Cattle.com

Iowa/Minnesota Daily Direct Prior Day Hog - Purchased Swine

Last Updated 6/21/2019 | View 1486 Archived Reports

LM_HG204
Des Moines, Iowa                Fri, Jun 21, 2019               USDA Market News

IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, June 20, 2019

                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                1,471           5,202          3,595
  Other Market Formula (Futures/Options)   19,583          21,815         13,645
  Swine or Pork Market Formula             82,425          79,136         64,528
  Other Purchase Arrangement               36,477          31,320         29,155
  Negotiated Formula                          143               0          1,256
Packer Sold (all purchase types)            6,008           5,057          5,061
--------------------------------------------------------------------------------
                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           836    19,583     81,860    36,477           0    138,756
  Base Price             *     79.25      76.09     77.66           *      76.49
Packer Sold
  Head Count                                                               6,008
  Base Price                                                               78.58
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 1,661

*Price not reported due to confidentiality* 5 Day Rolling Avg $76.84
----------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0                     5 Day Rolling Avg $--
----------------------------------------------------------------------------------
          COMBINED NEGOTIATED & FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 1,661

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
----------------------------------------------------------------------------------
           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*
--------------------------------------------------------------------------------
                          CARCASS WEIGHT DIFFERENTIALS

*Price not reported due to confidentiality*
---------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

*Price not reported due to confidentiality*
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 83,646

Base Price Range $67.00 - $82.74, Weighted Average $76.11
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 274

Compared to Prior Day's closing weighted average (LM_HG204), 0.78 higher

Price Rng $53.61 - $61.75, Wtd Avg $59.44, 5 Day Rolling Avg $58.97
---------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 143

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
---------------------------------------------------------------------------------
          COMBINED NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs):  417

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
---------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                101,489             Minnesota             44,618
--------------------------------------------------------------------------------
*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
0800C


.