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Monday, October 14, 2019  
 
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USDA Nat'l Direct Feeder Pigs
Headlines
10/11 1:15 PM
USDA Nat'l Direct Feeder Pigs 10/11 13:15 NW_LS255 Des Moines, IA Fri Oct 11,2019 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Oct 11 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 98,437 LAST WEEK: 120,789 LAST YEAR: 84,287 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 22.0%, Colorado 14.0%, South Dakota 10.9%, Iowa 9.3%, Missouri 8.4%, Nebraska 6.2%, Minnesota 6.2%, Saskatchewan 5.7%, Manitoba 4.3%, Oklahoma 4.2%, Ontario 3.8%, Montana 1.5%, Ohio 1.4%, Indiana 1.2%, Wyoming 0.8%, VOLUME BY STATE OF DESTINATION: Iowa 83.6%, Nebraska 5.1%, Illinois 4.7%, Michigan 2.6%, Minnesota 2.3%, Ohio 1.2%, South Dakota 0.5%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 5.00 per head lower. All feeder pigs steady. Demand light to moderate on 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 2065 15.00-36.00 27.07 600 - 1200 5150 24.00-36.00 27.84 1200 or more 47472 33.46-49.85 44.47 35000 19.00-35.00 25.66 Total Composite 47472 33.46-49.85 44.47 42215 15.00-36.00 26.00 FEEDER Pigs 40 Pounds Basis: 600 or less 1000 40.00-43.00 41.50 600 - 1200 1650 30.00-43.65 38.27 1200 or more 6100 36.00-51.00 43.92 Total Composite 8750 30.00-51.00 42.58 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 89687 at 35.78 All 40 Pound Feeder Pigs: 8750 at 42.58 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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