USDA Nat'l Direct Feeder Pigs
Headlines
2/15 1:30 PM
USDA Nat'l Direct Feeder Pigs 02/15 13:30 NW_LS255 Des Moines, IA Fri Feb 15,2019 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Feb 15 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 115,680 LAST WEEK: 109,605 LAST YEAR: 86,914 VOLUME BY STATE OR PROVINCE OF ORIGIN: Iowa 13.9%, Minnesota 12.2%, Nebraska 11.5%, Manitoba 10.8%, Illinois 9.9%, South Dakota 8.9%, Colorado 8.8%, Saskatchewan 7.4%, Missouri 6.3%, Oklahoma 3.5%, Alabama 2.0%, Montana 1.3%, Ontario 1.0%, Ohio 1.0%, Georgia 1.0%, North Dakota 0.5%, VOLUME BY STATE OF DESTINATION: Iowa 77.8%, Minnesota 11.2%, Illinois 5.2%, Nebraska 3.2%, Michigan 1.0%, Alabama 1.0%, South Dakota 0.6%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 1.00 per head lower. All feeder pigs steady to weak. Demand moderate for moderate offerings. Receipts include 41% 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 1000 45.00-49.00 47.00 600 - 1200 7446 42.02-47.90 45.63 6575 47.00-61.00 55.92 1200 or more 40634 37.00-58.00 45.06 48250 45.50-60.00 55.21 Total Composite 48080 37.00-58.00 45.15 55825 45.00-61.00 55.15 FEEDER Pigs 40 Pounds Basis: 600 or less 775 60.00-64.00 62.71 1200 or more 11000 62.00-78.00 70.07 Total Composite 11775 60.00-78.00 69.58 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 103905 at 50.52 All 40 Pound Feeder Pigs: 11775 at 69.58 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
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN