National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Wed, Sep 11, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, September 10, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                               13,105           6,669         10,882
  Other Market Formula (Futures/Options)   38,720          63,967         47,916
  Swine or Pork Market Formula            107,913         112,031        132,853
  Other Purchase Arrangement              110,160         111,910        102,697
  Negotiated Formula                          618               0          1,527
Packer Sold (all purchase types)           20,358          17,871         13,946
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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        11,486    37,574     101,604     105,584        475  256,723
  Base Price         48.44     64.62       58.88       65.09          *    61.70
Packer Sold
  Head Count                                                              19,161
  Base Price                                                               54.99
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   15,426

Compared to Prior Day's closing weighted average (LM_HG200),   1.88 lower

Base Price Rng $45.00 - $50.50, Wtd Avg $48.77, 5 Day Rolling Avg $51.37
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   475

*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):   15,901

*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   48.00  53.00   49.50  54.50   50.50  54.82   51.00  56.00   51.00  57.24
0.5   45.00  52.75   48.00  53.79   50.50  54.82   51.00  55.86   51.00  57.24
0.6   45.00  51.76   48.00  52.80   49.50  53.84   50.50  54.87   51.00  56.26
0.7   45.00  50.77   45.00  51.81   48.00  52.85   50.50  53.88   51.00  55.27
0.8   44.00  49.79   45.00  50.82   48.00  51.86   49.50  52.90   51.00  54.28
0.9   44.00  48.80   45.00  49.83   45.00  50.87   48.00  51.91   50.00  53.29
1.0   42.00  47.81   44.00  48.85   45.00  49.88   48.00  50.92   49.50  52.30
1.1   41.00  46.57   44.00  47.61   45.00  48.65   45.00  49.69   49.00  51.07
1.2   41.00  45.09   42.00  46.13   44.00  48.00   45.00  49.00   47.00  50.00
1.4   36.00  38.67   39.71  42.00   40.00  44.00   41.78  48.00   43.00  49.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.94          175#   -4.00  1.00          205#   -3.95  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -3.95  3.00
    165#   -15.00  0.00          195#   -0.99  3.00          225#   -3.95  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.00 lb carcass, 0.71 inch back-fat,
6.78 square inch loin/2.26 inch loin depth, FFLI: 51.81%

Price Range $50.50 - $53.88
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 113,383

Base Price Range $48.69 - $71.49, Weighted Average $58.67
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,053

Compared to Prior Day's closing weighted average (LM_HG200),  0.33 lower

Price Rng $35.93 - $42.50, Wtd Avg $40.63, 5 Day Rolling Avg $41.53
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 0           5 Day Rolling Avg $--
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   COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,053

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

California              287             Canada                   314
Iowa                108,191             Illinois              24,192
Indiana              19,714             Kansas                 2,675
Kentucky              3,588             Maryland                 165
Michigan              8,561             Minnesota             54,539
Missouri              3,295             Mississippi              276
Montana                 785             North Carolina        15,677
North Dakota            525             Nebraska              13,453
New York                170             Ohio                  14,283
Oklahoma              2,606             Pennsylvania           4,120
South Dakota         10,008             Tennessee              1,768
Utah                  1,197             Wisconsin                485
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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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