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Iowa/Minnesota Daily Direct Hogs Afternoon USDA - Fri Feb 08, 3:02PM CST LM_HG206
Des Moines, Iowa Fri, Feb 08, 2019 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, February 8, 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 2,986 2,986 4,982 2,305
Other Market Formula (Futures/Options) 15,512 15,512 16,040 17,508
Swine or Pork Market Formula 88,373 88,373 102,651 77,426
Other Purchase Arrangement 30,370 30,370 33,670 39,365
Negotiated Formula 0 0 0 0
Packer Sold (all purchase types) 6,899 6,899 4,623 3,930
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,540
Compared to Prior Day's closing weighted average (LM_HG204), 0.34 higher
Base Price Rng $45.00 - $50.00, Wtd Avg $49.16, 5 Day Rolling Avg $49.57
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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): 2,540
*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 -8.91 175# -1.75 1.00 205# 0.00 3.00
155# -30.00 -4.95 185# -0.25 1.50 215# -0.25 3.00
165# -15.00 -2.97 195# 0.00 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): 100,715
Base Price Range $47.13 - $62.67, Weighted Average $53.73
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 548
*Price not reported due to confidentiality* 5 Day Rolling Avg $40.08
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 966
*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): 1,514
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 121,470 Minnesota 44,098
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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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