Eastern Cornbelt Daily Direct Hogs Afternoon
USDA - Tue Mar 13, 2:41PM CDT
LM_HG210
Des Moines, Iowa                Tue, Mar 13, 2018               USDA Market News

EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Tuesday, March 13, 2018
(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                                7,754      7,754      8,126      3,958
Other Market Formula (Futures/Options)    5,420      5,420      6,527     21,576
Swine or Pork Market Formula             39,126     39,126     33,252     37,052
Other Purchase Arrangement               32,383     32,383     32,677     26,931
Negotiated Formula                        2,524      2,524      1,798      1,371
Packer Sold (all purchase types)          2,106      2,106      1,785      1,461
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,400

Compared to Prior Day's closing weighted average (LM_HG207), no comparison

Base Price Rng $58.50 - $62.00, Wtd Avg $59.28, 5 Day Rolling Avg $60.80
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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 FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,400

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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          EASTERN 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 -5.97          175#   -1.50  1.00          205#   -4.78  3.00
    155#   -30.00  0.00          185#    0.00  1.50          215#   -4.78  3.00
    165#   -15.00  0.00          195#   -1.19  3.00          225#   -4.78  1.00
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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): 31,314

Base Price Range $59.74 - $68.89, Weighted Average $64.27
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 988

Compared to Prior Day's closing weighted average (LM_HG207),  1.29 higher

Price Rng $42.00 - $50.50, Wtd Avg $47.70, 5 Day Rolling Avg $48.45
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,285

*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): 2,273

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

Georgia                 165               Illinois              21,873
Indiana              15,389               Kentucky               1,752
Michigan              8,006               Mississippi              336
North Carolina       13,460               Ohio                  14,576
Pennsylvania          4,190               South Carolina           350
Tennessee                50               Wisconsin                317
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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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