USDA Nat'l Direct Feeder Pigs
Headlines
1/18 1:10 PM
USDA Nat'l Direct Feeder Pigs 01/18 13:10 NW_LS255 Des Moines, IA Fri Jan 18,2019 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Jan 18 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 103,274 LAST WEEK: 77,667 LAST YEAR: 81,859 VOLUME BY STATE OR PROVINCE OF ORIGIN: Colorado 15.6%, Illinois 14.6%, Iowa 14.2%, Manitoba 11.6%, Minnesota 8.3%, Ontario 6.4%, Saskatchewan 5.5%, Missouri 5.2%, Oklahoma 4.0%, South Dakota 2.5%, Indiana 2.4%, Alabama 2.2%, Alberta 2.0%, Nebraska 1.7%, Montana 1.4%, Ohio 1.2%, Georgia 1.1%, VOLUME BY STATE OF DESTINATION: Iowa 70.3%, Minnesota 11.6%, Illinois 7.9%, Nebraska 3.9%, Ohio 3.6%, Michigan 1.2%, Alabama 1.1%, South Dakota 0.5%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 3.00 per head lower. All feeder pigs 2.00 per head lower. Demand moderate for moderate offerings. Receipts include 40% 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 550 49.00-49.00 49.00 600 - 1200 6458 42.02-47.07 44.68 4050 50.00-59.50 56.05 1200 or more 35011 37.00-50.94 46.11 44201 55.00-70.00 61.45 Total Composite 41469 37.00-50.94 45.88 48801 49.00-70.00 60.86 FEEDER Pigs 40 Pounds Basis: 600 or less 1160 65.00-68.50 66.79 600 - 1200 5244 60.00-74.50 68.58 1200 or more 6600 62.00-76.00 71.32 Total Composite 13004 60.00-76.00 69.81 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 90270 at 53.98 All 40 Pound Feeder Pigs: 13004 at 69.81 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