National Daily Direct Hogs Morning
USDA - Mon Apr 16, 10:41AM CDT
LM_HG202
Des Moines, Iowa                Mon, Apr 16, 2018               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
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                                7,368      5,023      9,507      4,454
Other Market Formula (Futures/Options)   26,452     24,422     25,078     61,353
Swine or Pork Market Formula            125,129    114,461    139,839     68,185
Other Purchase Arrangement              167,708    162,025    175,868     98,142
Negotiated Formula                        1,786      1,786      2,305      2,129
Packer Sold (all purchase types)         10,633     10,633     13,974      3,993
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,233

Compared to Prior Day's closing weighted average (LM_HG200),  0.03 lower

Base Price Rng $44.00 - $50.15, Wtd Avg $50.10, 5 Day Rolling Avg $48.22
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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 PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,715

*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 -5.02          175#   -1.75  1.00          205#   -4.01  3.00
    155#   -30.00  0.00          185#   -0.25  1.50          215#   -4.01  3.00
    165#   -15.00  0.00          195#   -1.00  3.00          225#   -4.01  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): 116,841

Base Price Range $46.10 - $62.39, Weighted Average $53.66
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 950

Compared to Prior Day's closing weighted average (LM_HG200), 0.86 higher

Price Rng $33.00 - $43.00, Wtd Avg $39.38, 5 Day Rolling Avg $37.44
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,272

*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): 2,222

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

Georgia                 180               Iowa                 184,079
Illinois             19,972               Indiana               11,716
Kansas                2,840               Kentucky               2,110
Michigan              4,549               Minnesota             38,656
Missouri              4,277               Mississippi              278
Montana                 658               North Carolina        19,043
Nebraska             12,136               Ohio                  10,139
Oklahoma              2,490               Pennsylvania             574
South Carolina          170               South Dakota           5,877
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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