USDA Nat'l Direct Feeder Pigs
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7/20 1:30 PM
USDA Nat'l Direct Feeder Pigs 07/20 13:30 NW_LS255 Des Moines, IA Fri Jul 20,2018 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Jul 20 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 73,657 LAST WEEK: 89,219 LAST YEAR: 89,883 VOLUME BY STATE OR PROVINCE OF ORIGIN: Iowa 14.2%, Illinois 14.2%, Manitoba 11.6%, Colorado 11.2%, Missouri 9.6%, South Dakota 9.0%, Saskatchewan 7.7%, Oklahoma 6.2%, Indiana 4.5%, Alabama 3.1%, Montana 2.1%, Ohio 1.8%, Nebraska 1.6%, Georgia 1.4%, Wyoming 1.1%, Kentucky 0.7%, VOLUME BY STATE OF DESTINATION: Iowa 69.4%, Nebraska 7.5%, Minnesota 7.1%, Illinois 6.9%, Indiana 2.3%, Wisconsin 2.0%, Michigan 1.8%, South Dakota 1.7%, Alabama 1.4%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs steady. All feeder pigs 2.00 per head higher. Demand light to moderate on moderate offerings. Receipts include 58% 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 1900 7.50-16.00 12.93 600 - 1200 6714 30.02-41.83 35.12 5165 10.00-16.00 13.01 1200 or more 35922 21.86-44.00 35.50 17250 14.00-18.00 16.58 Total Composite 42636 21.86-44.00 35.44 24315 7.50-18.00 15.54 FEEDER Pigs 40 Pounds Basis: 600 or less 450 32.00-32.00 32.00 600 - 1200 2656 23.00-39.75 33.78 1200 or more 3600 31.00-36.00 34.33 Total Composite 6706 23.00-39.75 33.96 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 66951 at 28.21 All 40 Pound Feeder Pigs: 6706 at 33.96 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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