LM_HG204 Des Moines, Iowa Thu, Jan 16, 2020 USDA Market News IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, January 15, 2020 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,495 10,855 5,016 Other Market Formula (Futures/Options) 21,290 14,892 20,053 Swine or Pork Market Formula 66,784 73,371 83,645 Other Purchase Arrangement 40,158 42,176 25,887 Negotiated Formula 0 0 967 Packer Sold (all purchase types) 7,673 6,172 7,619 -------------------------------------------------------------------------------- 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 7,144 21,290 64,584 40,098 0 133,116 Base Price 51.96 66.96 60.18 61.70 * 61.28 Packer Sold Head Count 7,673 Base Price 54.31 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): Compared to Prior Day's closing weighted average (LM_HG204), 0.47 higher Wtd Avg $51.98, 5 Day Rolling Avg $51.49 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- ---------------------------------------------------------------------------------- COMBINED NEGOTIATED & FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *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 -9.18 175# -4.00 1.00 205# 0.00 3.00 155# -30.00 -5.10 185# -1.00 1.50 215# -0.25 3.00 165# -15.00 -3.06 195# -0.50 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): 66,568 Base Price Range $49.18 - $69.46, Weighted Average $60.03 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* 5 Day Rolling Avg $39.32 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 95,826 Minnesota 47,574 -------------------------------------------------------------------------------- *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 .