USDA Nat'l Direct Feeder Pigs
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12/06 1:55 PM
USDA Nat'l Direct Feeder Pigs 12/06 13:55 NW_LS255 Des Moines, IA Fri Nov 29,2019 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Nov 29 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 105,151 LAST WEEK: 121,934 LAST YEAR: 102,315 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 24.7%, Manitoba 13.0%, Iowa 11.4%, Saskatchewan 8.9%, South Dakota 7.3%, Indiana 6.5%, Colorado 5.8%, Missouri 5.3%, Oklahoma 3.9%, Nebraska 3.3%, Minnesota 2.7%, Alabama 2.2%, Montana 1.5%, Ohio 1.2%, Kentucky 1.1%, Kansas 1.0%, VOLUME BY STATE OF DESTINATION: Iowa 68.9%, Minnesota 12.2%, Illinois 9.0%, Nebraska 4.8%, Michigan 2.4%, Ohio 2.2%, Pennsylvania 0.6%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 1.00 per head higher. All feeder pigs 2.00 per head higher on light receipts. Demand moderate for moderate offerings. Receipts include 44% 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 1850 19.00-34.00 25.89 600 - 1200 6750 28.00-32.00 30.01 1200 or more 46901 34.79-54.06 45.21 46300 27.00-43.00 34.74 Total Composite 46901 34.79-54.06 45.21 54900 19.00-43.00 33.86 FEEDER Pigs 40 Pounds Basis: 600 - 1200 1700 45.00-47.00 46.29 1200 or more 1650 51.00-51.00 51.00 Total Composite 3350 45.00-51.00 48.61 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 101801 at 39.09 All 40 Pound Feeder Pigs: 3350 at 48.61 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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