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DTN Hog Prices/Trends 09/23 11:55
LOCATION TREND BAR/GILTS HEAD SOW TREND LT SOWS HVY SOWS BOARS
*DORCHSTR, WI No Comp 30.00 430 No Comp 20.00 24.00 10-15
*GARNAVILLO,IA No Comp 30.00 130 No Comp 20.00 24.00 10-15
RED OAK, IA P Sale 1st & 3rd Wednesday of Each Month
***Dorchester & Garnavillo are now Premise ID Hogs Only***
P = Private Source(not necessarily a terminal) * = Pre-opening Call;
Carcass Basis 49-51% Carcass 185#
DTN publishes private source hog prices as they are reported to us. DTN is
not responsible for the accuracy of these numbers.
LOCATION TREND BAR/GILTS HEAD SOW TREND LT SOWS HVY SOWS BOARS
WCB* WA 44.45 0.11 Hr NA Due to USDA Chngs(Prior Day)12.00-35.25 20.00-38.00
ECB* WA NA Confident NA Due to USDA Chngs(Prior Day)22.50-36.75 26.00-38.50
IA/MN WA 44.46 0.07 Hr NA Due to USDA Chngs(Prior Day)12.00-35.25 20.00-38.00
NAT'L WA 43.70 0.56 Lr 40.00-45.00 4,015 (Prior Day)12.00-36.75 20.00-38.50
IL 1,475 Steady 15-21 18-26 4-15
VOLUME: IL - 30,676 / IN/OH - 15,704 / IA/MN - 237,634
NEG: WCB* - 2,938 / ECB* - 3,416 / IA/MN - 2,584 / NAT'L 6,354
WCB, ECB, IA/MN and Nat'l are all plant delivered. (WA=Weighted Average;
NEG=Negotiated; WCB*=Western Cornbelt; ECB*=Eastern Cornbelt)
***USDA's Agricultural Marketing Service (AMS) has revised its Livestock
Mandatory Reporting (LMR) direct swine reports to provide more continuous
coverage of the regional negotiated swine markets.
Since the implementation of LMR in 2001, the volume of barrows and gilts
purchased on a negotiated basis has declined from 17 percent of the market to
about 1 percent today. The thinness of the negotiated market has made it
increasingly difficult for AMS to publish regional market information while
maintaining the confidentiality requirements set forth in the statute.
As requested by the pork industry, AMS will publish only weighted average
prices for carcass and live basis negotiated barrows and gilts and
not show the daily volumes or price ranges on the Iowa-Minnesota,
Western Cornbelt, and Eastern Cornbelt regional daily and prior
day swine purchase reports going forward. This revision allows AMS
to publish as much regional data as possible while preserving
confidentiality. The National swine purchase reports will
continue to include volume, price ranges, and weighted average
prices for the negotiated barrow and gilt market. The other swine
purchase types - other market formula, swine or pork market
formula, and other purchase arrangement are not impacted by this
revision.***
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