National Daily Direct Prior Purchased Swine
USDA - Thu Dec 06, 7:55AM CST
LM_HG200
Des Moines, Iowa                Thu, Dec 06, 2018               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, December 5, 2018

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                               14,466          11,457         20,105
  Other Market Formula (Futures/Options)   37,985          33,407         33,249
  Swine or Pork Market Formula            134,805         133,437        147,642
  Other Purchase Arrangement               87,867          83,666         77,786
  Negotiated Formula                        2,334           2,080          1,316
Packer Sold (all purchase types)           10,234          10,510         12,554
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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        13,013    36,659     125,607      83,721        330  259,330
  Base Price         47.60     59.18       53.98       60.88          *    56.55
Packer Sold
  Head Count                                                               9,933
  Base Price                                                               52.11
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   13,413

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 1.00 lower to 1.91 higher, trading occurred throughout the full
range. Moderate to active market activity with moderate to good demand.

Compared to Prior Day's closing weighted average (LM_HG200),   1.10 lower

Base Price Rng $44.00 - $49.87, Wtd Avg $47.55, 5 Day Rolling Avg $48.73
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   330

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

Barrows & Gilts (carcass basis):   13,743

*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

                             LOIN AREA/DEPTH (INCHES)

BF      4.0/ 1.4       5.0/ 1.7       6.0/ 2.0       7.0/ 2.3       8.0/ 2.7
0.4   47.00  53.26   48.50  54.31   49.50  55.36   49.00  56.40   49.00  57.80
0.5   44.00  53.26   47.00  54.31   49.50  55.36   49.00  56.40   49.00  57.80
0.6   44.00  52.26   47.00  53.31   48.50  54.36   49.50  55.41   49.00  56.80
0.7   44.00  51.27   44.00  52.31   47.00  53.36   49.50  54.41   49.00  55.80
0.8   43.00  50.27   44.00  51.32   47.00  52.36   48.50  53.41   50.00  54.81
0.9   43.00  49.27   44.00  50.32   44.00  51.37   47.00  52.41   49.50  53.81
1.0   41.00  48.27   43.00  49.32   44.00  50.37   47.00  51.42   48.50  52.81
1.1   40.00  47.03   43.00  48.07   44.00  49.12   44.00  50.17   48.50  51.57
1.2   39.00  45.53   41.00  46.58   43.00  47.63   44.00  48.67   47.00  50.07
1.4   34.00  39.50   39.00  43.00   41.00  44.00   42.01  46.00   43.59  47.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.99          175#   -4.00  1.00          205#   -3.99  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -3.99  3.00
    165#   -15.00  0.00          195#   -1.00  3.00          225#   -3.99  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 199.50 lb carcass, 0.62 inch back-fat,
7.17 square inch loin/2.39 inch loin depth, FFLI: 53.48%

Price Range $49.50 - $55.41
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 131,565

Base Price Range $46.43 - $66.82, Weighted Average $53.87
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 996

Compared to Prior Day's closing weighted average (LM_HG200),  1.76 lower

Price Rng $31.00 - $40.25, Wtd Avg $37.27, 5 Day Rolling Avg $39.05
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,918

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

Barrows & Gilts (live basis, 240-320 lbs): 2,914

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

Canada                  513             Georgia                  180
Iowa                107,588             Illinois              26,793
Indiana              23,946             Kansas                 2,033
Kentucky              1,335             Michigan               9,776
Minnesota            45,070             Missouri               3,791
Montana               1,151             North Carolina        16,519
Nebraska             16,606             New York                 171
Ohio                 13,711             Oklahoma               3,421
Pennsylvania          4,658             South Dakota           7,905
Tennessee             1,758             Utah                     301
Wisconsin               865
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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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