BC-USDA-Iowa-Daily Hogs

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LMHG206
Des Moines, Iowa Fri, Feb 09, 2018 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, February 9, 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 2,305 2,305 4,453 3,041
Other Market Formula (Futures/Options) 17,508 17,508 12,350 11,115
Swine or Pork Market Formula 77,426 77,426 68,143 80,874
Other Purchase Arrangement 39,365 39,365 30,621 23,349
Negotiated Formula 0 0 0 0
Packer Sold (all purchase types) 3,930 3,930 1,980 6,827
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,697
Compared to Prior Day's closing weighted average (LMHG204), 0.27 lower
Base Price Rng $61.00 - $72.50, Wtd Avg $70.10, 5 Day Rolling Avg $71.89
--------------------------------------------------------------------------------
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): 2,697
*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# -30.00-10.00 175# -3.00 1.00 205# 0.00 3.00
155# -30.00 -9.00 185# -0.25 2.00 215# -0.25 3.00
165# -15.00 -3.37 195# 0.00 3.00 225# -2.25 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): 92,736
Base Price Range $65.74 - $77.52, Weighted Average $71.90
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 744
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,225
*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): 1,969
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 121,752 Minnesota 45,463
--------------------------------------------------------------------------------
*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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