Iowa/Minnesota Daily Direct Hogs Morning
LM_HG205
Des Moines, Iowa                Tue, Aug 13, 2019               USDA Market News

IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Tuesday, August 13, 2019
(Includes information from 1:30 PM to 9:30 AM.)

                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS

                                      Estimated     Actual     Actual     Actual
                                          Today      Today   Week Ago   Year Ago
Producer Sold
Negotiated                                2,277        527      1,038        288
Other Market Formula (Futures/Options)   12,368     12,339     14,880     14,352
Swine or Pork Market Formula             51,782     50,733     48,719     53,736
Other Purchase Arrangement               37,172     35,660     25,856     28,090
Negotiated Formula                            0          0          0          0
Packer Sold (all purchase types)          2,475      2,475      5,399      2,040
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):  

Compared to Prior Day's closing weighted average (LM_HG204), 0.69 higher

Wtd Avg $70.10 
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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#   -30.00-10.00          175#   -1.75  1.00          205#    0.00  3.00
    155#   -30.00-10.00          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): 57,536

Base Price Range $69.57 - $86.10, Weighted Average $78.12
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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                 73,869               Minnesota             41,335
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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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