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mikey

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North American Daily/Weekly Hog Report:Prices
« on: August 02, 2009, 08:06:28 AM »
Daily Hog Report
Have this report emailed to youBookmark this pageSlaughter Date: Wednesday, July 29th, 2009. (Updated for Wednesday - Friday)
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$40.93/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$42.68)   - US$106.69/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.0889
Value of a 250 lb hog in Canadian dollars   - C$116.18/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$52.81/cwt OR
    - C$116.42/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, July 22nd           - C$124.69/100kg
Average price: week of July 20th – 24th       - C$124.83/100kg
 
 



mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #1 on: August 07, 2009, 08:44:17 AM »
Daily Hog Report
Have this report emailed to youBookmark this pageSlaughter Date: Wednesday, August 5th, 2009. 
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$37.46/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$39.21)   - US$98.03/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.0720
Value of a 250 lb hog in Canadian dollars   - C$105.09/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$47.77/cwt OR
    - C$105.31/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, July 29th          - C$116.42/100kg
Average price: week of July 27th – 31st       - C$116.15/100kg
 
 



mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #2 on: August 09, 2009, 07:04:46 AM »
Slaughter Date: Thursday, August 6th, 2009. (Updated for Thursday and Friday)
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$37.21/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$38.96)   - US$97.39/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.0759
Value of a 250 lb hog in Canadian dollars   - C$104.79/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$47.63/cwt OR
    - C$105.00/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, July 30th          - C$113.82/100kg
Average price: week of August 3rd – 7th       - C$105.83/100kg
 
 

mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #3 on: August 13, 2009, 08:32:32 AM »
Slaughter Date: Tuesday, August 11th, 2009. 
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$34.16/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$35.91)   - US$89.78/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.0988
Value of a 250 lb hog in Canadian dollars   - C$98.65/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$44.84/cwt OR
    - C$98.86/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, August 4th           - C$106.50/100kg
Average price: week of August 3rd – 7th       - C$105.83/100kg
 
 

mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #4 on: August 16, 2009, 07:38:25 AM »
Slaughter Date: Wednesday, August 12th, 2009. 
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$33.99/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$35.74)   - US$89.35/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.0875
Value of a 250 lb hog in Canadian dollars   - C$97.17/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$44.17/cwt OR
    - C$97.37/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, August 5th           - C$105.31/100kg
Average price: week of August 3rd – 7th       - C$105.83/100kg
 
 

mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #5 on: August 25, 2009, 12:16:58 PM »
Slaughter Date:  Friday, August 21st, 2009. 
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$34.77/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$36.52)   - US$91.30/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.0799
Value of a 250 lb hog in Canadian dollars   - C$98.59/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$44.82/cwt OR
    - C$98.80/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, August 14th           - C$100.23/100kg
Average price: week of August 17th – 21st       - C$101.11/100kg
 
 

mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #6 on: August 29, 2009, 07:59:06 AM »
Daily Hog Report  Wednesday, August 26th, 2009. (Updated for Wednesday and Thursday)
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$34.05/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$35.80)   - US$89.50/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.0991
Value of a 250 lb hog in Canadian dollars   - C$98.37/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$44.71/cwt OR
    - C$98.57/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, August 19th           - C$101.96/100kg
Average price: week of August 17th – 21st       - C$101.11/100kg
 
 


mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #7 on: September 02, 2009, 07:39:55 AM »
Slaughter Date: Tuesday, September 1st, 2009. 
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$37.10/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$38.85)   - US$97.11/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.1031
Value of a 250 lb hog in Canadian dollars   - C$107.12/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$48.69/cwt OR
    - C$107.35/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, August 25th         - C$97.37/100kg
Average price: week of August 24th – 28th       - C$98.66/100kg
 
 

mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #8 on: September 06, 2009, 07:48:04 AM »
Slaughter Date: Thursday, September 3rd, 2009. 
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$37.12/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$38.87)   - US$97.17/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.1034
Value of a 250 lb hog in Canadian dollars   - C$107.22/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$48.73/cwt OR
    - C$107.44/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, August 27th         - C$98.77/100kg
Average price: week of August 24th – 28th       - C$98.66/100kg
 
 

mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #9 on: September 11, 2009, 11:04:29 AM »
Slaughter Date: Tuesday, September 7th, 2009. (There will be no report for Monday, September 6th due to the US holiday.)
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$37.37/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$39.12)   - US$97.81/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.0764
Value of a 250 lb hog in Canadian dollars   - C$105.28/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$47.85/cwt OR
    - C$105.50/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, September 1st         - C$107.44/100kg
Average price: week of August 31st – Sep. 4th        - C$106.02/100kg
 
 

mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #10 on: September 26, 2009, 10:26:09 AM »
Daily Hog Report
Slaughter Date: Thursday, September 24th, 2009. 
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$36.90/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$38.65)   - US$96.63/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.0869
Value of a 250 lb hog in Canadian dollars   - C$105.02/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$47.74/cwt OR
    - C$105.24/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, September 17th          - C$108.48/100kg   
Average price: week of Sep. 14th – 18th         - C$106.77/100kg
 
 


mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #11 on: October 11, 2009, 08:24:08 AM »
Daily Hog Report
Have this report emailed to youBookmark this pageSlaughter Date: Tuesday, October 6th, 2009. (Updated for Tuesday and Wednesday)
 
Iowa/Minnesota Daily Direct hog prices
Weighted ave. base price (49-50% lean, live equiv)   - US$36.92/cwt
Packer premium for 51-52% lean hog              - US$1.75/cwt
Value of a 250 lb hog (2.5xUS$38.67)   - US$96.68/hog
                               
Manitoba Equivalent Hog Price Calculation:
U.S. dollar   - 1.0619
Value of a 250 lb hog in Canadian dollars   - C$102.67/hog
     
Manitoba Index of a 51-52% lean hog (est.)   - 110
Average carcass weight of 250 lb hog (est.)     - 200 lb
 
Manitoba Equivalent Hog Price for hogs f.o.b. Iowa plant:
Index 100 (dressed, excl. freight/fees*/shrink)    C$46.67/cwt OR
    - C$102.88/100Kg
 
* Est. freight/fees Wpg. To Sioux Falls, S.D.   - C$9.50/100kg
Equivalent price last week, September 29th          - C$104.59/100kg   
Average price: week of Sep. 28th – Oct 2nd         - C$104.35/100kg
 

 
 


mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #12 on: July 14, 2010, 05:51:42 AM »
LM_HG206
Des Moines, Iowa                Tue, Jul 13, 2010               USDA Market News

IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Tuesday, July 13, 2010 (As of 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                              6,958      4,055      1,206      4,702
  Other Market Formula                   14,515      9,894     16,480      5,330
  Swine or Pork Market Formula           58,006     40,974     45,448     50,447
  Other Purchase Arrangement             19,147     14,159     39,928     25,828
Packer Sold (all purchase types)         12,212      3,050      2,494      3,168
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,930

Compared to Prior Day's closing weighted average (LM_HG204), 0.40 lower

Base Price Range $70.00 - $75.75, Weighted Average $74.68

Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
            IOWA/MINNESOTA DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
                               185 lb Carcass Basis
                           (Defined by Muscle and Fat)

                             LOIN AREA/DEPTH (INCHES)

BACK-FAT      4.0/1.4       5.0/1.7       6.0/2.0       7.0/2.3       8.0/2.7
0.4         72.50 78.33   73.50 79.50   74.50 80.57   75.82 82.06   75.82 82.06
0.5         70.00 79.68   72.50 79.68   74.50 79.82   75.50 81.31   75.82 82.81
0.6         70.00 81.81   72.50 81.81   73.50 81.81   74.50 81.81   76.00 82.06
0.7         70.00 81.81   70.00 81.81   72.50 81.81   74.50 81.81   75.50 81.81
0.8         68.00 81.81   70.00 81.81   72.50 81.81   73.50 81.81   75.50 81.81
0.9         68.00 78.02   70.00 78.02   70.00 78.02   72.50 78.33   74.50 79.82
1.0         67.00 78.02   68.00 78.02   70.00 78.02   72.50 78.02   73.50 79.08
1.1         66.00 73.48   68.00 73.48   70.00 74.60   70.00 76.84   72.75 78.33
1.2         66.00 73.48   66.82 73.48   66.82 73.85   69.50 76.09   71.50 77.58
1.4         58.32 70.12   58.32 70.87   58.32 72.36   58.32 73.85   62.25 76.09
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -30.30 -9.52          175#   -3.73  0.00          205#    0.00  0.00
    155#   -30.30 -5.84          185#   -0.75  0.00          215#   -0.75  0.00
    165#   -11.36 -1.35          195#    0.00  0.00          225#   -1.50  0.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.79 lb carcass, 0.75 inch back-fat,
6.99 square inch loin/2.33 inch loin depth, FFLI: 51.32%

Price Range $73.50 - $81.81
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 40,224

Base Price Range $72.85 - $79.25, Weighted Average $74.93
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 2,778

Compared to Prior Day's closing weighted average (LM_HG204), 0.37 lower

Price Range $51.10 - $59.31, Weighted Average $58.32
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                 48,255               Minnesota             25,473
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/LSMarketNews
1500C


mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #13 on: July 17, 2010, 09:52:01 AM »
LM_HG206
Des Moines, Iowa                Fri, Jul 16, 2010               USDA Market News

IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, July 16, 2010 (As of 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                              5,598      3,525      2,529      5,663
  Other Market Formula                   17,028     19,020     14,495     10,042
  Swine or Pork Market Formula           67,261     44,436     51,774     54,238
  Other Purchase Arrangement             44,682     33,533     23,947     30,077
Packer Sold (all purchase types)         13,316      3,995      3,192      1,997
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,658

Compared to Prior Day's closing weighted average (LM_HG204), 0.95 higher

Base Price Range $69.00 - $77.50, Weighted Average $74.85

Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
            IOWA/MINNESOTA DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
                               185 lb Carcass Basis
                           (Defined by Muscle and Fat)

                             LOIN AREA/DEPTH (INCHES)

BACK-FAT      4.0/1.4       5.0/1.7       6.0/2.0       7.0/2.3       8.0/2.7
0.4         71.50 81.38   72.50 82.15   73.50 83.70   75.00 85.25   75.00 85.25
0.5         69.00 80.60   71.50 81.38   73.50 82.93   74.50 84.48   75.00 86.03
0.6         69.00 79.92   71.50 80.60   72.50 82.15   73.50 83.70   75.00 85.25
0.7         69.00 79.92   69.00 79.92   71.50 81.38   73.50 82.93   74.50 84.48
0.8         67.00 79.92   69.00 79.92   71.50 80.60   72.50 82.15   74.50 83.70
0.9         67.00 76.73   69.00 77.50   69.00 79.83   71.50 81.38   73.50 82.93
1.0         66.00 76.22   67.00 76.73   69.00 79.05   71.50 80.60   72.50 82.15
1.1         65.00 75.18   67.00 75.95   69.00 77.50   69.00 79.83   71.78 81.38
1.2         65.00 74.40   66.00 75.18   66.15 76.73   68.50 79.05   70.50 80.60
1.4         57.65 72.85   57.65 73.63   57.65 75.18   57.65 76.73   61.42 79.05
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -29.60 -9.52          175#   -3.88  0.00          205#    0.00  0.00
    155#   -29.60 -6.20          185#   -0.78  0.00          215#   -0.78  0.00
    165#   -11.10 -1.35          195#    0.00  0.00          225#   -1.55  0.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 204.45 lb carcass, 0.75 inch back-fat,
6.99 square inch loin/2.33 inch loin depth, FFLI: 51.32%

Price Range $72.50 - $82.15
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 41,146

Base Price Range $72.47 - $77.79, Weighted Average $73.88
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 931

Compared to Prior Day's closing weighted average (LM_HG204), 0.29 lower

Price Range $55.97 - $60.50, Weighted Average $59.24
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                 84,143               Minnesota             31,010
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/LSMarketNews
1500C


mikey

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Re: North American Daily/Weekly Hog Report:Prices
« Reply #14 on: July 25, 2010, 09:22:54 AM »
LM_HG206
Des Moines, Iowa                Fri, Jul 23, 2010               USDA Market News

IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, July 23, 2010 (As of 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                              6,391      4,294      3,525      7,519
  Other Market Formula                   25,280     18,793     19,020     14,234
  Swine or Pork Market Formula           65,038     39,680     44,436     58,760
  Other Purchase Arrangement             35,748     24,532     33,533     35,710
Packer Sold (all purchase types)         12,577      3,547      3,995      3,688
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,641

Compared to Prior Day's closing weighted average (LM_HG204), 3.02 lower

Base Price Range $73.00 - $80.25, Weighted Average $77.52

Base Price is the price from which no discounts are
subtracted and no premiums are added.
--------------------------------------------------------------------------------
            IOWA/MINNESOTA DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
                               185 lb Carcass Basis
                           (Defined by Muscle and Fat)

                             LOIN AREA/DEPTH (INCHES)

BACK-FAT      4.0/1.4       5.0/1.7       6.0/2.0       7.0/2.3       8.0/2.7
0.4         75.50 82.95   76.50 83.74   77.50 85.32   78.53 86.90   78.53 86.90
0.5         73.00 82.66   75.50 82.95   77.50 84.53   78.50 86.11   78.53 87.69
0.6         73.00 86.67   75.50 86.67   76.50 86.67   77.50 86.67   79.00 86.90
0.7         73.00 86.67   73.00 86.67   75.50 86.67   77.50 86.67   78.50 86.67
0.8         71.00 86.67   73.00 86.67   75.50 86.67   76.50 86.67   78.50 86.67
0.9         71.00 82.66   73.00 82.66   73.00 82.66   75.50 82.95   77.50 84.53
1.0         70.00 82.66   71.00 82.66   73.00 82.66   75.50 82.66   76.50 83.74
1.1         69.00 77.84   71.00 77.84   73.00 79.00   73.00 81.37   76.39 82.95
1.2         69.00 77.84   69.53 77.84   69.53 78.21   72.50 80.58   74.50 82.16
1.4         61.03 74.26   61.03 75.05   61.03 76.63   61.03 78.21   65.36 80.58
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.10 -9.52          175#   -3.95  0.00          205#    0.00  0.00
    155#   -32.10 -6.32          185#   -0.79  0.00          215#   -0.79  0.00
    165#   -12.04 -1.35          195#    0.00  0.00          225#   -1.58  0.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 206.04 lb carcass, 0.74 inch back-fat,
7.14 square inch loin/2.38 inch loin depth, FFLI: 51.56%

Price Range $77.50 - $86.67
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 36,127

Base Price Range $72.61 - $83.89, Weighted Average $77.93
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-300 lbs): 1,879

Compared to Prior Day's closing weighted average (LM_HG204), 1.85 higher

Price Range $59.80 - $64.00, Weighted Average $62.48
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                 65,536               Minnesota             31,239
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           
1500C

 

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