LM_HG206
Des Moines, Iowa Wed, Nov 28, 2018 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, November 28, 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 5,755 5,755 4,179 8,985
Other Market Formula (Futures/Options) 15,009 15,009 16,489 18,788
Swine or Pork Market Formula 68,234 68,234 45,879 68,497
Other Purchase Arrangement 27,250 27,250 32,294 24,818
Negotiated Formula 0 0 0 0
Packer Sold (all purchase types) 6,735 6,735 4,710 8,565
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,611
Compared to Prior Day's closing weighted average (LM_HG204), 0.49 higher
Base Price Rng $45.00 - $50.50, Wtd Avg $49.34, 5 Day Rolling Avg $49.22
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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): 5,611
*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# -30.00 -9.00 175# -1.75 1.00 205# 0.00 3.00
155# -30.00 -5.00 185# -0.25 2.00 215# -0.25 3.00
165# -15.00 -3.00 195# 0.00 3.00 225# -2.25 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): 80,115
Base Price Range $47.11 - $63.74, Weighted Average $53.75
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 61
*Price not reported due to confidentiality* 5 Day Rolling Avg $40.33
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 945
*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): 1,006
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 100,805 Minnesota 42,137
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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
1500C
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