LM_HG206
Des Moines, Iowa Fri, May 10, 2019 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, May 10, 2019
(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 6,452 6,452 1,797 1,080
Other Market Formula (Futures/Options) 9,770 9,770 17,256 14,233
Swine or Pork Market Formula 67,596 67,596 71,167 73,196
Other Purchase Arrangement 17,331 17,331 38,216 35,497
Negotiated Formula 330 330 0 170
Packer Sold (all purchase types) 2,268 2,268 3,072 4,566
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,955
Compared to Prior Day's closing weighted average (LM_HG204), 0.07 lower
Base Price Rng $72.00 - $84.00, Wtd Avg $82.63, 5 Day Rolling Avg $80.91
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 330
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 7,285
*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# -30.00-10.00 175# -1.75 1.00 205# 0.00 3.00
155# -30.00 -7.35 185# -0.25 2.00 215# -0.25 3.00
165# -15.00 -3.37 195# 0.00 3.00 225# -2.43 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): 75,650
Base Price Range $74.05 - $85.19, Weighted Average $80.69
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 462
Compared to Prior Day's closing weighted average (LM_HG204), 0.56 higher
Price Rng $60.00 - $63.25, Wtd Avg $62.36, 5 Day Rolling Avg $62.14
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 170
*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): 632
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 76,264 Minnesota 44,860
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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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