National Daily Direct Hogs Morning
USDA - Fri Aug 23, 6:38AM CDT
LM_HG202
Des Moines, Iowa                Fri, Aug 23, 2019               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, August 23, 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                                7,087      5,513      3,977      6,891
Other Market Formula (Futures/Options)   19,946     18,035    164,791     24,140
Swine or Pork Market Formula            102,510     94,538     88,251    108,665
Other Purchase Arrangement               58,161     53,426     55,317     81,797
Negotiated Formula                          500          0        165        531
Packer Sold (all purchase types)         12,958     12,958     15,370      4,369
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 6,166

Compared to Prior Day's closing weighted average (LM_HG200),  1.02 lower

Base Price Rng $56.00 - $70.00, Wtd Avg $65.10, 5 Day Rolling Avg $67.87
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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): 6,166

*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 -6.47          175#   -1.75  1.00          205#   -5.17  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -5.17  3.00
    165#   -15.00  0.00          195#   -1.29  3.00          225#   -5.17  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): 98,431

Base Price Range $63.76 - $79.53, Weighted Average $71.99
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 584

Compared to Prior Day's closing weighted average (LM_HG200), 2.97 lower

Price Rng $45.50 - $53.35, Wtd Avg $49.13, 5 Day Rolling Avg $53.31
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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 & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 584

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

Canada                  726               Iowa                  61,620
Illinois             15,650               Indiana                7,279
Kansas                3,410               Kentucky                 350
Michigan              4,912               Minnesota             38,501
Missouri              4,080               Montana                  213
North Carolina       14,637               North Dakota             195
Nebraska             10,249               Ohio                  11,947
Oklahoma              3,119               Pennsylvania           2,828
South Dakota          4,471               Wisconsin                325
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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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