Iowa/Minnesota Daily Direct Hogs - Morning

LM_HG205
Des Moines, Iowa Thu, Dec 06, 2018 USDA Market News

IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, December 6, 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 4,508 3,198 1,260 4,131
Other Market Formula (Futures/Options) 10,786 10,281 9,792 7,031
Swine or Pork Market Formula 54,779 51,662 50,071 53,055
Other Purchase Arrangement 21,694 21,694 26,795 16,528
Negotiated Formula 0 0 0 340
Packer Sold (all purchase types) 3,730 3,730 3,585 5,624
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,413

Compared to Prior Day's closing weighted average (LM_HG204), 0.53 higher

Base Price Rng $44.00 - $48.25, Wtd Avg $47.38, 5 Day Rolling Avg $47.87
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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): 2,413

*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 -8.69 175# -1.75 0.00 205# 0.00 0.00
155# -27.75 -4.83 185# -0.25 0.00 215# -0.25 0.00
165# -15.00 -2.90 195# 0.00 0.00 225# -2.25 -1.33
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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): 58,449

Base Price Range $44.59 - $66.82, Weighted Average $55.02
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 490

*Price not reported due to confidentiality* 5 Day Rolling Avg $37.65
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 768

*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): 1,258

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

Iowa 76,810 Minnesota 34,661
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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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