Home |  Weather |  Livestock |  Futures |  Futures Markets |  Market News |  Options |  Cattle News |  Sheep News |  Swine News 
USDA Nat'l Direct Feeder Pigs
9/18 1:31 PM
USDA Nat'l Direct Feeder Pigs 09/18 13:31 NW_LS255 Des Moines, IA Fri Sep 18,2020 USDA-Iowa Dept of Ag Market News NOTICE: As Market News transitions reports to the MARS platform and My Market News, report formats will be converted from a text version to a more user-friendly and accessible PDF format. In the next few weeks, this report will move to the new platform and will be accessible at: https://www.ams.usda.gov/mnreports/AMS_2810.pdf. If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov. National Direct Delivered Feeder Pig Report: Week Ending Sep 18 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 124,897 LAST WEEK: 133,672 LAST YEAR: 107,088 VOLUME BY STATE OR PROVINCE OF ORIGIN: Illinois 21.3%, Iowa 15.5%, Manitoba 11.7%, Nebraska 10.6%, Missouri 9.8%, Colorado 8.0%, Saskatchewan 4.0%, North Carolina 3.6%, South Dakota 3.0%, North Dakota 2.5%, Arkansas 2.0%, Alabama 1.8%, Minnesota 1.6%, Ontario 1.5%, Montana 1.4%, Ohio 1.0%, Wyoming 0.8%, VOLUME BY STATE OF DESTINATION: Iowa 81.1%, Minnesota 8.8%, Nebraska 4.9%, Michigan 3.4%, South Dakota 1.4%, Colorado 0.5%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs 3.00 per head higher. All feeder pigs 1.00 per head higher. Demand good to moderate for moderate offerings. Receipts include 28% 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 1037 23.00-27.00 24.93 600 - 1200 11800 17.00-34.00 23.50 1200 or more 35547 25.29-40.50 35.08 69053 15.00-33.00 25.52 Total Composite 35547 25.29-40.50 35.08 81890 15.00-34.00 25.22 FEEDER Pigs 40 Pounds Basis: 600 or less 2760 22.00-37.00 33.94 600 - 1200 2700 34.00-44.50 38.61 1200 or more 2000 30.00-30.00 30.00 Total Composite 7460 22.00-44.50 34.57 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 117437 at 28.20 All 40 Pound Feeder Pigs: 7460 at 34.57 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
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN