USDA Nat'l Direct Feeder Pigs
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10/18 1:25 PM
USDA Nat'l Direct Feeder Pigs 10/18 13:25 NW_LS255 Des Moines, IA Fri Oct 18,2019 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Oct 18 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 140,886 LAST WEEK: 98,437 LAST YEAR: 90,310 VOLUME BY STATE OR PROVINCE OF ORIGIN: Iowa 12.9%, South Dakota 11.8%, Illinois 11.2%, Missouri 9.5%, Minnesota 8.7%, Manitoba 7.2%, Indiana 6.0%, Colorado 6.0%, Montana 5.7%, Saskatchewan 4.0%, Nebraska 3.7%, Wisconsin 3.5%, Kentucky 3.2%, Oklahoma 2.9%, Ohio 1.9%, Ontario 1.8%, VOLUME BY STATE OF DESTINATION: Iowa 64.6%, Minnesota 14.4%, Illinois 12.4%, Nebraska 4.0%, Ohio 1.9%, Michigan 1.8%, Wisconsin 0.7%, Missouri 0.2%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs and all feeder pigs 2.00 per head higher. Demand good to moderate on moderate offerings. Receipts include 32% 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 2640 23.00-30.00 28.08 600 - 1200 5112 42.60-49.69 46.05 7975 18.00-36.00 26.44 1200 or more 40739 27.66-49.01 44.03 73700 21.00-36.00 28.84 Total Composite 45851 27.66-49.69 44.26 84315 18.00-36.00 28.59 FEEDER Pigs 40 Pounds Basis: 600 or less 2270 30.00-42.00 38.90 600 - 1200 3500 35.50-52.00 44.74 1200 or more 4950 38.00-51.00 46.84 Total Composite 10720 30.00-52.00 44.47 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 130166 at 34.11 All 40 Pound Feeder Pigs: 10720 at 44.47 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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