USDA Nat'l Direct Feeder Pigs
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4/19 1:15 PM
USDA Nat'l Direct Feeder Pigs 04/19 13:15 NW_LS255 Des Moines, IA Fri Apr 19,2019 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Apr 19 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 112,810 LAST WEEK: 87,467 LAST YEAR: 106,260 VOLUME BY STATE OR PROVINCE OF ORIGIN: Manitoba 25.6%, Iowa 17.9%, Illinois 17.2%, Colorado 6.7%, Saskatchewan 6.1%, Nebraska 5.3%, Missouri 4.2%, Oklahoma 3.6%, Georgia 2.7%, Alabama 2.1%, Ontario 1.8%, Ohio 1.6%, Montana 1.4%, South Dakota 1.3%, Kentucky 1.1%, Minnesota 0.9%, Indiana 0.7%, VOLUME BY STATE OF DESTINATION: Iowa 81.4%, Minnesota 8.6%, Illinois 5.9%, Ohio 2.1%, Michigan 1.1%, Alabama 0.9%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs fully steady. All feeder pigs steady on light receipts. Demand moderate for moderate offerings. Receipts include 42% 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 1500 60.00-72.00 66.67 600 - 1200 3712 41.75-66.56 49.46 7750 48.00-71.00 61.89 1200 or more 43448 37.00-76.50 50.70 51600 51.00-73.00 66.43 Total Composite 47160 37.00-76.50 50.61 60850 48.00-73.00 65.86 FEEDER Pigs 40 Pounds Basis: 600 - 1200 3600 95.50-102.00 98.82 1200 or more 1200 93.00-93.00 93.00 Total Composite 4800 93.00-102.00 97.36 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 108010 at 59.20 All 40 Pound Feeder Pigs: 4800 at 97.36 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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