National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Fri, Dec 07, 2018               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, December 6, 2018

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                7,159           9,266          7,528
  Other Market Formula (Futures/Options)   38,366          30,926         54,874
  Swine or Pork Market Formula            132,841         135,750        149,243
  Other Purchase Arrangement               80,929          78,114         65,652
  Negotiated Formula                        2,320           1,744          1,614
Packer Sold (all purchase types)           10,582          10,430         11,982
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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         5,287    38,190     125,473      76,948      1,005  246,903
  Base Price         47.41     56.44       54.09       60.11          *    55.97
Packer Sold
  Head Count                                                              10,412
  Base Price                                                               51.82
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   5,287

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were unchanged to 2.00 lower, the market trend is not well established. 
Slow market activity with light demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.14 lower

Base Price Rng $44.00 - $48.52, Wtd Avg $47.41, 5 Day Rolling Avg $48.41
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   1,005

*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):   6,292

*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   49.00  51.82   50.50  52.84   51.50  53.86   52.50  54.88   53.00  56.23
0.5   46.00  51.82   49.00  52.84   50.25  53.86   51.75  54.88   51.75  56.23
0.6   46.00  50.85   48.75  51.87   50.25  52.89   50.25  53.91   51.75  55.26
0.7   46.00  49.88   46.00  50.90   48.75  51.92   48.75  52.94   50.25  54.29
0.8   45.00  48.91   46.00  49.93   47.25  50.95   47.25  51.96   48.75  53.32
0.9   44.25  47.94   46.00  48.96   46.00  49.98   47.25  50.99   47.25  52.35
1.0   43.00  46.97   44.25  47.99   44.25  49.01   46.25  50.02   47.25  51.38
1.1   42.00  45.75   42.25  46.77   44.25  47.79   44.25  48.81   46.25  50.50
1.2   40.25  44.30   40.25  45.32   42.25  46.34   42.25  47.36   44.25  49.00
1.4   34.25  38.50   37.25  42.01   37.25  43.00   40.25  45.00   40.25  46.01
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -4.85          175#   -3.00  1.00          205#   -3.88  3.00
    155#   -30.00  0.00          185#   -0.25  1.50          215#   -3.88  3.00
    165#   -15.00  0.00          195#   -0.97  3.00          225#   -3.88  1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 199.50 lb carcass, 0.63 inch back-fat,
7.11 square inch loin/2.37 inch loin depth, FFLI: 53.29%

Price Range $50.25 - $53.91
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 132,437

Base Price Range $44.59 - $68.12, Weighted Average $53.99
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,016

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

Price Rng $36.00 - $40.00, Wtd Avg $38.11, 5 Day Rolling Avg $38.72
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,455

*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): 2,471

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

Canada                   65             Georgia                  340
Iowa                 99,167             Illinois              22,183
Indiana              23,384             Kansas                 2,068
Kentucky              2,366             Michigan               9,154
Minnesota            43,563             Missouri               2,810
Montana                  56             North Carolina        16,404
North Dakota            730             Nebraska              16,825
Ohio                 15,178             Oklahoma               2,979
Pennsylvania          4,498             South Carolina           180
South Dakota          7,499             Tennessee              2,263
Wisconsin               485
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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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