Iowa/Minnesota Daily Direct Hogs - Afternoon

LM_HG206
Des Moines, Iowa Fri, Jan 12, 2018 USDA Market News

IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, January 12, 2018
(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 2,804 2,804 3,929 7,246
Other Market Formula (Futures/Options) 16,141 16,141 16,871 14,872
Swine or Pork Market Formula 68,619 68,619 91,753 81,416
Other Purchase Arrangement 21,398 21,398 28,725 22,780
Negotiated Formula 0 0 180 0
Packer Sold (all purchase types) 4,254 4,254 8,188 8,329
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,482

Compared to Prior Day's closing weighted average (LM_HG204), 1.24 lower

Base Price Rng $63.00 - $71.50, Wtd Avg $69.42, 5 Day Rolling Avg $68.46
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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): 2,482

*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# -32.00-10.00 175# -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 -3.37 195# 0.00 4.50 225# -1.33 2.00
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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): 84,284

Base Price Range $62.37 - $74.71, Weighted Average $70.00
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 465

*Price not reported due to confidentiality* 5 Day Rolling Avg $49.88
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 775

*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): 1,240

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

Iowa 90,348 Minnesota 48,032
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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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