Western Cornbelt Daily Direct Prior Day Purchased Swine
USDA - Thu Dec 06, 7:55AM CST
LM_HG208
Des Moines, Iowa                Thu, Dec 06, 2018               USDA Market News

WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
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                                9,542           5,889         13,787
  Other Market Formula (Futures/Options)   18,402          19,811         19,847
  Swine or Pork Market Formula             91,262          91,973        105,401
  Other Purchase Arrangement               53,452          46,028         38,924
  Negotiated Formula                          640             798            895
Packer Sold (all purchase types)            9,295           9,713         12,095
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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         8,398    18,402     87,665     51,039          0    165,504
  Base Price         46.88     55.98      54.15      59.74          *      55.71
Packer Sold
  Head Count                                                               9,295
  Base Price                                                               51.70
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 8,798

Compared to Prior Day's closing weighted average (LM_HG208),  1.58 lower

Base Price Rng $44.00 - $48.25, Wtd Avg $46.84, 5 Day Rolling Avg $48.13
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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 PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):  8,798

*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 -8.28          175#   -4.00  1.00          205#    0.00  3.00
    155#   -30.00 -4.60          185#   -1.00  2.00          215#   -0.25  3.00
    165#   -15.00 -2.76          195#   -0.50  3.00          225#   -2.25  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): 92,985

Base Price Range $46.43 - $66.82, Weighted Average $53.96
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 696

Compared to Prior Day's closing weighted average (LM_HG208),   1.41 lower

Price Rng $31.00 - $39.50, Wtd Avg $37.06, 5 Day Rolling Avg $38.77
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 640

*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): 1,336

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

Iowa                107,588             Kansas                 2,033
Minnesota            45,070             Missouri               3,791
Nebraska             16,606             South Dakota           7,905
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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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