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
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