LM_HG206 ***RESENDING FOR CORRECTIONS ON WHOLE REPORT***
Des Moines, Iowa Wed, Oct 10, 2018 USDA Market News
IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 10, 2018
(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 6,241 6,241 10,189 11,544
Other Market Formula (Futures/Options) 21,326 21,326 43,825 23,123
Swine or Pork Market Formula 64,825 64,825 68,901 70,677
Other Purchase Arrangement 27,377 27,377 30,857 19,969
Negotiated Formula 0 0 0 0
Packer Sold (all purchase types) 5,348 5,348 5,450 8,748
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,560
Compared to Prior Day's closing weighted average (LM_HG204), 1.16 lower
Base Price Rng $59.00 - $64.00, Wtd Avg $62.36, 5 Day Rolling Avg $63.39
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,560
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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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# -30.00-10.00 175# -3.00 1.00 205# 0.00 3.00
155# -30.00 -6.30 185# -0.25 2.00 215# -0.25 3.00
165# -15.00 -3.37 195# 0.00 3.00 225# -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): 79,797
Base Price Range $61.69 - $74.43, Weighted Average $66.98
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,290
Compared to Prior Day's closing weighted average (LM_HG204), 2.14 lower
Price Rng $42.00 - $50.50, Wtd Avg $46.58, 5 Day Rolling Avg $47.81
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 779
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 2,069
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 106,525 Minnesota 47,355
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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
1500C
.Iowa/Minnesota Daily Direct Hogs Afternoon