USDA IA/MN Daily Direct Hogs (AM)
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8/06 10:45 AM
USDA IA/MN Daily Direct Hogs (AM) 08/06 10:45 LM_HG205 Des Moines, IA Thu, Aug 06, 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 2,794 1,017 Other Market Formula 9,677 9,677 Swine/Pork Market Formula 52,456 50,654 Other Purchase Arrangement 23,519 23,179 Negotiated Formula Pack. Sold (all purchase types) 4,575 3,725 -------------------------------------------------------------------------------- NEGOTIATED (CARCASS BASIS) Barrows & Gilts (carcass basis): Wtd Avg $38.53 , 5 Day Rolling Avg $40.43 -------------------------------------------------------------------------------- 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): 64,098 Base Price Rng $37.93 - $62.20 , Wtd Avg $51.23 -------------------------------------------------------------------------------- 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 -14.62 175# -3.00 -1.35 205# .00 .00 155# -27.75 -9.00 185# -.25 .00 215# -.25 .00 165# -15.00 -3.37 195# .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 66,061 Minnesota 38,184 --------------------------------------------------------------------------------
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