National Daily Direct Prior Purchased Swine
USDA - Fri Jan 11, 7:45AM CST
LM_HG200
Des Moines, Iowa                Fri, Jan 11, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, January 10, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                8,889           8,878          9,265
  Other Market Formula (Futures/Options)   45,491          44,201         41,509
  Swine or Pork Market Formula            141,848         141,244        140,430
  Other Purchase Arrangement               67,206          64,898         67,242
  Negotiated Formula                        1,943           1,574          1,762
Packer Sold (all purchase types)            8,408          10,130         10,720
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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         6,541    44,642     136,536      64,124        160  252,003
  Base Price         51.08     63.15       55.75       61.93          *    58.48
Packer Sold
  Head Count                                                               8,408
  Base Price                                                               53.82
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   6,541

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 1.00 lower to 3.26 higher, mostly 0.75 to 1.25 higher. Slow 
market activity with light demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.08 lower

Base Price Rng $47.00 - $53.00, Wtd Avg $51.08, 5 Day Rolling Avg $50.10
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   160

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

Barrows & Gilts (carcass basis):   6,701

*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   50.00  54.60   51.50  55.67   52.50  56.74   52.50  57.82   52.50  59.25
0.5   47.00  54.60   50.00  55.67   52.50  56.74   52.50  57.82   52.50  59.25
0.6   47.00  53.57   50.00  54.65   51.50  55.72   52.50  56.79   52.50  58.23
0.7   47.00  52.55   47.00  53.62   50.00  54.70   51.50  55.77   52.50  57.20
0.8   46.00  51.53   47.00  52.60   50.00  53.68   50.00  54.75   51.50  56.18
0.9   46.00  50.51   47.00  51.58   47.00  52.65   50.00  53.73   50.00  55.50
1.0   44.00  49.48   46.00  50.56   47.00  51.63   49.00  53.00   50.00  54.50
1.1   43.00  48.21   45.00  49.28   47.00  50.35   47.00  51.43   49.00  54.50
1.2   42.50  46.67   43.00  47.75   45.00  49.50   45.00  50.50   47.00  53.00
1.4   37.00  42.50   40.00  46.00   40.00  47.00   43.00  49.50   43.00  50.50
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -5.11          175#   -4.00  1.00          205#   -4.09  3.00
    155#   -30.00  0.00          185#   -1.00  1.50          215#   -4.09  3.00
    165#   -15.00  0.00          195#   -1.02  3.00          225#   -4.09  1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.20 lb carcass, 0.63 inch back-fat,
7.08 square inch loin/2.36 inch loin depth, FFLI: 53.23%

Price Range $52.50 - $56.79
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 141,982

Base Price Range $47.26 - $66.06, Weighted Average $55.66
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,673

Compared to Prior Day's closing weighted average (LM_HG200),  1.52 lower

Price Rng $31.00 - $42.00, Wtd Avg $38.53, 5 Day Rolling Avg $38.64
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,654

*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): 3,327

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

Canada                  342             Colorado                 160
Delaware                 40             Georgia                  340
Iowa                 97,193             Illinois              21,756
Indiana              25,116             Kansas                 2,602
Kentucky              1,820             Michigan               9,915
Minnesota            44,065             Missouri               3,682
North Carolina       16,014             North Dakota             385
Nebraska             17,248             Ohio                  15,321
Oklahoma              2,911             Pennsylvania           4,426
South Carolina          540             South Dakota           7,537
Tennessee             1,521             Wisconsin                851
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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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