Friday, June 5, 2020  
 
5/29 1:32 PM
USDA Nat'l Direct Feeder Pigs 05/29 13:31 NW_LS255 Des Moines, IA Fri May 29,2020 USDA-Iowa Dept of Ag Market News National Direct Delivered Feeder Pig Report: Week Ending May 29 Weekly Summary of prices on a delivered farm to farm basis. RECEIPTS THIS WEEK: 89,212 LAST WEEK: 117,574 LAST YEAR: 75,839 VOLUME BY STATE OR PROVINCE OF ORIGIN: Manitoba 19.5%, Illinois 15.6%, South Dakota 12.1%, Nebraska 12.0%, Minnesota 12.0%, Colorado 8.7%, Missouri 7.7%, Saskatchewan 5.6%, Iowa 4.6%, Indiana 1.3%, Ohio 0.8%, VOLUME BY STATE OF DESTINATION: Iowa 74.8%, Minnesota 17.3%, Michigan 2.2%, Nebraska 1.3%, Indiana 1.3%, South Dakota 1.2%, Ohio 0.8%, Colorado 0.7%, Texas 0.3%, TRENDS COMPARED TO LAST WEEK: Early weaned pigs steady. All feeder pigs 1.00 per head lower. Demand light for moderate to heavy offerings. Receipts include 36% 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 780 1.00-5.00 2.44 600 - 1200 2200 21.52-39.50 31.23 4900 6.00-9.00 7.19 1200 or more 30302 7.03-40.49 27.68 42330 3.00-11.00 7.12 Total Composite 32502 7.03-40.49 27.92 48010 1.00-11.00 7.05 FEEDER Pigs 40 Pounds Basis: 600 or less 2100 14.00-21.00 16.24 600 - 1200 1800 15.00-16.00 15.58 1200 or more 4800 17.00-21.00 18.71 Total Composite 8700 14.00-21.00 17.47 Total Composite Weighted Average Receipts and Price (Formula and Cash): All Early Weaned Pigs: 80512 at 15.47 All 40 Pound Feeder Pigs: 8700 at 17.47 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