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USDA Nat'l Direct Feeder Pigs
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6/21 1:20 PM
USDA Nat'l Direct Feeder Pigs 06/21 13:20 NW_LS255 Des Moines, IA Fri Jun 21,2019 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending Jun 21 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 72,907 LAST WEEK: 90,690 LAST YEAR: 89,396 VOLUME BY STATE OR PROVINCE OF ORIGIN: Iowa 17.2%, Colorado 15.3%, Illinois 14.5%, Manitoba 11.9%, Missouri 9.5%, Saskatchewan 6.9%, Nebraska 5.8%, Oklahoma 5.6%, Indiana 4.9%, Alabama 3.3%, Montana 2.1%, Georgia 1.5%, Wisconsin 1.4%, VOLUME BY STATE OF DESTINATION: Iowa 72.1%, Illinois 12.3%, Nebraska 8.1%, Minnesota 3.8%, Indiana 2.2%, Alabama 1.5%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs steady with best market early in the week. All feeder pigs 9.00 per head lower. Demand light to moderate for moderate offerings. Receipts include 58% 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 350 27.00-27.00 27.00 600 - 1200 4893 40.08-43.53 41.76 5350 28.00-39.00 34.33 1200 or more 37739 37.00-50.23 43.22 20550 32.00-43.00 37.29 Total Composite 42632 37.00-50.23 43.06 26250 27.00-43.00 36.55 FEEDER Pigs 40 Pounds Basis: 600 or less 1375 51.00-62.00 54.56 600 - 1200 650 50.00-50.00 50.00 1200 or more 2000 55.00-55.00 55.00 Total Composite 4025 50.00-62.00 54.04 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 68882 at 40.58 All 40 Pound Feeder Pigs: 4025 at 54.04 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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