National Daily Direct Prior Purchased Swine
USDA - Fri Jul 12, 4:04AM CDT
LM_HG200
Des Moines, Iowa                Fri, Jul 12, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, July 11, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                6,657           8,551          9,260
  Other Market Formula (Futures/Options)   48,768          38,565         28,615
  Swine or Pork Market Formula            115,906         155,090        124,046
  Other Purchase Arrangement               73,049          98,217         76,005
  Negotiated Formula                          325             160          1,978
Packer Sold (all purchase types)           17,005          20,915          7,492
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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         4,763    48,595     109,305      69,389        325  232,377
  Base Price         66.73     72.39       68.17       69.47          *    69.32
Packer Sold
  Head Count                                                              16,885
  Base Price                                                               72.43
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   6,413

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 1.93 lower to 1.34 higher, mostly 0.75 to 1.25 higher. Slow
active market activity with light demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.29 higher

Base Price Rng $56.00 - $71.00, Wtd Avg $67.83, 5 Day Rolling Avg $66.95
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   325

*Price not reported due to confidentiality* 5 Day Rolling Avg $66.50
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   6,738

*Price not reported due to confidentiality* 5 Day Rolling Avg $65.82
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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  71.00   60.50  72.50   61.50  73.14   62.50  74.52   63.00  76.37
0.5   56.00  70.37   59.00  71.75   61.50  73.14   62.00  74.52   63.00  76.37
0.6   56.00  69.50   59.00  70.44   60.50  71.82   61.50  73.20   62.50  75.05
0.7   56.00  68.00   56.00  69.12   59.00  70.50   61.50  71.89   62.00  73.73
0.8   55.00  67.00   56.00  68.00   59.00  69.18   60.50  70.57   62.00  72.41
0.9   55.00  65.10   56.00  67.00   56.00  67.87   59.00  69.25   61.50  71.10
1.0   53.00  65.00   55.00  65.17   56.00  66.55   59.00  67.93   60.50  69.78
1.1   52.00  63.00   55.00  63.52   56.00  65.00   56.00  66.29   60.50  68.13
1.2   52.00  61.00   53.00  61.54   55.00  63.00   56.00  64.31   59.00  66.15
1.4   48.50  55.00   52.00  58.00   53.00  58.00   55.00  61.00   56.00  61.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -6.59          175#   -3.00  1.00          205#   -5.27  3.00
    155#   -30.00  0.00          185#   -0.25  1.50          215#   -5.27  3.00
    165#   -15.00  0.00          195#   -1.32  3.00          225#   -5.27  1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 200.90 lb carcass, 0.71 inch back-fat,
6.84 square inch loin/2.28 inch loin depth, FFLI: 51.85%

Price Range $61.50 - $71.89
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 120,502

Base Price Range $60.66 - $73.68, Weighted Average $68.56
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,593

Compared to Prior Day's closing weighted average (LM_HG200),  0.04 higher

Price Rng $45.00 - $55.00, Wtd Avg $52.28, 5 Day Rolling Avg $51.84
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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 AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,593

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

Canada                  417             Delaware                  39
Iowa                 92,298             Illinois              29,398
Indiana              17,947             Kansas                 3,917
Kentucky              2,870             Maryland                 164
Michigan              7,432             Minnesota             44,965
Missouri              4,089             North Carolina        13,024
North Dakota            535             Nebraska              14,864
Ohio                 15,085             Oklahoma               2,778
Pennsylvania          3,506             South Dakota           5,015
Tennessee             2,239             Wisconsin                957
West Virginia           171
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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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