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National Daily Direct Hogs - Morning

Last Updated 12/13/2018 | View 1357 Archived Reports

LM_HG202
Des Moines, Iowa                Thu, Dec 13, 2018               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, December 13, 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                                8,687      6,040      6,549      3,745
Other Market Formula (Futures/Options)   20,903     17,483     26,092     16,476
Swine or Pork Market Formula            124,847    114,093     93,860    111,357
Other Purchase Arrangement               56,338     49,045     67,225     59,456
Negotiated Formula                        1,674      1,674      1,815        966
Packer Sold (all purchase types)          5,573      5,573      7,154      9,254
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 5,215

Compared to Prior Day's closing weighted average (LM_HG200),  0.32 higher

Base Price Rng $43.00 - $47.21, Wtd Avg $46.74, 5 Day Rolling Avg $46.84
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 495

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

Barrows & Gilts (carcass basis): 5,710

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
               NATIONAL 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*
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -4.72          175#   -1.75  1.00          205#   -3.78  3.00
    155#   -30.00  0.00          185#   -0.25  1.50          215#   -3.78  3.00
    165#   -15.00  0.00          195#   -0.94  3.00          225#   -3.78  1.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

*Price not reported due to confidentiality*
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 111,310

Base Price Range $43.31 - $68.44, Weighted Average $54.52
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 643

Compared to Prior Day's closing weighted average (LM_HG200), 0.57 lower

Price Rng $36.18 - $38.00, Wtd Avg $37.64, 5 Day Rolling Avg $37.74
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,256

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

Barrows & Gilts (live basis, 240-320 lbs): 1,899

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

Georgia                 180               Iowa                  76,088
Illinois             13,604               Indiana                7,791
Kansas                2,580               Kentucky               1,363
Michigan              5,055               Minnesota             34,047
Missouri              2,778               North Carolina        17,107
North Dakota            350               Nebraska              12,098
New York                166               Ohio                   7,687
Oklahoma              3,296               Pennsylvania           2,967
South Carolina          180               South Dakota           4,623
Tennessee             1,610               Wisconsin                338
--------------------------------------------------------------------------------
*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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