USDA Nat'l Direct Feeder Pigs
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8/18 1:10 PM
USDA Nat'l Direct Feeder Pigs 08/18 13:10 NW_LS255 Des Moines, IA Fri Aug 18,2017 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Aug 18 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 100,749 LAST WEEK: 88,107 LAST YEAR: 100,298 VOLUME BY STATE OR PROVINCE OF ORIGIN: Manitoba 20.7%, Illinois 12.6%, Colorado 12.6%, Iowa 12.5%, Saskatchewan 8.7%, Indiana 6.5%, Nebraska 6.4%, Missouri 6.3%, Oklahoma 4.1%, South Dakota 2.0%, Alabama 2.0%, Montana 1.5%, Ohio 1.4%, North Dakota 1.2%, Georgia 1.0%, Minnesota 0.6%, VOLUME BY STATE OF DESTINATION: Iowa 75.1%, Minnesota 11.6%, Illinois 4.7%, Indiana 3.3%, Michigan 2.6%, Nebraska 1.6%, Georgia 1.0%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs and all feeder pigs 1.00 per head lower. 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 1614 32.60-35.87 35.29 1976 12.00-21.00 17.01 600 - 1200 12023 33.09-41.77 37.40 3500 16.00-22.00 19.00 1200 or more 34585 22.57-44.00 36.44 39646 15.00-24.00 19.23 Total Composite 48222 22.57-44.00 36.64 45122 12.00-24.00 19.11 FEEDER Pigs 40 Pounds Basis: 600 or less 3905 38.00-43.00 41.34 600 - 1200 700 36.00-36.00 36.00 1200 or more 2800 37.50-40.00 38.93 Total Composite 7405 36.00-43.00 39.92 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 93344 at 28.17 All 40 Pound Feeder Pigs: 7405 at 39.92 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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