Western Cornbelt Daily Direct Hogs - Morning

LM_HG211
Des Moines, Iowa Thu, Dec 06, 2018 USDA Market News

WESTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
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 5,293 3,537 1,387 4,628
Other Market Formula (Futures/Options) 14,471 13,401 15,421 9,407
Swine or Pork Market Formula 67,224 62,710 66,500 73,156
Other Purchase Arrangement 45,168 40,637 41,353 32,716
Negotiated Formula 0 0 0 340
Packer Sold (all purchase types) 4,365 4,365 4,560 7,777
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,448

Compared to Prior Day's closing weighted average (LM_HG208), 0.52 higher

Base Price Rng $44.00 - $48.25, Wtd Avg $47.36, 5 Day Rolling Avg $47.86
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,448

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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WESTERN CORNBELT 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 -8.69 175# -1.75 0.00 205# 0.00 0.00
155# -27.75 -4.83 185# -0.25 0.00 215# -0.25 0.00
165# -15.00 -2.90 195# 0.00 0.00 225# -2.25 -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): 65,747

Base Price Range $44.59 - $66.82, Weighted Average $55.14
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 825

*Price not reported due to confidentiality* 5 Day Rolling Avg $38.76
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 768

*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): 1,593

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

Iowa 76,810 Kansas 2,203
Minnesota 34,661 Missouri 3,757
Nebraska 11,060 South Dakota 2,013
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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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