USDA IA/MN Daily Direct Hogs (PM) 01/22 14:45
LM_HG206
Des Moines, Iowa Wed, Jan 22, 2020 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, January 22, 2020
(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 5,042 5,042 6,897 6,154
Other Market Formula (Futures/Options) 12,719 12,719 17,377 13,108
Swine or Pork Market Formula 64,736 64,736 60,962 79,958
Other Purchase Arrangement 48,755 48,755 30,897 20,757
Negotiated Formula 0 0 0 0
Packer Sold (all purchase types) 5,275 5,275 5,483 3,842
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis):
Compared to Prior Day's closing weighted average (LM_HG204), 0.18 lower
Wtd Avg $51.97, 5 Day Rolling Avg $51.69
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis):
*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):
*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 -9.45 175# -4.00 1.00 205# 0.00 3.00
155# -30.00 -5.25 185# -1.00 2.00 215# -0.25 3.00
165# -15.00 -3.15 195# -0.50 3.00 225# -2.25 2.00
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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): 70,913
Base Price Range $49.85 - $73.75, Weighted Average $61.53
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs):
Compared to Prior Day's closing weighted average (LM_HG204), 0.99 higher
Wtd Avg $41.60, 5 Day Rolling Avg $40.45
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs):
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs):
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 102,173 Minnesota 47,873
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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
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