USDA IA/MN Daily Direct Hogs (PM)
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7/07 2:50 PM
USDA IA/MN Daily Direct Hogs (PM) 07/07 14:40 LM_HG206 Des Moines, IA Tue, Jul 07, 2020 IOWA/MINNESOTA DAILY DIRECT HOGS AFTERNOON CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 5,589 5,589 Other Market Formula 16,829 16,829 Swine/Pork Market Formula 54,627 54,627 Other Purchase Arrangement 72,898 72,898 Negotiated Formula Pack. Sold (all purchase types) 6,115 6,115 -------------------------------------------------------------------------------- NEGOTIATED (CARCASS BASIS) Barrows & Gilts (carcass basis): Wtd Avg $29.52 , 5 Day Rolling Avg $28.94 -------------------------------------------------------------------------------- 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): 74,173 Base Price Rng $28.03 - $60.37 , Wtd Avg $44.86 -------------------------------------------------------------------------------- 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 LOIN AREA/DEPTH (INCHES) BF 4.0/ 1.4 5.0/ 1.7 6.0/ 2.0 7.0/ 2.3 8.0/ 2.7 0.4 31.00 32.24 32.50 32.88 32.50 33.51 34.00 34.50 34.00 35.00 0.5 28.00 32.24 31.00 32.88 31.00 33.51 32.50 34.14 32.50 35.00 0.6 28.00 31.64 29.50 32.27 31.00 32.91 31.00 33.54 32.50 34.50 0.7 28.00 31.04 28.00 31.67 29.50 32.30 29.50 33.50 31.00 34.00 0.8 27.00 30.43 28.00 31.07 28.00 31.70 28.00 32.50 29.50 34.00 0.9 25.00 29.83 27.00 30.46 27.00 31.10 28.00 31.73 28.00 33.50 1.0 25.00 29.22 25.00 29.86 25.00 30.49 27.00 31.13 28.00 32.50 1.1 23.00 28.47 23.00 29.10 25.00 29.74 25.00 30.37 27.00 32.50 1.2 21.00 27.56 21.00 28.20 23.00 28.83 23.00 29.47 25.00 31.00 1.4 15.00 23.64 18.00 24.27 18.00 25.00 21.00 27.00 21.00 28.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -3.02 175# -3.25 1.00 205# -2.42 3.00 155# -30.00 .00 185# -1.50 1.50 215# -2.42 3.00 165# -15.00 .00 195# -.60 3.00 225# -2.42 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 212.65 lb carcass , .79 inch back-fat , 7.45 square inch loin/2.48 inch loin depth, FFLI: 50.99 Price Range $28.00 - $32.50 -------------------------------------------------------------------------------- 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 131,246 Minnesota 48,774 --------------------------------------------------------------------------------
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