Iowa/Minnesota Daily Direct Hogs Afternoon
USDA - Fri Aug 23, 10:43AM CDT
LM_HG206
Des Moines, Iowa                Fri, Aug 23, 2019               USDA Market News

IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, August 23, 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                                4,908      4,908      3,063      1,970
Other Market Formula (Futures/Options)   23,053     23,053    160,782     14,369
Swine or Pork Market Formula             70,552     70,552     79,208     83,014
Other Purchase Arrangement               34,071     34,071     40,177     30,266
Negotiated Formula                            0          0          0          0
Packer Sold (all purchase types)            849        849      1,839      2,861
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 

Compared to Prior Day's closing weighted average (LM_HG204), 1.59 lower

Wtd Avg $63.88
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 

*Price not reported due to confidentiality* 
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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#   -27.75-10.00          175#   -1.75  0.00          205#    0.00  2.00
    155#   -27.75 -6.45          185#   -0.25  2.00          215#   -0.25  2.00
    165#   -15.00 -3.37          195#    0.00  2.00          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): 76,785

Base Price Range $63.26 - $79.53, Weighted Average $71.59
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 

*Price not reported due to confidentiality* 
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 
--------------------------------------------------------------------------------
    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 

*Price not reported due to confidentiality* 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                 98,778               Minnesota             49,227
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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

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