USDA IA/MN Daily Direct Hogs (AM)
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7/15 10:43 AM
USDA IA/MN Daily Direct Hogs (AM) 07/15 10:40 LM_HG205 Des Moines, IA Wed, Jul 15, 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 2,962 1,212 Other Market Formula 9,738 9,738 Swine/Pork Market Formula 64,224 62,014 Other Purchase Arrangement 31,608 31,483 Negotiated Formula Pack. Sold (all purchase types) 4,217 3,367 -------------------------------------------------------------------------------- NEGOTIATED (CARCASS BASIS) Barrows & Gilts (carcass basis): Wtd Avg $31.65 , 5 Day Rolling Avg $29.62 -------------------------------------------------------------------------------- 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): 77,552 Base Price Rng $29.22 - $62.84 , Wtd Avg $47.01 -------------------------------------------------------------------------------- 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# -27.75 -13.00 175# -3.25 .00 205# .00 .00 155# -27.75 -10.00 185# -1.50 .00 215# -.25 .00 165# -15.00 -5.00 195# .00 .00 225# -2.25 .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 79,462 Minnesota 43,759 --------------------------------------------------------------------------------
 
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