USDA IA/MN Daily Purchased Swine 05/24 08:00
LM_HG204
Des Moines, Iowa Fri, May 24, 2013 USDA Market News
IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, May 23, 2013
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 5,354 10,529 6,614
Other Market Formula 12,369 15,420 8,806
Swine or Pork Market Formula 85,360 78,630 66,583
Other Purchase Arrangement 22,615 30,970 31,321
Packer Sold (all purchase types) 7,933 9,111 8,836
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NEGOTIATED OTHER SWINE OTHER TOTALS/
MARKET OR PORK PURCHASE WTD AVG
FORMULA MARKET ARRGMENT
FORMULA
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 3,189 12,369 83,422 22,615 121,595
Base Price 90.32 89.46 90.82 92.26 90.94
Packer Sold
Head Count 7,933
Base Price 89.96
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,189
Compared to Prior Day's closing weighted average (LM_HG204), 0.25 lower
Base Price Range $83.78 - $92.50, Weighted Average $90.32
Base Price is the price from which no discounts are
subtracted and no premiums are added.
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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
145# -32.00-15.00 175# -4.00 2.25 205# 0.00 4.50
155# -30.00 -9.00 185# -1.00 4.00 215# 0.00 4.25
165# -15.00 -5.00 195# 0.00 4.50 225# 0.00 1.00
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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): 91,355
Base Price Range $84.59 - $97.42, Weighted Average $90.75
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-300 lbs): 1,896
Compared to Prior Day's closing weighted average (LM_HG204), 2.66 lower
Price Range $59.07 - $72.00, Weighted Average $69.02
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 91,267 Minnesota 43,323
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*For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines*
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
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