USDA IA/MN Daily Direct Hogs (AM) 12/17 12:20
LM_HG205
Des Moines, Iowa Mon, Dec 17, 2018 USDA Market News
IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, December 17, 2018
(Includes information from 1:30 PM to 9:30 AM.)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 5,146 3,146 2,174 4,068
Other Market Formula (Futures/Options) 11,263 11,078 13,869 12,137
Swine or Pork Market Formula 80,064 77,525 70,129 77,305
Other Purchase Arrangement 105,897 105,897 124,399 104,371
Negotiated Formula 0 0 0 345
Packer Sold (all purchase types) 5,492 5,492 4,663 9,803
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,160
Compared to Prior Day's closing weighted average (LM_HG204), 0.65 lower
Base Price Rng $41.00 - $46.00, Wtd Avg $45.61, 5 Day Rolling Avg $46.30
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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): 2,160
*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# -27.75-14.62 175# -3.00 -1.35 205# 0.00 0.00
155# -27.75 -9.00 185# -0.25 0.00 215# -0.25 0.00
165# -15.00 -3.37 195# 0.00 0.00 225# -2.25 0.00
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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): 97,899
Base Price Range $44.17 - $68.12, Weighted Average $55.26
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 767
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 325
*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): 1,092
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 203,836 Minnesota 49,624
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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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