USDA IA/MN Daily Direct Hogs (PM)
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10/23 2:45 PM
USDA IA/MN Daily Direct Hogs (PM) 10/23 14:40 LM_HG206 Des Moines, IA Fri, Oct 23, 2020 IOWA/MINNESOTA DAILY DIRECT HOGS AFTERNOON CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 1,496 1,496 Other Market Formula 17,220 17,220 Swine/Pork Market Formula 83,305 83,305 Other Purchase Arrangement 30,728 30,728 Negotiated Formula Pack. Sold (all purchase types) 10,350 10,350 -------------------------------------------------------------------------------- NEGOTIATED (CARCASS BASIS) Barrows & Gilts (carcass basis): Wtd Avg $61.06 , 5 Day Rolling Avg $64.24 -------------------------------------------------------------------------------- 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): 100,157 Base Price Rng $60.78 - $91.58 , Wtd Avg $76.36 -------------------------------------------------------------------------------- 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 -5.82 175# -1.75 1.00 205# -2.33 3.00 155# -30.00 .00 185# -.25 1.50 215# -6.99 3.00 165# -15.00 .00 195# -2.33 3.00 225# -6.99 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 104,606 Minnesota 50,616 --------------------------------------------------------------------------------
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