USDA Nat'l Direct Feeder Pigs
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3/22 1:15 PM
USDA Nat'l Direct Feeder Pigs 03/22 13:15 NW_LS255 Des Moines, IA Fri Mar 22,2019 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Mar 22 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 96,764 LAST WEEK: 50,325 LAST YEAR: 98,865 VOLUME BY STATE OR PROVINCE OF ORIGIN: Manitoba 18.8%, Iowa 15.1%, Illinois 13.9%, Colorado 10.8%, Missouri 10.8%, South Dakota 6.8%, Minnesota 5.1%, Oklahoma 4.2%, Ontario 3.7%, Indiana 3.3%, Alabama 2.4%, Nebraska 1.2%, Georgia 1.1%, Kentucky 1.0%, Ohio 0.9%, Saskatchewan 0.6%, VOLUME BY STATE OF DESTINATION: Iowa 67.8%, Nebraska 9.5%, Ohio 7.5%, Minnesota 5.9%, Illinois 4.2%, Michigan 2.2%, Wisconsin 1.1%, Alabama 1.1%, Indiana 0.6%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 6.00 per head higher. All feeder pigs 9.00 per head higher. Demand moderate for moderate offerings. Receipts include 46% 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 - 1200 8336 35.90-42.02 38.66 5075 35.00-56.00 51.24 1200 or more 36503 36.92-51.06 42.49 37200 43.50-65.00 51.80 Total Composite 44839 35.90-51.06 41.78 42275 35.00-65.00 51.73 FEEDER Pigs 40 Pounds Basis: 600 or less 450 72.00-72.00 72.00 600 - 1200 4300 66.00-84.00 77.21 1200 or more 4900 74.00-85.00 81.80 Total Composite 9650 66.00-85.00 79.30 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 87114 at 46.61 All 40 Pound Feeder Pigs: 9650 at 79.30 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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