National Daily Direct Hogs - Morning

LM_HG202
Des Moines, Iowa Thu, Dec 06, 2018 USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, December 6, 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 8,639 6,549 4,062 7,273
Other Market Formula (Futures/Options) 28,673 26,092 20,675 12,704
Swine or Pork Market Formula 104,267 93,685 97,632 104,447
Other Purchase Arrangement 75,436 67,225 64,788 64,606
Negotiated Formula 1,825 1,815 1,744 1,449
Packer Sold (all purchase types) 7,154 7,154 7,081 10,787
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 5,084

Compared to Prior Day's closing weighted average (LM_HG200), 0.33 higher

Base Price Rng $44.00 - $48.52, Wtd Avg $47.88, 5 Day Rolling Avg $48.50
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 500

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

Barrows & Gilts (carcass basis): 5,584

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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NATIONAL 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# -27.75 -4.85 175# -1.75 0.00 205# -3.88 0.00
155# -27.75 0.00 185# -0.25 0.00 215# -3.88 0.00
165# -15.00 0.00 195# -0.97 0.00 225# -3.88 -1.33
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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): 93,147

Base Price Range $44.59 - $68.12, Weighted Average $54.95
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 911

Compared to Prior Day's closing weighted average (LM_HG200), 0.47 higher

Price Rng $34.00 - $39.50, Wtd Avg $37.74, 5 Day Rolling Avg $38.84
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,455

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

Barrows & Gilts (live basis, 240-320 lbs): 2,366

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

Georgia 180 Iowa 76,810
Illinois 18,097 Indiana 12,246
Kansas 2,203 Kentucky 683
Michigan 6,100 Minnesota 34,661
Missouri 3,757 North Carolina 16,519
Nebraska 11,060 New York 171
Ohio 8,431 Oklahoma 3,421
Pennsylvania 4,196 South Dakota 2,013
Tennessee 972 Wisconsin 1,000
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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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