National Direct Feeder Pig Report
Week Ending May 16, 2003
USDA Market News, Des Moines, lowa
Weekly Summary of prices on a farm to farm per head basis. FOB is the
price picked up at the seller's farm. DELIVERED is the price unloaded at the
buyer's farm, including trucking and broker's fees.
RECEIPTS This Week 88,888; Last Week. 92,056
VOLUME BY STATE OR PROVINCE OF ORIGIN.
Manitoba 18 I % lowa 16.8% Oklahoma 12 2%
North Carolina 7.6% Minnesota 7.1 % Ontario 67%
Saskatchen 3.8% Missouri 35% Colorado 23%
Michigan 12% Arkansas 0.8% Alberta 0.6%
VOLUME BY STATE OF DESTINATION
lowa 53 0% Minnesota 16.2% Nebraska 12.1%
Illinois 3.4% Missouri 1.7% Wisconsin 1.6%
Ohio 1 1%
TREND; Compared to last week: Early weaned pigs and all feeder pigs
steady. Demand moderate for moderate offerings. Receipts include 41 % for
mulated prices.
Lot Size Total Head Price Range Wtd Avg Price Range Wtd Avg
Per Trade Per Category FOB Seller FOB Delvid Buyer Delvrd
EARLY WEANED PIGS 10 POUNDS BASIS: Estimated 40-54% Lean Value
250 head or less 1.522 22.00-29.18 27.51 j 23.00-30.18 28.43
250-750 11,928 22.50-31.00 27.63 j 25.00-32.00 29.25
750 or more 29,558 24.00-31.50 28.66 I 25.00-32.00 29.93
Total Composite 43,008 22.00-31.50 2833 ; 23.00-32.00 29.69
FEEDER PIGS 40 POUNDS BASIS: Estimated 40-54% Lean Value
250 head or less 165 39.00 39.00 i 45.00
250-750 8,760 35.00-47.00 41.00 i 40.00-50.30
750 or more 16,035 36.00-45.00 42.30 1 40.00-48.45
Total Composite 24,960 35.00-47.00 41.82 i 40.00-5030
FEEDER PIGS 45 POUNDS BASIS: Estimated 40-54% Lean Value
250 head or less 180 46.50 46.50 I 47.50
250-750 450 44.00 44.00 I 45.00
750 or more 7,300 43.00-46.77 45.47 i 45.50-48.87
Total Composite 7,930 43.00-46.77 45.42 I 45.00-48.87
FEEDER PIGS 50 POUNDS BASIS: Estimated 40-54% Lean Value
250 head or les 410 45.00-48.00 46.46 i 46.00-50.00
250-750 2,580 41.00-46.50 44.37 i 43.00-47.63
750 or more 1,000 51.00 51.00 i 52.00
Total Composite 3,990 41.00-51.00 46.25 I 43.00-52.00
FEEDER PIGS 55 POUNDS BASIS: Estimated 40-54% Lean Value
250-750 3,425 43.50-48.00 44.99 I 47.50-50.69
750 or more 5,575 46.50-49.00 47.49 i 50.50-53.00
Total Composite 9,000 43.50-49.00 46.53 i 47.50-53.00
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 30-.40 per
pound. Some early weaned lots have a slide of .50-1.00 per pound. Early weaned pigs
are under 19 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.
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Indiana 10 7%
Nebraska 6.4%
Illinois 1 6%
Wisconsin 0 5%
Indiana 9.7%
Pennsylvania 1 1%
45.00
45.21
45.76
45.56
47.50
45.00
47.72
47.56
47.95
45.88
52.00
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49.35
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Winchester Weekly
Feeder Cattle
Richmond, Va.
May 20,2003
Report Supplied by USDA
WEEKLY AUCTION at Winchester,
May 19 FEEDER CATTLE: 741 head
(181 steers, 401 heifers, 159 bulls). Prices
based on in weights.
FEEDER STEERS: MedVLge. 1:
2200-300 lb 96.50; 300-400 lb
92.50- 406-SOO lb 92.00-103.00;
500-600 lb 90.00-99.00; 600-700 lb
83.50- 700-800 lb 83.00-85.50.
Med Age. 2: 300-400 lb 85.00-92.00;
400-500 lb 84.00-92.00; 500-600 lb
76.00-84.00; 600-700 lb .50-79.50; 700-800
lb 73.00-77.50.
FEEDER HEIFERS: MediLge. 1:
200-300 lb 84.00-86.50; 300-400 lb
85.50- 400-500 lb 83.00-88.25;
500-600 lb 80.00-87.50; 600-700 lb
69.00- 700-800 lb 73.00-75.50;
800-900 lb 62.00. MediLge. 2: 200-300 lb
76.00- 300-400 lb 77.50-86.50;
400-500 lb 72.00-83.50; 500-600 lb
64.50- 700-800 lb 62.00. Small 1:
300-400 ib 73.00-75.00; 500-600 lb
62.00-
FEEDER BULLS: Med.
ge. 1: 200-300 lb 94.00; 300-400 lb
82.00- 400-500 Ib 84.00-94.50;
500-600 Ib 77.00-87.00; 600-700 Ib
72.00- 700-900 lb 74.00. MedTLge..
2: 200-300 lb 77.00; 300-400 Ib
83.00- 400-500 Ib 77.00-85.00;
500-600 Ib 72.50-80.50; 600-700 Ib
64.00-
Staunton Weekly
Feeder Cattle Sale
Richmond, Va.
May 19,2003
Report Supplied By USDA
WEEKLY AUCTION at Staunton, May 16
FEEDER CATTLE: 450 head (300 steers,
125 heifers, 25 bulb). Feeder cattle too few to
trend. Prices per cwt. based on in weights.
FEEDER STEERS: MedTLge. 1: 300-400 lb
90.00- 400-500 lb 86.00-96.00; 600-700 lb
82.00-
FEEDER HEIFERS: Med Age. 1: 200-300 Ib
85.00- 400-500 Ib 82.00-89.00; 500-600 Ib
77.00- 600-700 Ib few 76.00.
FEEDER BULLS; Med Age, I 300-400 Ib
86.00- 500-600 Ib 75.00-83.00.
Lancaster Farming, Saturday, May 24, 2003-Al7
LIVESTOCK FUTURES MARKET
Chicago Mercantile Exchange
Wednesday, May 21,2003
Live Hogs Frozen
Choice Steers Choice Feeders Lean Value Pork Bellies
Today WkAgo Today WkAgo Today WkAgo Today WkAgo
My 03 75.800 76.875 80.575 80.200 97.800 98.100
Jno3 72.900 73.725 65.125 65.600
JlO3 69.800 69.950 65.600 65.625 93.000 93.425
Auo3 68.825 69.075 83.900 84.350 65.550 65.150 89.475 90 300
SO3 84.400 84.800 -
003 69.750 70.200 84.425 84.900 55.200 55.525
NO3 84.800 85.450
DO3 72.500 73.125 - 53.800 53.625
JO4 84.000 85.000 78.500 79.700
FO4 74.000 74.700 57.500 56.825
Mro4 83.450 83.900 77.800 79.600
Apo4 75.150 75.650 83.450 83.900 59.800 59.925
My 04 61.950 -
Jno4 69.700 70.900 64.875 64.700
Weekly Meat Production Under Federal Inspection
WASHINGTON, D.C., May 16 - (USDA-NASS) - Total red meat pro
duction under federal inspection for the week ending Saturday, May 17,
was estimated at 910.9 million lbs, according to the USDA's Agricultural
Marketing Service. This was 0.8 percent higher than a week ago and 1 r 4
percent higher than a year ago. Cumulative meat production for the year
to date was 0.8 percent lower compared to the previous year.
MEAT PRODUCTION (million pounds)
(excludes condemned)
Week Ending (1) Beef Cali/Veal Pork (2) Lamb/Mutton Totals (3)
17- 543.2 3.5 361.1 3.1 910.9
10-May-03 524.4 3.4 372.4 3.4 903.6
Change: 3.6% 2.9% -3.0% -8.8% 0.8%
18- 521.4 3.2 369.8 3,8 898.2
Change: 4.2% 9.4% -2.4% -18.4% 1.4%
2003 YTD; 9,640.7 72 8 7,736.7 74.0 17,164.2
2002 YTD 9,809.0 69.5 7,339.9 84.8 17,303.2
Change: -1.7% 4 8% 0.5% -12.8% -0.8%
1- Previous week estimates may be revised. Year ago data are actuals.
2- Excludes lard.
3- Totals may not add due to rounding. 2003 totals are subject to revision.
UVESTOCK SLAUGH
Week Ending Cattle Calves/Vealers Hogs Sheep/Lambs
17- 749,000 17,000 1,811,000 47,000
10-May-03 722,000 17,000 1,866,000 53,000
Change 3.7% 0.0% -2.9% -11.3%
18- -02 700,000 16,000 1,859,000 54,000
Change: 7.0% 6.3% -2.6% -13.0%
2003 YTD; 12,873,000 384,000 36,996,000 1,087,000
2002 YTD: 12,996,000 357,000 36,990,000 1,220,000
Change: -0.9% 7 6% 0.0% -10.9%
avenge' Wights
Week Ending; LIVE: Cattle Calves/Vealers Hogs Sheep/Lamb
17- Estimate 1206 341 268 132
10-May-03 Estimate 1208 335 269 130
18- -02 Actual 1226 330 268 141
DRESSED:
17-May-03 Estimate 729 209 200 67
10-May-03 Estimate 730 205 200 65
18 : May : 02 Actual 748 202 200 70
PERCENTAGE OF TOTAL SLAUGHTERED BY CLASS
CATTLE HOGS
Wk Ending Steers Heifers Cows Bulls/Stags Barrows/Gilts Sows Boars/Stags
03- 51.3% 31.0% 15.9% 1.8% 96.5% 3.2% 03%
04- 53.7% 31.0% 13.8% 1.6% 96.5% 32% 0.3%
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