AP-USDA-Iowa-Daily Hogs

LM—HG206 Des Moines, Iowa Fri, Dec 09, 2016 USDA Market News IOWA/MINNESOTA DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Friday, December 9, 2016 (Includes information from 1:30 PM to 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 3,010 3,010 4,429 3,674 Other Market Formula 46,050 46,050 16,522 13,781 Swine or Pork Market Formula 88,415 88,415 87,165 82,403 Other Purchase Arrangement 18,904 18,904 23,474 8,795 Negotiated Formula 180 180 0 0 Packer Sold (all purchase types) 6,600 6,600 13,177 8,426 ——————————————————————————– NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,758 Compared to Prior Day’s closing weighted average (LM—HG204), 1.10 lower Base Price Rng $46.00 – $54.50, Wtd Avg $52.73, 5 Day Rolling Avg $51.65 ——————————————————————————– NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 180 *Price not reported due to confidentiality* 5 Day Rolling Avg $– ——————————————————————————– COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,938 *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# -30.00 -8.10 175# -3.00 2.25 205# 0.00 4.50 155# -30.00 -3.78 185# 0.00 4.00 215# 0.00 4.25 165# -15.00 -1.62 195# 0.00 4.50 225# -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): 107,924 Base Price Range $46.58 – $71.70, Weighted Average $53.72 ——————————————————————————– NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 504 Compared to Prior Day’s closing weighted average (LM—HG204), 0.33 higher Price Rng $38.00 – $41.10, Wtd Avg $38.56, 5 Day Rolling Avg $38.15 ——————————————————————————– NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 671 *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): 1,175 *Price not reported due to confidentiality* 5 Day Rolling Avg $– ——————————————————————————– BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 131,878 Minnesota 50,866 ——————————————————————————– *For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines* *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 1500C .