Eastern Cornbelt Daily Direct Hogs - Afternoon

LM_HG210
Des Moines, Iowa Wed, Oct 09, 2019 USDA Market News

EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 9, 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 5,170 5,170 5,634 4,830
Other Market Formula (Futures/Options) 29,584 29,584 7,897 16,222
Swine or Pork Market Formula 33,852 33,852 29,722 45,404
Other Purchase Arrangement 35,672 35,672 37,083 36,829
Negotiated Formula 493 493 470 1,344
Packer Sold (all purchase types) 10,756 10,756 12,276 3,655
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

Compared to Prior Day's closing weighted average (LM_HG207), no comparison

Wtd Avg $51.33,
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

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

Barrows & Gilts (carcass basis):

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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EASTERN 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 -5.13 175# -3.00 1.00 205# -4.10 3.00
155# -30.00 0.00 185# 0.00 1.50 215# -4.10 3.00
165# -15.00 0.00 195# -1.03 3.00 225# -4.10 1.00
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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): 34,335

Base Price Range $49.37 - $76.95, Weighted Average $56.69
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NEGOTIATED PURCHASE (Including Packer Sold)

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

Compared to Prior Day's closing weighted average (LM_HG207), 0.02 lower

5 Day Rolling Avg $40.04
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

*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):

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

Illinois 21,441 Indiana 25,055
Kentucky 2,016 Maryland 164
Michigan 9,043 Mississippi 262
North Carolina 23,459 New York 170
Ohio 15,752 Pennsylvania 3,837
South Carolina 1,260 Tennessee 1,477
Virginia 110 Wisconsin 3,484
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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


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