USDA IA/MN Daily Direct Hogs (AM)
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10/20 10:43 AM
USDA IA/MN Daily Direct Hogs (AM) 10/20 10:35 LM_HG205 Des Moines, IA Tue, Oct 20, 2020 IOWA/MINNESOTA DAILY DIRECT HOGS MORNING CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 3,318 2,318 Other Market Formula 11,676 11,676 Swine/Pork Market Formula 53,150 52,470 Other Purchase Arrangement 23,793 23,793 Negotiated Formula Pack. Sold (all purchase types) 4,283 3,883 -------------------------------------------------------------------------------- NEGOTIATED (CARCASS BASIS) Barrows & Gilts (carcass basis): Wtd Avg $64.31 , 5 Day Rolling Avg $63.89 -------------------------------------------------------------------------------- NEGOTIATED FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED/NEGOTIATED FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE/PORK MARKET FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): 61,772 Base Price Rng $61.61 - $92.60 , Wtd Avg $78.72 -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -14.62 175# -6.60 1.00 205# .00 3.00 155# -30.00 -9.60 185# -.25 1.50 215# -.25 3.00 165# -15.00 -3.37 195# .00 3.00 225# -2.25 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED -------------------------------------------------------------------------------- NEGOTIATED (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED FORMULA (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED/NEGOTIATED FORMULA (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 64,595 Minnesota 41,246 --------------------------------------------------------------------------------
 
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