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Eastern Cornbelt Daily Direct Prior Day Hog - Purchased Swine

Last Updated 6/21/2019 | View 1485 Archived Reports

LM_HG207
Des Moines, Iowa                Fri, Jun 21, 2019               USDA Market News

EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, June 20, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                2,458           4,286          3,132
  Other Market Formula (Futures/Options)    8,688          14,362          8,495
  Swine or Pork Market Formula             34,201          29,674         33,021
  Other Purchase Arrangement               33,288          28,466         29,693
  Negotiated Formula                          320             582            158
Packer Sold (all purchase types)            6,678           8,200            104
--------------------------------------------------------------------------------
                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         1,990     8,004     29,577     32,272        165     72,008
  Base Price             *     77.20      76.79      75.44          *      73.93
Packer Sold
  Head Count                                                               6,678
  Base Price                                                                   *
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 1,990

*Price not reported due to confidentiality* 5 Day Rolling Avg $75.31
----------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 165

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

Barrows & Gilts (carcass basis): 2,155

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

*Price not reported due to confidentiality*
--------------------------------------------------------------------------------
                  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): 36,255

Base Price Range $69.70 - $82.72, Weighted Average $77.81
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 350

*Price not reported due to confidentiality* 5 Day Rolling Avg $58.98
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 155

*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): 505

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

Illinois             24,488             Indiana               20,349
Kentucky              1,854             Michigan               9,053
North Carolina       12,607             Ohio                  12,381
Pennsylvania          4,026             South Carolina           720
Wisconsin               155
--------------------------------------------------------------------------------
*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
0800C      www.ams.usda.gov/market-news/livestock-poultry-grain



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