USDA IA/MN Daily Direct Hogs (PM) 07/18 15:05
LM_HG206
Des Moines, Iowa Thu, Jul 18, 2019 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, July 18, 2019
(Includes information from 1:30 PM to 1:30 PM.)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 1,200 1,200 1,455 1,824
Other Market Formula (Futures/Options) 18,340 18,340 17,043 10,781
Swine or Pork Market Formula 60,935 60,935 63,262 70,194
Other Purchase Arrangement 28,617 28,617 21,863 24,137
Negotiated Formula 11 11 0 24
Packer Sold (all purchase types) 6,558 6,558 5,261 4,349
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 8,724
Compared to Prior Day's closing weighted average (LM_HG204), 0.97 higher
Base Price Rng $64.00 - $76.50, Wtd Avg $74.20, 5 Day Rolling Avg $72.10
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 11
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 8,735
*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# -32.00-12.51 175# -4.00 1.00 205# 0.00 3.00
155# -30.00 -6.95 185# -1.50 1.50 215# -0.25 3.00
165# -15.00 -3.37 195# -0.50 3.00 225# -2.25 1.00
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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): 67,674
Base Price Range $65.29 - $76.36, Weighted Average $70.30
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 546
Compared to Prior Day's closing weighted average (LM_HG204), 0.01 higher
Price Rng $49.00 - $56.00, Wtd Avg $54.73, 5 Day Rolling Avg $53.13
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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): 546
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 96,064 Minnesota 39,992
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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
1500C
