USDA Nat'l Direct Feeder Pigs
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1/17 12:45 PM
USDA Nat'l Direct Feeder Pigs 01/17 12:30 NW_LS255 Des Moines, IA Fri Jan 17,2020 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Jan 17 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 111,177 LAST WEEK: 133,403 LAST YEAR: 103,274 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 18.9%, Manitoba 12.6%, Missouri 11.2%, Iowa 9.2%, South Dakota 8.7%, Indiana 8.5%, Colorado 8.5%, Saskatchewan 7.8%, North Carolina 4.1%, Minnesota 3.3%, Alabama 2.1%, Arkansas 2.0%, Nebraska 1.8%, Ohio 1.2%, VOLUME BY STATE OF DESTINATION: Iowa 74.2%, Minnesota 7.7%, Indiana 4.7%, Nebraska 4.3%, Michigan 3.9%, Illinois 3.1%, Ohio 2.1%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs and all feeder pigs steady to 1.00 per head lower. Demand moderate for moderate offerings. Receipts include 52% 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 52.00-52.00 52.00 600 - 1200 5075 47.00-59.00 54.62 1200 or more 58332 40.50-76.50 53.03 38645 56.00-69.00 61.76 Total Composite 58332 40.50-76.50 53.03 44720 47.00-69.00 60.73 FEEDER Pigs 40 Pounds Basis: 600 or less 2425 57.00-65.00 61.71 600 - 1200 2800 65.00-65.00 65.00 1200 or more 2900 67.00-75.00 70.31 Total Composite 8125 57.00-75.00 65.91 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 103052 at 56.37 All 40 Pound Feeder Pigs: 8125 at 65.91 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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