USDA Nat'l Direct Feeder Pigs
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8/16 2:00 PM
USDA Nat'l Direct Feeder Pigs 08/16 14:00 NW_LS255 Des Moines, IA Fri Aug 16,2019 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Aug 16 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 122,267 LAST WEEK: 104,391 LAST YEAR: 88,135 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 29.2%, South Dakota 17.8%, Manitoba 16.8%, Colorado 9.8%, Iowa 7.8%, Saskatchewan 4.1%, Oklahoma 3.4%, Nebraska 3.1%, Indiana 2.5%, Alabama 2.0%, Montana 1.2%, Ohio 1.2%, Missouri 0.7%, Minnesota 0.4%, VOLUME BY STATE OF DESTINATION: Iowa 73.3%, Minnesota 8.5%, Illinois 7.3%, Ohio 4.2%, South Dakota 2.5%, Nebraska 1.7%, Wisconsin 1.3%, Michigan 1.2%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs and all feeder pigs 1.00 to 2.00 per head higher. Demand light to moderate for moderate offerings. Receipts include 45% 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 2780 17.00-25.00 21.09 600 - 1200 7000 12.00-24.00 17.46 1200 or more 54762 22.22-47.98 39.95 56125 14.00-31.00 22.49 Total Composite 54762 22.22-47.98 39.95 65905 12.00-31.00 21.89 FEEDER Pigs 40 Pounds Basis: 600 or less 400 29.00-29.00 29.00 1200 or more 1200 41.00-41.00 41.00 Total Composite 1600 29.00-41.00 38.00 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 120667 at 30.09 All 40 Pound Feeder Pigs: 1600 at 38.00 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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