USDA IA/MN Daily Purchased Swine
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10/19 8:40 AM
USDA IA/MN Daily Purchased Swine 10/19 08:40 LM_HG204 ****CORRECTION TO SWINE OR PORK MARKET FORMULA**** Des Moines, Iowa Fri, Oct 19, 2018 USDA Market News IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, October 18, 2018 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 1,817 5,698 7,216 Other Market Formula (Futures/Options) 12,285 21,087 22,004 Swine or Pork Market Formula 86,850 77,838 85,205 Other Purchase Arrangement 33,115 35,955 24,207 Negotiated Formula 737 596 478 Packer Sold (all purchase types) 7,879 7,009 11,887 -------------------------------------------------------------------------------- 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 1,335 12,285 86,041 33,115 0 132,776 Base Price 58.80 56.99 64.55 65.23 * 63.96 Packer Sold Head Count 7,596 Base Price 62.55 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,335 Compared to Prior Day's closing weighted average (LM_HG204), 0.35 lower Base Price Rng $56.00 - $59.50, Wtd Avg $58.80, 5 Day Rolling Avg $59.78 -------------------------------------------------------------------------------- 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): 1,335 *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# -27.75-10.35 175# -3.00 0.00 205# 0.00 0.00 155# -27.75 -5.75 185# -0.25 0.00 215# -0.25 0.00 165# -15.00 -3.45 195# 0.00 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): 90,789 Base Price Range $56.92 - $74.42, Weighted Average $64.43 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 345 *Price not reported due to confidentiality* 5 Day Rolling Avg $47.64 -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,020 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - COMBINED NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,365 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 97,190 Minnesota 45,493 -------------------------------------------------------------------------------- *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 .
 
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