Eastern Cornbelt Daily Direct Prior Day Purchased Swine
USDA - Fri Aug 23, 3:57AM CDT
LM_HG207
Des Moines, Iowa                Fri, Aug 23, 2019               USDA Market News

EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, August 22, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                5,103           2,918          4,083
  Other Market Formula (Futures/Options)    9,141           9,828         13,744
  Swine or Pork Market Formula             31,624          27,328         37,630
  Other Purchase Arrangement               34,411          26,404         36,482
  Negotiated Formula                          355             365             40
Packer Sold (all purchase types)           11,065           8,100            150
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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         4,568     8,625     25,302     33,286        195     71,976
  Base Price         66.52     66.09      72.40      74.68          *      72.13
Packer Sold
  Head Count                                                              11,065
  Base Price                                                                   *
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 

Compared to Prior Day's closing weighted average (LM_HG207),   1.13 lower

Wtd Avg $66.50
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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

                            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   66.00  71.21   67.50  72.61   68.50  74.01   69.50  75.42   70.00  77.28
0.5   63.00  71.21   66.00  72.61   68.50  74.01   69.00  75.42   70.00  77.28
0.6   63.00  69.88   66.00  71.28   67.50  72.68   68.50  74.08   69.50  75.95
0.7   63.00  68.55   63.00  69.95   66.00  71.35   68.50  72.75   69.00  74.61
0.8   62.00  67.74   63.00  68.61   66.00  70.01   67.50  71.41   69.00  73.28
0.9   62.00  65.99   63.00  67.74   63.00  68.68   66.00  70.08   68.50  71.95
1.0   60.00  64.55   62.00  65.99   63.00  67.74   66.00  68.75   67.50  70.61
1.1   59.00  62.88   62.00  64.49   63.00  65.99   63.00  67.74   67.50  69.50
1.2   59.00  61.99   60.00  62.28   62.00  64.49   63.00  65.99   66.00  68.49
1.4   52.21  57.50   53.61  61.99   55.01  62.00   56.41  64.00   58.28  65.99
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -25.00 -6.67          175#   -1.50  0.00          205#   -5.33  0.00
    155#   -11.82  0.00          185#    0.00  0.00          215#   -5.33  0.00
    165#    -5.00  0.00          195#   -1.33  0.00          225#   -5.33  0.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 194.50 lb carcass, 0.60 inch back-fat,
6.87 square inch loin/2.29 inch loin depth, FFLI: 53.67%

Price Range $68.50 - $74.08
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 33,092

Base Price Range $66.88 - $79.44, Weighted Average $73.08
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                   NEGOTIATED PURCHASE (Including Packer Sold)

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

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

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

*Price not reported due to confidentiality* 
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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             23,779             Indiana               22,073
Kentucky              2,045             Michigan               8,730
North Carolina       14,637             Ohio                  15,627
Pennsylvania          3,953             Wisconsin                855
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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
0800C      www.ams.usda.gov/market-news/livestock-poultry-grain



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