National Daily Direct Hogs Afternoon
USDA - Fri Sep 13, 10:57AM CDT
LM_HG203
Des Moines, Iowa                Fri, Sep 13, 2019               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, September 13, 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                               10,811     10,811      7,090      7,786
Other Market Formula (Futures/Options)  145,085    145,085     43,627     36,800
Swine or Pork Market Formula            117,320    117,320    118,979    114,507
Other Purchase Arrangement               84,355     84,355     88,290    109,158
Negotiated Formula                          660        660      2,458      1,987
Packer Sold (all purchase types)         15,454     15,454     15,228      8,864
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 11,770

Compared to Prior Day's closing weighted average (LM_HG200),  0.64 lower

Base Price Rng $44.00 - $51.00, Wtd Avg $45.67, 5 Day Rolling Avg $47.94
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 545

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

Barrows & Gilts (carcass basis): 12,315

*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 -4.47          175#   -1.75  1.00          205#   -3.58  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -3.58  3.00
    165#   -15.00  0.00          195#   -0.89  3.00          225#   -3.58  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): 122,566

Base Price Range $43.81 - $69.97, Weighted Average $56.10
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 621

Compared to Prior Day's closing weighted average (LM_HG200), 2.71 lower

Price Rng $30.00 - $38.50, Wtd Avg $34.90, 5 Day Rolling Avg $39.21
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 115

*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): 736

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

Canada                  851               Georgia                    4
Iowa                183,134               Illinois              21,283
Indiana              29,908               Kansas                 2,043
Kentucky              2,350               Michigan               7,534
Minnesota            55,431               Missouri               3,873
Montana                 211               North Carolina        14,354
North Dakota            175               Nebraska              15,572
Ohio                 16,298               Oklahoma               3,491
Pennsylvania          4,511               South Carolina           360
South Dakota          8,974               Tennessee              1,813
Utah                     77               Wisconsin              1,438
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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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