LM_HG205
Des Moines, Iowa Mon, Jul 08, 2019 USDA Market News
IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, July 8, 2019
(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 2,235 215 809 1,685
Other Market Formula (Futures/Options) 20,339 20,339 12,757 9,918
Swine or Pork Market Formula 62,856 61,448 51,421 51,105
Other Purchase Arrangement 49,014 49,014 28,395 49,145
Negotiated Formula 0 0 0 0
Packer Sold (all purchase types) 775 775 2,930 3,135
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 2,800
*Price not reported due to confidentiality* 5 Day Rolling Avg $68.19
--------------------------------------------------------------------------------
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): 2,800
*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
*Price not reported due to confidentiality*
---------------------------------------------------------------------------------
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): 70,117
Base Price Range $60.86 - $73.55, Weighted Average $68.56
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 357
Compared to Prior Day's closing weighted average (LM_HG204), no comparison
Price Rng $49.50 - $53.65, Wtd Avg $52.41, 5 Day Rolling Avg $52.24
--------------------------------------------------------------------------------
NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 357
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 112,084 Minnesota 48,611
--------------------------------------------------------------------------------
*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
1100C