BC-USDA-Iowa-Daily Hogs

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LMHG206
Des Moines, Iowa Mon, Apr 16, 2018 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, April 16, 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 2,697 2,697 3,716 2,405
Other Market Formula (Futures/Options) 12,870 12,870 12,506 6,103
Swine or Pork Market Formula 81,233 81,233 98,418 59,722
Other Purchase Arrangement 114,357 114,357 122,146 77,007
Negotiated Formula 0 0 100 0
Packer Sold (all purchase types) 6,327 6,327 6,468 5,508
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,503
Compared to Prior Day's closing weighted average (LMHG204), 0.16 higher
Base Price Rng $44.00 - $53.00, Wtd Avg $51.68, 5 Day Rolling Avg $49.00
--------------------------------------------------------------------------------
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): 2,503
*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 -9.45 175# -3.00 1.00 205# 0.00 3.00
155# -30.00 -5.25 185# -0.25 1.50 215# -0.25 3.00
165# -15.00 -3.15 195# 0.00 3.00 225# -2.25 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): 99,157
Base Price Range $45.85 - $62.39, Weighted Average $52.64
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 571
*Price not reported due to confidentiality* 5 Day Rolling Avg $38.74
--------------------------------------------------------------------------------
NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 596
*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): 1,167
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 218,840 Minnesota 51,551
--------------------------------------------------------------------------------
*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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