LM_HG204 Des Moines, Iowa Thu, Jul 18, 2019 USDA Market News IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, July 17, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 4,384 2,132 4,383 Other Market Formula (Futures/Options) 20,258 25,523 18,840 Swine or Pork Market Formula 66,612 69,989 81,940 Other Purchase Arrangement 33,108 32,013 44,269 Negotiated Formula 0 0 1,025 Packer Sold (all purchase types) 13,054 10,509 9,393 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 3,601 20,258 65,228 33,048 0 122,135 Base Price 72.95 77.82 69.81 72.65 * 72.00 Packer Sold Head Count 13,031 Base Price 72.78 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,316 Compared to Prior Day's closing weighted average (LM_HG204), 2.62 higher Base Price Rng $67.00 - $75.00, Wtd Avg $73.23, 5 Day Rolling Avg $71.35 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- ---------------------------------------------------------------------------------- COMBINED NEGOTIATED & FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,316 *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# -32.00-13.32 175# -4.00 0.00 205# 0.00 0.00 155# -27.75 -7.40 185# -1.00 0.00 215# -0.25 0.00 165# -15.00 -4.44 195# -0.50 0.00 225# -2.25 0.00 -------------------------------------------------------------------------------- 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): 67,171 Base Price Range $65.03 - $76.36, Weighted Average $69.84 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 518 Compared to Prior Day's closing weighted average (LM_HG204), 2.92 higher Price Rng $51.00 - $56.00, Wtd Avg $54.72, 5 Day Rolling Avg $52.69 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 518 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 97,359 Minnesota 40,057 -------------------------------------------------------------------------------- *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. ** Futures/Options 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 0800C .