USDA Nat'l Direct Feeder Pigs
6/26 1:36 PM
USDA Nat'l Direct Feeder Pigs 06/26 13:36 NW_LS255 Des Moines, IA Fri Jun 26,2020 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Jun 26 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 82,535 LAST WEEK: 91,130 LAST YEAR: 101,840 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 25.1%, Manitoba 18.8%, Missouri 11.6%, Colorado 10.5%, South Dakota 7.5%, Iowa 6.5%, North Carolina 6.3%, Minnesota 6.1%, Saskatchewan 6.1%, Wisconsin 1.5%, VOLUME BY STATE OF DESTINATION: Iowa 75.2%, Minnesota 12.9%, Ohio 3.0%, Nebraska 2.9%, Wisconsin 2.0%, Pennsylvania 1.8%, Colorado 1.5%, South Dakota 0.8%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs and all feeder pigs steady to weak. Demand light for moderate to heavy offerings. Receipts include 39% 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 1000 1.00-3.00 2.00 600 - 1200 3082 6.00-8.00 6.72 1200 or more 32247 9.89-40.50 28.33 42206 1.00-13.00 6.12 Total Composite 32247 9.89-40.50 28.33 46288 1.00-13.00 6.07 FEEDER Pigs 40 Pounds Basis: 600 - 1200 4000 10.00-18.00 14.25 Total Composite 4000 10.00-18.00 14.25 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 78535 at 15.21 All 40 Pound Feeder Pigs: 4000 at 14.25 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 24 Hour recorded market information 515-284-4830 1400C BAT
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