National Daily Direct Hogs Morning
USDA - Wed Jun 13, 10:48AM CDT
LM_HG202
Des Moines, Iowa                Wed, Jun 13, 2018               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, June 13, 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                                7,889      5,710      5,291      8,026
Other Market Formula (Futures/Options)   25,351     23,835     18,070     29,656
Swine or Pork Market Formula             97,900     88,028     93,702     87,083
Other Purchase Arrangement               68,392     63,049     67,397     59,858
Negotiated Formula                        1,235      1,235        992      1,727
Packer Sold (all purchase types)          6,519      6,519      5,547      9,598
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,461

Compared to Prior Day's closing weighted average (LM_HG200),  1.07 higher

Base Price Rng $78.42 - $83.00, Wtd Avg $80.24, 5 Day Rolling Avg $77.41
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 75

*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): 4,536

*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 -7.84          175#   -3.00  1.00          205#   -6.27  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -6.27  3.00
    165#   -15.00  0.00          195#   -1.57  3.00          225#   -6.27  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): 86,077

Base Price Range $68.64 - $84.47, Weighted Average $78.82
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,009

Compared to Prior Day's closing weighted average (LM_HG200), 0.84 higher

Price Rng $56.35 - $62.30, Wtd Avg $59.88, 5 Day Rolling Avg $57.29
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,160

*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): 2,169

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

Georgia                 180               Iowa                  78,884
Illinois             17,303               Indiana                5,509
Kansas                2,606               Kentucky                 855
Maryland                265               Michigan               2,788
Minnesota            34,976               Missouri               2,477
Mississippi             236               Montana                  674
North Carolina       13,605               North Dakota             370
Nebraska             10,070               New York                 176
Ohio                  6,249               Oklahoma               1,966
Pennsylvania          3,114               South Carolina           170
South Dakota          5,079               Tennessee                475
Wisconsin               349
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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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