USDA IA/MN Daily Direct Hogs (PM)
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5/20 2:50 PM
USDA IA/MN Daily Direct Hogs (PM) 05/20 14:50 LM_HG206 Des Moines, Iowa Mon, May 20, 2013 USDA Market News IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Monday, May 20, 2013 (As of 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 2,910 2,004 1,787 2,415 Other Market Formula 18,506 17,071 2,320 19,208 Swine or Pork Market Formula 57,769 45,609 44,397 36,172 Other Purchase Arrangement 74,861 58,006 59,316 31,937 Packer Sold (all purchase types) 5,612 462 1,393 1,520 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,593 Compared to Prior Day's closing weighted average (LM_HG204), 1.37 higher Base Price Range $84.46 - $92.00, Weighted Average $90.57 Base Price is the price from which no discounts are subtracted and no premiums are added. -------------------------------------------------------------------------------- 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# -32.00-15.00 175# -4.00 2.25 205# 0.00 4.50 155# -30.00 -9.00 185# -1.00 4.00 215# 0.00 4.25 165# -15.00 -5.00 195# 0.00 4.50 225# 0.00 1.00 -------------------------------------------------------------------------------- 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): 44,232 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-300 lbs): 1,042 Compared to Prior Day's closing weighted average (LM_HG204), 4.15 higher Price Range $62.50 - $71.00, Weighted Average $70.56 -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 98,561 Minnesota 23,579 -------------------------------------------------------------------------------- *For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines* Source: USDA Market News Service, Des Moines, IA 515-284-4460 email: desm.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/LSMarketNews 1500C .
 
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