Western Cornbelt Daily Direct Hogs Afternoon
USDA - Fri Aug 23, 10:43AM CDT
LM_HG212
Des Moines, Iowa                Fri, Aug 23, 2019               USDA Market News

WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, August 23, 2019
(Includes information from 1:30 PM to 1:30 PM.)

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

                                      Estimated     Actual     Actual     Actual
                                          Today      Today   Week Ago   Year Ago
Producer Sold
Negotiated                                5,340      5,340      3,564      2,403
Other Market Formula (Futures/Options)   28,522     28,522    169,873     22,405
Swine or Pork Market Formula             89,411     89,411     96,895    105,524
Other Purchase Arrangement               52,102     52,102     55,730     64,660
Negotiated Formula                            0          0          0          0
Packer Sold (all purchase types)          1,314      1,314      2,179      3,857
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 

Compared to Prior Day's closing weighted average (LM_HG208), 1.81 lower

Wtd Avg $63.71
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 
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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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          WESTERN 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

*Price not reported due to confidentiality*
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                        CARCASS WEIGHT DIFFERENTIALS

   145#    -30.00 -10.00        175#   -1.75  1.00          205#    0.00  3.00
   155#    -30.00  -6.45        185#   -0.25  2.00          215#   -0.25  3.00
   165#    -15.00  -3.37        195#    0.00  3.00          225#   -2.25  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): 92,850

Base Price Range $63.26 - $79.53, Weighted Average $71.30
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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):
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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

Iowa                 98,778               Kansas                 3,580
Minnesota            49,227               Missouri               4,080
Nebraska             15,604               South Dakota          10,436
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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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