Western Cornbelt Daily Direct Hogs - Afternoon

LM_HG212
Des Moines, Iowa Wed, Jun 12, 2019 USDA Market News

WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, June 12, 2019
(Includes information from 1:30 PM to 1:30 PM.)

CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS

Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 4,984 4,984 3,915 5,972
Other Market Formula (Futures/Options) 30,587 30,587 48,474 27,472
Swine or Pork Market Formula 90,647 90,647 83,439 83,041
Other Purchase Arrangement 57,934 57,934 39,422 46,466
Negotiated Formula 0 0 0 75
Packer Sold (all purchase types) 10,562 10,562 7,479 6,820
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 12,864

Compared to Prior Day's closing weighted average (LM_HG208), 1.30 higher

Base Price Rng $67.00 - $78.00, Wtd Avg $76.56, 5 Day Rolling Avg $76.03
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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): 12,864

*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# -30.00 -10.00 175# -3.25 1.00 205# 0.00 3.00
155# -30.00 -7.10 185# -1.50 2.00 215# -0.25 3.00
165# -15.00 -3.37 195# 0.00 3.00 225# -2.30 2.00
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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): 91,982

Base Price Range $71.87 - $82.91, Weighted Average $77.09
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 65

*Price not reported due to confidentiality* 5 Day Rolling Avg $60.05
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 139

*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): 204

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

Iowa 125,720 Kansas 2,113
Minnesota 47,371 Missouri 3,574
Nebraska 15,121 South Dakota 9,524
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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
1500C