Iowa/Minnesota Daily Direct Prior Day Purchased Swine USDA - Tue Feb 12, 8:31AM CST LM_HG204
Des Moines, Iowa Tue, Feb 12, 2019 USDA Market News
IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, February 11, 2019
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 5,650 3,045 5,451
Other Market Formula (Futures/Options) 19,631 22,331 14,967
Swine or Pork Market Formula 88,133 82,733 78,554
Other Purchase Arrangement 122,864 127,099 97,356
Negotiated Formula 1,141 2,715 208
Packer Sold (all purchase types) 6,516 8,410 8,985
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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 5,405 19,631 87,277 122,864 0 235,177
Base Price 48.60 54.26 53.96 66.57 * 60.45
Packer Sold
Head Count 6,516
Base Price 52.23
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,405
Compared to Prior Day's closing weighted average (LM_HG204), 0.49 lower
Base Price Rng $45.00 - $49.00, Wtd Avg $48.60, 5 Day Rolling Avg $49.24
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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 & FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,405
*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# -30.00 -8.19 175# -3.00 1.00 205# 0.00 3.00
155# -30.00 -4.55 185# -0.25 2.00 215# -0.25 3.00
165# -15.00 -2.73 195# 0.00 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): 90,832
Base Price Range $47.06 - $61.41, Weighted Average $53.88
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 245
Compared to Prior Day's closing weighted average (LM_HG204), 1.11 lower
Price Rng $36.00 - $39.10, Wtd Avg $37.87, 5 Day Rolling Avg $39.20
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,141
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,386
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 195,930 Minnesota 48,005
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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.
** Futures/Options
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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