Eastern Cornbelt Daily Direct Hogs Morning
USDA - Tue Aug 13, 6:57AM CDT
LM_HG209
Des Moines, Iowa                Tue, Aug 13, 2019               USDA Market News

EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Tuesday, August 13, 2019
(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                                3,485      3,475      4,919      2,847
Other Market Formula (Futures/Options)    6,453      5,108      4,202     13,930
Swine or Pork Market Formula             24,226     20,866     20,970     24,573
Other Purchase Arrangement               22,233     18,728     16,306     21,994
Negotiated Formula                          400        315          0      1,503
Packer Sold (all purchase types)          9,627      9,627      9,950      2,107
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 

*Price not reported due to confidentiality*
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 

*Price not reported due to confidentiality* 
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 

*Price not reported due to confidentiality* 
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          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*
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                           CARCASS WEIGHT DIFFERENTIALS

*Price not reported due to confidentiality*
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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): 22,201

Base Price Range $70.03 - $89.69, Weighted Average $77.79
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                   NEGOTIATED PURCHASE (Including Packer Sold)

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

Compared to Prior Day's closing weighted average (LM_HG207),  0.58 higher

PWtd Avg $55.43
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

*Price not reported due to confidentiality* 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Illinois             12,308               Indiana                7,085
Kentucky              1,235               Maryland                  60
Michigan              5,943               North Carolina        16,345
Ohio                  6,735               Pennsylvania           2,252
Wisconsin               515
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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.

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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