IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, December 16, 2015 (As of 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 2,318 1,238 177 465
Other Market Formula 11,390 6,425 410 1,570
Swine or Pork Market Formula 45,236 24,998 23,614 19,616
Other Purchase Arrangement 19,366 8,780 8,015 12,017
Packer Sold (all purchase types) 6,395 2,720 2,793 4,539
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 1,135

*Price not reported due to confidentiality* 5 Day Rolling Avg $51.57
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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): 26,714

Base Price Range $49.96 – $64.59, Weighted Average $52.33
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 15

*Price not reported due to confidentiality* 5 Day Rolling Avg $39.07
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa 19,281 Minnesota 24,249