Western Cornbelt Daily Direct Prior Day Hog - Purchased Swine

LM_HG208	***RESENDING FOR CORRECTIONS ON LIVE NEGOTIATED HOGS***
Des Moines, Iowa Fri, Nov 08, 2019 USDA Market News

WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, November 7, 2019

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

Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 1,351 3,723 1,268
Other Market Formula (Futures/Options) 21,535 23,494 19,397
Swine or Pork Market Formula 82,562 82,002 87,736
Other Purchase Arrangement 46,286 114,901 42,554
Negotiated Formula 0 0 249
Packer Sold (all purchase types) 7,837 6,845 8,805
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NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/
MARKET OR PORK PURCHASE FORMULA WTD AVG
FORMULA MARKET ARRGMENT
(FUT/OPT)** FORMULA
Barrows & Gilts (carcass basis):

Producer Sold
Head Count 700 21,535 80,670 43,906 0 146,811
Base Price * 62.91 58.96 63.36 * 60.57
Packer Sold
Head Count 7,660
Base Price 52.56
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

*Price not reported due to confidentiality* 5 Day Rolling Avg $45.86
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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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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

*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): 82,791

Base Price Range $41.99 - $75.68, Weighted Average $58.83
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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_HG208), 1.97 higher

Wtd Avg $36.23, 5 Day Rolling Avg $37.09
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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

Iowa 83,997 Kansas 3,650
Minnesota 45,809 Missouri 4,020
Nebraska 13,740 South Dakota 8,355
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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.

** Futures/Options

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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