USDA IA/MN Daily Purchased Swine
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12/31 8:30 AM
USDA IA/MN Daily Purchased Swine 12/31 07:30 LM_HG204 Des Moines, IA Thu, Dec 31, 2020 IOWA/MINNESOTA DAILY DIRECT PRIOR DAY PURCHASED SWINE CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 5,213 Other Market Formula 14,508 Swine/Pork Market Formula 63,885 Other Purchase Arrangement 25,740 Negotiated Formula Pack. Sold (all purchase types) 11,640 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 5,213 14,508 63,608 25,740 Base Price 50.18 63.12 59.32 62.25 Packer Sold Head Count 11,640 Base Price 58.19 -------------------------------------------------------------------------------- NEGOTIATED (CARCASS BASIS) Barrows & Gilts (carcass basis): Wtd Avg $50.08 -------------------------------------------------------------------------------- NEGOTIATED FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED/NEGOTIATED FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE/PORK MARKET FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): 73,602 Base Price Rng $48.93 - $70.42 , Wtd Avg $59.00 -------------------------------------------------------------------------------- IOWA/MINNESOTA DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS based on both Fat and Muscle Measurements for a 200 lb Carcass Basis -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -12.25 175# -5.00 1.00 205# .00 3.00 155# -30.00 -7.35 185# -1.50 1.50 215# -.25 3.00 165# -15.00 -4.90 195# .00 3.00 225# -2.25 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED -------------------------------------------------------------------------------- NEGOTIATED (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED FORMULA (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED/NEGOTIATED FORMULA (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 84,764 Minnesota 36,732 --------------------------------------------------------------------------------
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