USDA S. & E. U.S. Direct Feeder Pigs 01/09 09:57
USDA S. & E. U.S. Direct Feeder Pigs 01/09 09:57 CO_LS255 Columbia, SC Fri Apr 25, 2003 USDA-SC Dept of Ag Market News Southern and Eastern US Direct FOB Feeder Pig Report Weekly Summary of prices on a FOB farm to farm basis. Week Ending Apr 25 RECEIPTS THIS WEEK: 27,230 LAST WEEK: 19,166 TRENDS COMPARED TO LAST WEEK: Early weaned pigs and 40-50 pound feeder pigs steady. Demand moderate for light offerings. Receipts include 14,629 head shipped to Iowa and Central US. Receipts also include 65% formulated prices. ***THIS IS THE LAST ISSUE OF THIS REPORT. The information will now be included in the revised Iowa and Central US Delivered Report (NW_LS255). The new combined report will be called the "National Direct Feeder Pig Report" and be listed under the same number (NW_LS255). The new report will have FOB Seller and Delivered Buyer prices on all pigs, as well as the number of pigs delivered to each state. The new report will begin next Friday May 2. LOT SIZE NUMBER OF HEAD PRICE/HEAD WEIGHTED AVERAGE PRICE EARLY WEANED PIGS 10 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE 250 head or less 2074 21.00-29.11 $27.11 250-750 6250 17.00-30.40 $26.95 750 or more 10737 19.00-30.00 $23.64 Total Composite 19061 17.00-30.40 $25.11 FEEDER PIGS 40 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE 250-750 599 45.00-45.00 $45.00 Total Composite 599 45.00-45.00 $45.00 FEEDER PIGS 45 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE 250-750 300 42.00-42.00 $42.00 750 or more 4800 43.01-43.01 $43.01 Total Composite 5100 42.00-43.01 $42.95 FEEDER PIGS 50 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE 250-750 1620 38.38-49.73 $44.42 750 or more 850 42.50-42.50 $42.50 Total Composite 2470 38.38-49.73 $43.76 +Prices are quoted on a per head basis "picked up" at the sellers farm in NC, SC, GA, TN, KY, AL, MS, AR, MO, TX, OK, KS, IN, OH, MI, PA, CO, UT, and WY. Prices do not include freight or broker fees. Many lots of 40-60 weight pigs sold with a .25-.40 per pound slide. Also, some lots of early weaned pigs have a 1.00 per pound sliding value adjusted from a 10 pound basis. Early weaned pigs under 19 days old. Estimated lean value is projected to base slaughter weights with normal confinement feeding conditions. This report does not cover any trades which include profit/loss share agreements or any other form of shared or retained ownership agreements. Source: USDA-South Carolina Dept of Ag Market News, Columbia, SC Dan Schussler, Reporter (803) 737-4491, FAX 803 737-9867 www.ams.usda.gov/mnreports/co_ls255.txt 1430e .