National Daily Direct Prior Purchased Swine
USDA - Fri Aug 23, 3:57AM CDT
LM_HG200
Des Moines, Iowa                Fri, Aug 23, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
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                               10,865           7,558         11,682
  Other Market Formula (Futures/Options)   29,428          33,840         33,791
  Swine or Pork Market Formula            116,893         110,696        139,886
  Other Purchase Arrangement               82,321          73,111         80,807
  Negotiated Formula                          355             365            702
Packer Sold (all purchase types)           19,630          16,562          7,097
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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         9,411    28,912     108,723      78,691        195  225,932
  Base Price         66.00     65.62       72.19       73.12          *    71.35
Packer Sold
  Head Count                                                              19,519
  Base Price                                                               72.10
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   12,686

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 3.00 lower to 0.24 higher, mostly steady to 1.25 lower.  Moderate 
market activity and demand.

Compared to Prior Day's closing weighted average (LM_HG200),   1.42 lower

Base Price Rng $56.00 - $71.50, Wtd Avg $66.12, 5 Day Rolling Avg $68.37
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   195

*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):   12,881

*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   59.00  71.21   60.50  72.61   61.50  74.01   62.50  75.42   63.00  77.28
0.5   56.00  71.21   59.00  72.61   61.50  74.01   62.00  75.42   63.00  77.28
0.6   56.00  69.88   59.00  71.28   60.50  72.68   61.50  74.08   62.50  75.95
0.7   56.00  68.55   56.00  69.95   59.00  71.35   61.50  72.75   62.00  74.61
0.8   55.00  67.74   56.00  68.61   59.00  70.01   60.50  71.41   62.00  73.28
0.9   55.00  65.99   56.00  67.74   56.00  68.68   59.00  70.08   61.50  71.95
1.0   53.00  64.55   55.00  65.99   56.00  67.74   59.00  69.00   60.50  70.61
1.1   52.00  62.88   55.00  65.00   56.00  66.00   56.00  67.74   60.50  70.50
1.2   52.00  62.00   53.00  63.00   55.00  65.00   56.00  66.00   59.00  69.00
1.4   48.50  58.50   52.00  62.00   53.00  63.00   55.00  65.00   56.00  66.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -6.67          175#   -3.00  1.00          205#   -5.33  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -5.33  3.00
    165#   -15.00  0.00          195#   -1.33  3.00          225#   -5.33  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 199.60 lb carcass, 0.67 inch back-fat,
7.11 square inch loin/2.37 inch loin depth, FFLI: 52.66%

Price Range $61.50 - $72.75
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 119,293

Base Price Range $63.76 - $80.66, Weighted Average $72.33
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,014

Compared to Prior Day's closing weighted average (LM_HG200),  0.35 lower

Price Rng $45.50 - $56.21, Wtd Avg $52.10, 5 Day Rolling Avg $53.65
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 160

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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   COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,174

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

Canada                  295             Iowa                  95,138
Illinois             23,779             Indiana               22,073
Kansas                3,427             Kentucky               2,045
Michigan              8,730             Minnesota             42,086
Missouri              4,211             North Carolina        14,637
North Dakota            365             Nebraska              13,046
Ohio                 15,627             Oklahoma               3,119
Pennsylvania          3,953             South Dakota           6,106
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
           www.ams.usda.gov/market-news/livestock-poultry-grain
0800C

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