USDA IA/MN Daily Direct Hogs (PM)
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4/23 3:05 PM
USDA IA/MN Daily Direct Hogs (PM) 04/23 15:05 LM_HG206 Des Moines, Iowa Tue, Apr 23, 2019 USDA Market News IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 23, 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 594 594 4,268 3,684 Other Market Formula (Futures/Options) 30,769 30,769 22,633 13,106 Swine or Pork Market Formula 74,364 74,364 73,713 67,953 Other Purchase Arrangement 32,906 32,906 20,335 32,100 Negotiated Formula 0 0 0 0 Packer Sold (all purchase types) 5,708 5,708 5,283 6,359 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,650 Compared to Prior Day's closing weighted average (LM_HG204), 0.50 higher Base Price Rng $77.00 - $83.00, Wtd Avg $82.01, 5 Day Rolling Avg $80.52 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,650 *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 145# -27.75-10.00 175# -3.00 0.00 205# 0.00 2.00 155# -27.75 -7.95 185# -0.25 2.00 215# -0.25 2.00 165# -15.00 -4.77 195# 0.00 2.00 225# -2.39 2.00 -------------------------------------------------------------------------------- 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): 83,029 Base Price Range $75.89 - $85.15, Weighted Average $80.68 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 199 Compared to Prior Day's closing weighted average (LM_HG204), 0.95 higher Price Rng $60.00 - $64.00, Wtd Avg $62.70, 5 Day Rolling Avg $61.93 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 298 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 497 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 119,868 Minnesota 47,552 -------------------------------------------------------------------------------- *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 1500C
 
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