USDA IA/MN Daily Direct Hogs (AM)
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10/22 10:51 AM
USDA IA/MN Daily Direct Hogs (AM) 10/22 10:35 LM_HG205 Des Moines, IA Thu, Oct 22, 2020 IOWA/MINNESOTA DAILY DIRECT HOGS MORNING CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 3,080 1,330 Other Market Formula 15,149 15,149 Swine/Pork Market Formula 58,989 58,569 Other Purchase Arrangement 24,848 24,678 Negotiated Formula Pack. Sold (all purchase types) 5,741 4,900 -------------------------------------------------------------------------------- NEGOTIATED (CARCASS BASIS) Barrows & Gilts (carcass basis): Wtd Avg $63.51 , 5 Day Rolling Avg $64.08 -------------------------------------------------------------------------------- NEGOTIATED FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED/NEGOTIATED FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE/PORK MARKET FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): 69,162 Base Price Rng $60.78 - $90.95 , Wtd Avg $78.48 -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -27.75 -14.62 175# -3.00 .00 205# .00 .00 155# -27.75 -9.00 185# -.25 .00 215# -.25 .00 165# -15.00 -3.37 195# .00 .00 225# -2.25 .00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED -------------------------------------------------------------------------------- NEGOTIATED (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED FORMULA (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED/NEGOTIATED FORMULA (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 95,132 Minnesota 40,537 --------------------------------------------------------------------------------
 
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