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North American Daily/Weekly Hog Report:Prices
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mikey
FARM MANAGER
Hero Member
Posts: 4361
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
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mikey
FARM MANAGER
Hero Member
Posts: 4361
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
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mikey
FARM MANAGER
Hero Member
Posts: 4361
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
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mikey
FARM MANAGER
Hero Member
Posts: 4361
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
Logged
mikey
FARM MANAGER
Hero Member
Posts: 4361
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
Logged
mikey
FARM MANAGER
Hero Member
Posts: 4361
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
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mikey
FARM MANAGER
Hero Member
Posts: 4361
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
Logged
mikey
FARM MANAGER
Hero Member
Posts: 4361
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
Logged
mikey
FARM MANAGER
Hero Member
Posts: 4361
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
Logged
mikey
FARM MANAGER
Hero Member
Posts: 4361
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
Logged
mikey
FARM MANAGER
Hero Member
Posts: 4361
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
Logged
mikey
FARM MANAGER
Hero Member
Posts: 4361
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
Logged
mikey
FARM MANAGER
Hero Member
Posts: 4361
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
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mikey
FARM MANAGER
Hero Member
Posts: 4361
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
Logged
mikey
FARM MANAGER
Hero Member
Posts: 4361
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
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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
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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
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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
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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
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 65,536 Minnesota 31,239
--------------------------------------------------------------------------------
Source: USDA Market News Service, Des Moines, IA
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