USDA Nat'l Direct Feeder Pigs
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1/19 1:15 PM
USDA Nat'l Direct Feeder Pigs 01/19 13:15 NW_LS255 Des Moines, IA Fri Jan 19,2018 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Jan 19 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 81,859 LAST WEEK: 79,169 LAST YEAR: 71,123 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 16.4%, Iowa 14.4%, Manitoba 12.3%, Missouri 11.5%, Ontario 8.0%, Saskatchewan 7.2%, Colorado 5.9%, Oklahoma 5.0%, Michigan 3.7%, Minnesota 3.1%, Indiana 2.9%, Alabama 2.4%, Montana 1.6%, Ohio 1.5%, South Dakota 1.5%, Georgia 1.0%, Wyoming 1.0%, Nebraska 0.8%, VOLUME BY STATE OF DESTINATION: Iowa 55.3%, Illinois 13.8%, Minnesota 12.4%, Nebraska 8.2%, Indiana 6.0%, South Dakota 2.4%, Georgia 1.0%, Michigan 0.8%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 2.00 per head lower. All feeder pigs 2.00 per head higher. Demand moderate for moderate offerings. Receipts include 48% 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 1027 43.50-46.17 45.88 550 68.50-68.50 68.50 600 - 1200 5506 39.50-57.21 46.51 3650 65.00-75.00 70.03 1200 or more 33189 39.25-54.27 46.02 26242 61.00-77.50 73.54 Total Composite 39722 39.25-57.21 46.09 30442 61.00-77.50 73.03 FEEDER Pigs 40 Pounds Basis: 600 or less 2300 72.00-86.00 80.54 600 - 1200 3795 81.00-89.50 84.68 1200 or more 5600 85.00-88.00 87.04 Total Composite 11695 72.00-89.50 84.99 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 70164 at 57.78 All 40 Pound Feeder Pigs: 11695 at 84.99 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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