National Daily Direct Prior Purchased Swine
USDA - Wed May 16, 7:44AM CDT
LM_HG200
Des Moines, Iowa                Wed, May 16, 2018               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, May 15, 2018

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                               12,490          11,592         17,609
  Other Market Formula (Futures/Options)   35,740          32,229         53,434
  Swine or Pork Market Formula            134,502         133,631        130,979
  Other Purchase Arrangement               83,290          89,492         71,205
  Negotiated Formula                        1,374           1,488          2,416
Packer Sold (all purchase types)           14,700          11,979         13,972
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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        10,801    35,101     125,087      79,474          0  250,463
  Base Price         64.47     72.09       64.64       68.18          *    66.80
Packer Sold
  Head Count                                                              14,031
  Base Price                                                               65.50
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   12,501

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 0.67 to 4.75 higher, trading occurred throughout full range. Moderate
market activity with light to moderate demand.

Compared to Prior Day's closing weighted average (LM_HG200),   1.63 higher

Base Price Rng $61.00 - $65.50, Wtd Avg $64.48, 5 Day Rolling Avg $62.52
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   0                   5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   12,501

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

    145#   -30.00 -6.29          175#   -3.00  1.00          205#   -5.04  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -5.04  3.00
    165#   -15.00  0.00          195#   -1.26  3.00          225#   -5.04  2.00
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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): 130,555

Base Price Range $59.43 - $69.88, Weighted Average $64.60
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,344

Compared to Prior Day's closing weighted average (LM_HG200),  1.33 higher

Price Rng $44.35 - $52.75, Wtd Avg $49.11, 5 Day Rolling Avg $47.74
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,368

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

Barrows & Gilts (live basis, 240-320 lbs): 2,712

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

California              317             Canada                   569
Iowa                107,223             Illinois              19,572
Indiana              20,673             Kansas                 3,003
Kentucky              2,585             Maryland                 120
Michigan              9,472             Minnesota             55,225
Missouri              5,182             Mississippi              276
Montana                 226             North Carolina        12,271
North Dakota            186             Nebraska              17,036
New York                327             Ohio                  12,054
Oklahoma              1,875             Pennsylvania           3,364
South Carolina          350             South Dakota           7,034
Tennessee             1,444             Utah                     619
Virginia                120             Wisconsin                973
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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
0800C

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