USDA Nat'l Direct Feeder Pigs
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4/20 1:35 PM
USDA Nat'l Direct Feeder Pigs 04/20 13:35 NW_LS255 Des Moines, IA Fri Apr 20,2018 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Apr 20 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 106,260 LAST WEEK: 70,040 LAST YEAR: 87,396 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 21.3%, Manitoba 16.6%, Colorado 14.3%, Iowa 11.5%, Nebraska 5.5%, South Dakota 4.8%, Minnesota 4.7%, Missouri 4.5%, Oklahoma 3.9%, North Dakota 3.1%, Ohio 2.6%, Alabama 2.2%, Indiana 2.1%, Montana 1.5%, Georgia 0.9%, Arkansas 0.5%, VOLUME BY STATE OF DESTINATION: Iowa 61.1%, Minnesota 14.6%, Nebraska 6.1%, Illinois 6.1%, Michigan 5.0%, Manitoba 2.6%, Alabama 2.2%, Kansas 0.9%, Georgia 0.9%, Nevada 0.5%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 2.00 per head higher. All feeder pigs 3.00 per head lower on light receipts. Demand moderate for moderate offerings. Receipts include 54% 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 9366 31.43-43.03 36.89 8150 19.00-35.00 28.42 1200 or more 47902 30.79-41.33 35.70 35858 28.00-46.00 35.76 Total Composite 57268 30.79-43.03 35.90 44008 19.00-46.00 34.40 FEEDER Pigs 40 Pounds Basis: 600 or less 3984 61.00-69.00 64.61 600 - 1200 1000 64.50-64.50 64.50 Total Composite 4984 61.00-69.00 64.59 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 101276 at 35.25 All 40 Pound Feeder Pigs: 4984 at 64.59 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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