 7.6%, Manitoba 7.5%, Iowa 7.2%, Saskatchewan 5.7%, Oklahoma 4.7%, South Dakota 4.0%, Ontario 3.0%, North Dakota 2.7%, North Carolina 2.7%, Alabama 2.4%, Montana 1.7%, Ohio 1.7%, Indiana 1.6%, Georgia 1.1%, VOLUME BY STATE OF DESTINATION: Iowa 77.8%, Minnesota 7.7%, Illinois 7.4%, Nebraska 2.7%, Michigan 1.7%, Indiana 1.6%, Alabama 1.1%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 5.00 per head higher. Feeder pigs 6.00 per head higher. Demand moderate for moderate offerings. Receipts include 50% 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 1100 44.00-49.00 46.73 600 - 1200 5175 41.75-50.21 46.60 5800 50.00-60.00 56.72 1200 or more 39054 37.00-57.76 46.00 27300 58.50-70.00 63.89 Total Composite 44229 37.00-57.76 46.07 34200 44.00-70.00 62.12 FEEDER Pigs 40 Pounds Basis: 600 or less 1500 61.00-64.50 62.57 1200 or more 7650 64.00-75.00 68.61 Total Composite 9150 61.00-75.00 67.62 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 78429 at 53.07 All 40 Pound Feeder Pigs: 9150 at 67.62 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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