LM_HG202
Des Moines, Iowa Thu, Oct 11, 2018 USDA Market News
NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, October 11, 2018
(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 7,844 5,014 7,912 6,177
Other Market Formula (Futures/Options) 26,592 23,484 21,746 40,093
Swine or Pork Market Formula 103,075 92,962 84,570 112,064
Other Purchase Arrangement 71,473 65,689 78,281 61,167
Negotiated Formula 1,167 1,167 1,035 1,725
Packer Sold (all purchase types) 6,712 6,712 5,851 8,525
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,191
Compared to Prior Day's closing weighted average (LM_HG200), 0.34 higher
Base Price Rng $58.00 - $63.42, Wtd Avg $62.99, 5 Day Rolling Avg $63.19
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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 PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,191
*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 -6.34 175# -1.75 1.00 205# -5.07 3.00
155# -30.00 0.00 185# -0.25 2.00 215# -5.07 3.00
165# -15.00 0.00 195# -1.27 3.00 225# -5.07 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): 91,969
Base Price Range $60.07 - $75.23, Weighted Average $67.59
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 652
Compared to Prior Day's closing weighted average (LM_HG200), 1.87 higher
Price Rng $46.32 - $51.50, Wtd Avg $49.87, 5 Day Rolling Avg $48.87
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,421
*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): 2,073
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Georgia 540 Iowa 77,224
Illinois 12,569 Indiana 7,033
Kansas 3,658 Kentucky 1,602
Michigan 4,766 Minnesota 37,126
Missouri 4,963 North Carolina 16,932
Nebraska 9,848 New York 174
Ohio 11,858 Oklahoma 2,367
Pennsylvania 2,292 South Carolina 710
South Dakota 1,880 Tennessee 971
Wisconsin 195
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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
1100C
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