Iowa/Minnesota Daily Direct Hogs Morning
LM_HG205
Des Moines, Iowa                Tue, Feb 13, 2018               USDA Market News

IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Tuesday, February 13, 2018
(Includes information from 1:30 PM to 9:30 AM.)

                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS

                                      Estimated     Actual     Actual     Actual
                                          Today      Today   Week Ago   Year Ago
Producer Sold
Negotiated                                5,181      2,681      4,121        242
Other Market Formula (Futures/Options)    6,159      5,838     12,119      5,721
Swine or Pork Market Formula             56,094     53,042     43,897     46,271
Other Purchase Arrangement               25,290     25,117     20,758     18,983
Negotiated Formula                            0          0          0          0
Packer Sold (all purchase types)          1,690      1,690      2,325      5,324
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 1,510

*Price not reported due to confidentiality* 5 Day Rolling Avg $70.22
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0                     5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 1,510

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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           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*
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                           CARCASS WEIGHT DIFFERENTIALS

*Price not reported due to confidentiality*
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

*Price not reported due to confidentiality*
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 65,069

Base Price Range $64.26 - $76.59, Weighted Average $70.85
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,675

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,172

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,847

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                 83,434               Minnesota             31,943
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*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.

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

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