Iowa/Minnesota Daily Direct Hogs Afternoon USDA - Tue Feb 12, 3:10PM CST LM_HG206
Des Moines, Iowa Tue, Feb 12, 2019 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Tuesday, February 12, 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 8,634 8,634 3,538 6,162
Other Market Formula (Futures/Options) 24,721 24,721 13,985 11,572
Swine or Pork Market Formula 75,041 75,041 77,195 69,902
Other Purchase Arrangement 15,647 15,647 20,834 28,672
Negotiated Formula 0 0 0 0
Packer Sold (all purchase types) 4,329 4,329 4,188 4,314
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 10,301
Compared to Prior Day's closing weighted average (LM_HG204), 0.56 lower
Base Price Rng $45.00 - $49.00, Wtd Avg $48.04, 5 Day Rolling Avg $48.54
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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): 10,301
*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# -1.75 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): 87,864
Base Price Range $46.47 - $61.41, Weighted Average $53.64
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 50
*Price not reported due to confidentiality* 5 Day Rolling Avg $39.14
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 775
*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): 825
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 106,615 Minnesota 48,951
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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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