USDA IA/MN Daily Direct Hogs (AM) 07/18 11:15
LM_HG205
Des Moines, Iowa Thu, Jul 18, 2019 USDA Market News
IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, July 18, 2019
(Includes information from 1:30 PM to 9:30 AM.)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 2,520 768 480 1,144
Other Market Formula (Futures/Options) 12,506 12,506 14,947 7,981
Swine or Pork Market Formula 48,734 47,102 51,851 45,177
Other Purchase Arrangement 20,880 20,880 19,810 22,247
Negotiated Formula 0 0 0 0
Packer Sold (all purchase types) 4,335 4,335 3,025 1,695
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 7,530
Compared to Prior Day's closing weighted average (LM_HG204), 1.06 higher
Base Price Rng $68.00 - $76.00, Wtd Avg $74.29, 5 Day Rolling Avg $72.03
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 7,530
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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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
*Price not reported due to confidentiality*
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00-15.00 175# -4.00 0.00 205# 0.00 0.00
155# -27.75 -9.00 185# -1.00 0.00 215# -0.25 0.00
165# -15.00 -5.00 195# -0.50 0.00 225# -2.25 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
*Price not reported due to confidentiality*
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 52,889
Base Price Range $65.52 - $76.36, Weighted Average $71.03
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 476
Compared to Prior Day's closing weighted average (LM_HG204), 0.02 higher
Price Rng $49.00 - $56.00, Wtd Avg $54.74, 5 Day Rolling Avg $53.07
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 476
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 70,387 Minnesota 32,716
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*Price not reported due to confidentiality, for more information visit:
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf
*Base Price is the price from which no discounts are subtracted and no premiums
are added.
Source: USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
515-284-4460 email: desm.lpgmn@ams.usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/market-news/livestock-poultry-grain
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