Eastern Cornbelt Daily Direct Hogs Morning
USDA - Mon Apr 16, 10:41AM CDT
LM_HG209
Des Moines, Iowa                Mon, Apr 16, 2018               USDA Market News

EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, April 16, 2018
(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                                3,921      3,921      5,061      3,837
Other Market Formula (Futures/Options)   11,757     11,006      8,081     58,902
Swine or Pork Market Formula             39,481     34,063     31,461      8,919
Other Purchase Arrangement               28,186     24,802     19,018     15,457
Negotiated Formula                        1,786      1,786      2,205      2,129
Packer Sold (all purchase types)          4,415      4,415      5,232        110
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,160

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

Barrows & Gilts (carcass basis): 482

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

Barrows & Gilts (carcass basis): 3,642

*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

*Price not reported due to confidentiality*
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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): 27,891

Base Price Range $46.10 - $60.40, Weighted Average $53.61
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 321

Compared to Prior Day's closing weighted average (LM_HG207),  0.81 lower

Price Rng $33.00 - $38.00, Wtd Avg $36.57, 5 Day Rolling Avg $37.19
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 676

*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): 997

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

Georgia                 180               Illinois              19,972
Indiana              11,716               Kentucky               2,110
Michigan              4,549               Mississippi              278
North Carolina       19,043               Ohio                  10,139
Pennsylvania            574               South Carolina           170
Wisconsin               494
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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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