Western Cornbelt Daily Direct Prior Day Hog - Purchased Swine

LM_HG208
Des Moines, Iowa Fri, Jan 24, 2020 USDA Market News

WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, January 23, 2020

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

Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 4,771 3,745 5,870
Other Market Formula (Futures/Options) 24,004 23,170 22,421
Swine or Pork Market Formula 76,171 77,913 104,616
Other Purchase Arrangement 47,642 51,827 33,629
Negotiated Formula 344 0 1,002
Packer Sold (all purchase types) 11,028 7,546 9,022
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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 4,084 24,004 75,452 44,922 344 148,806
Base Price 50.67 67.68 61.37 63.76 * 62.67
Packer Sold
Head Count 11,028
Base Price 60.46
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

Compared to Prior Day's closing weighted average (LM_HG208), 0.54 lower

Wtd Avg $51.50, 5 Day Rolling Avg $51.63
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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

145# -32.00 -9.45 175# -4.00 1.00 205# 0.00 3.00
155# -30.00 -5.25 185# -1.00 1.50 215# -0.25 3.00
165# -15.00 -3.15 195# -0.50 3.00 225# -2.25 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): 79,175

Base Price Range $50.78 - $73.87, Weighted Average $61.40
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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), no comparison

Wtd Avg $41.08, 5 Day Rolling Avg $40.21
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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 87,155 Kansas 2,977
Minnesota 43,139 Missouri 4,894
Nebraska 19,497 South Dakota 6,298
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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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