CO_LS255
Columbia, SC     Fri May 24, 2002     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 May 24

RECEIPTS THIS WEEK: 30,664    LAST WEEK: 38,192
TRENDS COMPARED TO LAST WEEK:  Early weaned pigs and 40-50 pound feeder pigs
steady to 5.00 per head lower. Demand very light for moderate to heavy
offerings. Receipts include 18,427 head shipped to Iowa and Central US.



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   1362        10.50-26.08          $20.68
250-750            3997        21.00-30.00          $26.61
750 or more        7615         9.00-30.00          $20.60
Total Composite   12974         9.00-30.00          $22.46

FEEDER PIGS 40 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE
250-750            2108        23.00-40.50          $35.40
750 or more        6052        34.00-42.00          $40.61
Total Composite    8160        23.00-42.00          $39.27

FEEDER PIGS 45 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE
250-750             895        23.00-33.58          $28.91
750 or more        4800        33.58-33.58          $33.58
Total Composite    5695        23.00-33.58          $32.85

FEEDER PIGS 50 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE
250-750            1885        33.30-39.00          $35.27
750 or more         750        22.00-22.00          $22.00
Total Composite    2635        22.00-39.00          $31.49

FEEDER PIGS 55 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE
750 or more        1200        27.00-27.00          $27.00
Total Composite    1200        27.00-27.00          $27.00

+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, 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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