National Daily Direct Hogs Morning
USDA - Thu Oct 11, 11:27AM CDT
LM_HG202
Des Moines, Iowa                Thu, Oct 11, 2018               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, October 11, 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                                7,844      5,014      7,912      6,177
Other Market Formula (Futures/Options)   26,592     23,484     21,746     40,093
Swine or Pork Market Formula            103,075     92,962     84,570    112,064
Other Purchase Arrangement               71,473     65,689     78,281     61,167
Negotiated Formula                        1,167      1,167      1,035      1,725
Packer Sold (all purchase types)          6,712      6,712      5,851      8,525
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,191

Compared to Prior Day's closing weighted average (LM_HG200),  0.34 higher

Base Price Rng $58.00 - $63.42, Wtd Avg $62.99, 5 Day Rolling Avg $63.19
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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 PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,191

*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 -6.34          175#   -1.75  1.00          205#   -5.07  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -5.07  3.00
    165#   -15.00  0.00          195#   -1.27  3.00          225#   -5.07  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): 91,969

Base Price Range $60.07 - $75.23, Weighted Average $67.59
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 652

Compared to Prior Day's closing weighted average (LM_HG200), 1.87 higher

Price Rng $46.32 - $51.50, Wtd Avg $49.87, 5 Day Rolling Avg $48.87
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,421

*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): 2,073

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

Georgia                 540               Iowa                  77,224
Illinois             12,569               Indiana                7,033
Kansas                3,658               Kentucky               1,602
Michigan              4,766               Minnesota             37,126
Missouri              4,963               North Carolina        16,932
Nebraska              9,848               New York                 174
Ohio                 11,858               Oklahoma               2,367
Pennsylvania          2,292               South Carolina           710
South Dakota          1,880               Tennessee                971
Wisconsin               195
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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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