USDA Nat'l Direct Feeder Pigs
Headlines
9/14 1:30 PM
USDA Nat'l Direct Feeder Pigs 09/14 13:30 NW_LS255 Des Moines, IA Fri Sep 14,2018 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Sep 14 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 96,181 LAST WEEK: 105,244 LAST YEAR: 88,245 VOLUME BY STATE OR PROVINCE OF ORIGIN: Manitoba 25.5%, Iowa 10.6%, Kentucky 10.3%, Illinois 10.0%, Colorado 5.6%, Nebraska 5.5%, Missouri 5.2%, Saskatchewan 5.2%, Minnesota 5.2%, Indiana 4.7%, Oklahoma 4.3%, Ontario 3.2%, Alabama 2.3%, Montana 1.4%, Georgia 1.1%, VOLUME BY STATE OF DESTINATION: Iowa 63.6%, Minnesota 12.2%, Nebraska 8.0%, Ohio 7.0%, Illinois 4.3%, Indiana 2.7%, Alabama 1.1%, South Dakota 1.1%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 2.00 per head higher. All feeder pigs 9.00 per head higher. Demand moderate for moderate offerings. Receipts include 47% 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 4876 33.34-41.83 38.65 7551 18.00-28.00 21.70 1200 or more 40225 32.88-44.00 37.85 28604 18.00-36.50 29.80 Total Composite 45101 32.88-44.00 37.94 36155 18.00-36.50 28.11 FEEDER Pigs 40 Pounds Basis: 600 or less 1025 29.00-29.00 29.00 1200 or more 13900 16.50-35.00 31.49 Total Composite 14925 16.50-35.00 31.32 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 81256 at 33.57 All 40 Pound Feeder Pigs: 14925 at 31.32 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