USDA IA/MN Daily Purchased Swine
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4/03 10:36 AM
USDA IA/MN Daily Purchased Swine 04/03 10:12 LM_HG204 Des Moines, Iowa Fri, Apr 03, 2020 USDA Market News IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, April 2, 2020 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 6,239 10,506 2,802 Other Market Formula (Futures/Options) 18,433 15,128 40,892 Swine or Pork Market Formula 82,411 82,895 81,068 Other Purchase Arrangement 28,720 31,737 24,439 Negotiated Formula 0 0 444 Packer Sold (all purchase types) 5,788 6,917 7,985 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 5,929 18,433 82,001 28,697 0 135,060 Base Price 43.63 50.69 55.22 56.01 * 54.26 Packer Sold Head Count 5,668 Base Price 53.96 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): Compared to Prior Day's closing weighted average (LM_HG204), 7.03 lower Wtd Avg $43.63, 5 Day Rolling Avg $52.23 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- -- COMBINED NEGOTIATED & FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- -- 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* -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -35.00-10.75 175# -4.30 1.00 205# 0.00 1.00 155# -25.00 -6.45 185# -1.50 1.00 215# 0.00 1.00 165# -5.00 -3.37 195# 0.00 1.00 225# -1.33 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 86,694 Base Price Range $43.62 - $66.00, Weighted Average $55.22 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* 5 Day Rolling Avg $41.50 -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - COMBINED NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 94,914 Minnesota 46,677 -------------------------------------------------------------------------------- *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. ** Futures/Options 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 0800C .
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