USDA Nat'l Direct Feeder Pigs
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7/12 2:34 PM
USDA Nat'l Direct Feeder Pigs 07/12 14:10 NW_LS255 Des Moines, IA Fri Jul 12,2019 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Jul 12 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 97,487 LAST WEEK: 115,894 LAST YEAR: 89,219 VOLUME BY STATE OR PROVINCE OF ORIGIN: Manitoba 25.7%, Illinois 25.2%, Colorado 10.2%, Iowa 8.1%, South Dakota 7.4%, Saskatchewan 5.4%, Oklahoma 4.2%, Minnesota 3.8%, Indiana 2.6%, Alabama 2.5%, Nebraska 2.2%, Montana 1.6%, Georgia 1.1%, VOLUME BY STATE OF DESTINATION: Iowa 71.6%, Minnesota 9.7%, Illinois 7.7%, Nebraska 5.1%, Michigan 2.5%, Ohio 2.3%, Alabama 1.1%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs and all feeder pigs steady. Demand moderate for moderate offerings. Receipts include 50% 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 800 23.00-29.00 26.00 600 - 1200 1100 44.06-44.06 44.06 7220 19.00-31.00 26.87 1200 or more 47342 34.28-51.06 40.43 28975 27.00-41.00 33.85 Total Composite 48442 34.28-51.06 40.51 36995 19.00-41.00 32.32 FEEDER Pigs 40 Pounds Basis: 600 or less 2800 43.00-56.00 48.41 600 - 1200 1200 49.00-49.00 49.00 1200 or more 8050 45.00-57.00 51.88 Total Composite 12050 43.00-57.00 50.79 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 85437 at 36.97 All 40 Pound Feeder Pigs: 12050 at 50.79 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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