In this file:

 

·         Cash Weaner Pig Prices Average $26.41, Up $4.22 From Last Week

… Looking at hog sales in March 2020 using April 2020 futures, the weaner breakeven was $68.36, up $6.67 for the week..

 

·         National Direct Delivered Feeder Pig Report: Week Ending Sep 13

Weekly Summary of prices on a delivered farm to farm basis.

 

 

Cash Weaner Pig Prices Average $26.41, Up $4.22 From Last Week

 

Jennifer Brown, NutriQuest

via FarmJournal's Pork - September 13, 2019

 

… Looking at hog sales in March 2020 using April 2020 futures, the weaner breakeven was $68.36, up $6.67 for the week. Feed costs were up $3.09 per head. April futures increased $4.78 compared to last week’s April futures used for the crush, and historical basis is unchanged from last week. Breakeven prices are based on closing futures prices on Sept. 13, 2019. The breakeven price is the estimated maximum you could pay for a weaner pig and breakeven when selling the finished hog.

 

Note that the weaner pig profitability calculations provide weekly insight into the relative value of pigs based on assumptions that may not be reflective of your individual situation. In addition, these calculations do not consider market supply and demand dynamics for weaner pigs and space availability.

 

From the National Direct Delivered Feeder Pig Report:

Cash-traded weaner pig volume was above average this week with 53,200 head being reported which is 123% of the 52-week average. Cash prices were $26.41, up $4.22 from a week ago. The low to high range was from $17.00 to $40.00. Formula-priced weaners were up $3.09 this week at $41.04.

 

Cash-traded feeder pig reported volume was below average with 2,525 head reported. Cash feeder pig reported prices were $38.98, up $2.83 per head from last week.

 

more, including table, charts [3] 

https://www.porkbusiness.com/article/cash-weaner-pig-prices-average-2641-422-last-week

 

 

National Direct Delivered Feeder Pig Report: Week Ending Sep 13

Weekly Summary of prices on a delivered farm to farm basis.

 

Des Moines, IA   Fri Sep 13,2019   USDA-Iowa Dept of Ag Market News

 

RECEIPTS THIS WEEK: 118,888   LAST WEEK: 91,510      LAST YEAR: 96,181

 

 

VOLUME BY STATE OR PROVINCE OF ORIGIN:

Illinois 28.2%,       Manitoba 16.4%,       Colorado 15.1%,

Iowa 14.6%,           Indiana 7.2%,         Saskatchewan 5.7%,

Oklahoma 3.4%,        Missouri 2.6%,        Minnesota 2.0%,

Alabama 2.0%,         Ohio 1.2%,            South Dakota 0.8%,

Nebraska 0.7%,

 

VOLUME BY STATE OF DESTINATION:

Iowa 82.5%,           Minnesota 5.7%,       Nebraska 4.1%,

Illinois 3.4%,        Michigan 3.3%,        Kansas 1.0%,

 

TRENDS COMPARED TO LAST WEEK:  Early weaned pigs 4.00 per head higher.

All feeder pigs 3.00 per head higher. Demand moderate for moderate

offerings.  Receipts include 53% 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                                1000  21.00-28.00    23.80

600 - 1200        814 32.00-32.00  32.00   2700  23.00-24.00    23.63

1200 or more    62349 23.31-47.00  41.16  49500  17.00-40.00    26.61

Total Composite 63163 23.31-47.00  41.04  53200  17.00-40.00    26.41

 

FEEDER Pigs 40 Pounds Basis:

600 or less                                 575  37.00-37.00    37.00

600 - 1200                                 1950  37.00-42.00    39.56

Total Composite                            2525  37.00-42.00    38.98

 

Total Composite Weighted Average Receipts and Price (Formula and Cash):

          All Early Weaned Pigs:     116363 at 34.35

          All 40 Pound Feeder Pigs:  2525 at 38.98

 

 

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

 

source url

https://www.ams.usda.gov/mnreports/nw_ls255.txt