USDA Nat'l Direct Feeder Pigs
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11/17 3:05 PM
USDA Nat'l Direct Feeder Pigs 11/17 15:05 NW_LS255 Des Moines, IA Fri Nov 17,2017 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Nov 17 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 93,702 LAST WEEK: 66,753 LAST YEAR: 65,980 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 29.4%, Manitoba 14.7%, Missouri 12.6%, Iowa 6.6%, Saskatchewan 6.0%, Colorado 5.1%, Oklahoma 4.4%, Ontario 4.2%, South Dakota 2.8%, Ohio 2.8%, Minnesota 2.7%, Indiana 2.1%, Alabama 1.7%, Montana 1.6%, Wisconsin 1.3%, Kansas 1.1%, Georgia 1.1%, VOLUME BY STATE OF DESTINATION: Iowa 75.5%, Illinois 5.4%, Minnesota 4.3%, Indiana 3.3%, Michigan 2.8%, South Dakota 2.3%, Ohio 2.3%, Nebraska 1.8%, Wisconsin 1.1%, Georgia 1.1%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 4.00 per head higher. All feeder pigs 1.00 per head higher. Demand good for moderate offerings. Receipts include 49% 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 2009 40.16-47.50 43.21 700 37.00-38.00 37.43 600 - 1200 9408 39.85-46.76 42.65 4850 32.00-57.00 46.00 1200 or more 34746 37.12-46.11 42.30 38151 42.00-56.00 47.37 Total Composite 46163 37.12-47.50 42.41 43701 32.00-57.00 47.06 FEEDER Pigs 40 Pounds Basis: 600 or less 3838 46.50-68.00 56.21 Total Composite 3838 46.50-68.00 56.21 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 89864 at 44.67 All 40 Pound Feeder Pigs: 3838 at 56.21 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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