National Daily Direct Prior Purchased Swine
USDA - Wed Jun 12, 3:50AM CDT
LM_HG200
Des Moines, Iowa                Wed, Jun 12, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, June 11, 2019

                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                7,675           5,509          8,437
  Other Market Formula (Futures/Options)   35,961          37,306         57,156
  Swine or Pork Market Formula            121,422         114,087        131,096
  Other Purchase Arrangement               80,429          72,586         79,228
  Negotiated Formula                          400           1,177          1,377
Packer Sold (all purchase types)           24,476          20,524          9,703
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                NEGOTIATED     OTHER       SWINE       OTHER NEGOTIATED  TOTALS/
                              MARKET     OR PORK    PURCHASE    FORMULA  WTD AVG
                             FORMULA      MARKET    ARRGMENT
                           (FUT/OPT)**   FORMULA
Barrows & Gilts (carcass basis):

Producer Sold
  Head Count         6,464    35,143     113,225      76,671          0  231,503
  Base Price         74.38     77.07       77.18       78.01          *    77.36
Packer Sold
  Head Count                                                              23,113
  Base Price                                                               78.77
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   13,189

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 0.64 lower to 0.50 higher, mostly steady. Moderate to active
market activity with moderate demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.50 higher

Base Price Rng $67.00 - $77.00, Wtd Avg $75.20, 5 Day Rolling Avg $75.71
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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 PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   13,189

*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

                             LOIN AREA/DEPTH (INCHES)

BF      4.0/ 1.4       5.0/ 1.7       6.0/ 2.0       7.0/ 2.3       8.0/ 2.7
0.4   70.00  80.21   71.50  81.78   72.50  83.36   73.50  84.94   74.00  87.04
0.5   67.00  80.21   70.00  81.78   72.50  83.36   73.00  84.94   74.00  87.04
0.6   67.00  78.70   70.00  80.28   71.50  81.86   72.50  83.44   73.50  85.54
0.7   67.00  77.20   67.00  78.78   70.00  80.36   72.50  81.93   73.00  84.04
0.8   66.00  75.70   67.00  77.28   70.00  78.86   71.50  80.43   73.00  82.53
0.9   66.00  74.20   67.00  75.78   67.00  77.35   70.00  78.93   72.50  81.03
1.0   64.00  72.70   66.00  74.27   67.00  75.85   70.00  77.43   71.50  79.53
1.1   63.00  70.82   66.00  72.40   67.00  73.97   67.00  75.55   71.50  77.65
1.2   63.00  69.50   64.00  70.14   66.00  72.00   67.00  73.50   70.00  76.00
1.4   58.80  65.50   60.38  69.50   61.96  70.00   63.53  72.00   65.64  73.50
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -27.75 -7.51          175#   -3.00  0.00          205#   -6.01  0.00
    155#   -27.75  0.00          185#   -0.25  0.00          215#   -6.01  0.00
    165#   -15.00  0.00          195#   -1.50  0.00          225#   -6.01  0.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.60 lb carcass, 0.71 inch back-fat,
7.05 square inch loin/2.35 inch loin depth, FFLI: 51.97%

Price Range $72.50 - $81.93
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 124,872

Base Price Range $71.70 - $83.20, Weighted Average $77.47
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,053

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

Price Rng $51.50 - $61.15, Wtd Avg $58.61, 5 Day Rolling Avg $58.93
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 270

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

Barrows & Gilts (live basis, 240-320 lbs): 1,323

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

California              168             Canada                   191
Iowa                107,019             Illinois              24,439
Indiana              19,155             Kansas                 2,618
Kentucky              1,362             Maryland                 112
Michigan              8,282             Minnesota             43,323
Missouri              3,807             Mississippi              264
Montana                 980             North Carolina        14,140
North Dakota            175             Nebraska              15,649
New York                167             Ohio                  13,692
Oklahoma              2,007             Pennsylvania           3,860
South Carolina          360             South Dakota           6,733
Utah                  1,208             Wisconsin              1,502
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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.
** Futures/Options

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
0800C

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