National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Tue, Jul 16, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, July 15, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                5,696           8,752         10,160
  Other Market Formula (Futures/Options)  232,998          35,941         42,229
  Swine or Pork Market Formula            108,417         111,772        131,325
  Other Purchase Arrangement               89,195          81,781         90,783
  Negotiated Formula                          307             374          1,466
Packer Sold (all purchase types)           18,611          14,800         10,769
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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         4,538   231,771     103,032      85,332        142  424,815
  Base Price         66.80     79.70       68.61       69.84          *    74.87
Packer Sold
  Head Count                                                              18,609
  Base Price                                                               72.35
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   8,028

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were unchanged to 0.31 higher higher, mostly steady to firm. Slow market 
activity with light demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.53 higher

Base Price Rng $57.00 - $71.50, Wtd Avg $68.61, 5 Day Rolling Avg $67.69
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   142

*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):   8,170

*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 -6.61          175#   -1.75  1.00          205#   -5.28  3.00
    155#   -30.00  0.00          185#   -0.25  1.50          215#   -5.28  3.00
    165#   -15.00  0.00          195#   -1.32  3.00          225#   -5.28  1.00
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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): 114,591

Base Price Range $60.48 - $74.81, Weighted Average $69.08
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 834

Compared to Prior Day's closing weighted average (LM_HG200),  1.62 higher

Price Rng $49.50 - $54.50, Wtd Avg $52.82, 5 Day Rolling Avg $52.00
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 165

*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): 999

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

Canada                  314             Iowa                 296,851
Illinois             19,945             Indiana               16,533
Kansas                2,666             Kentucky               2,382
Michigan              7,845             Minnesota             46,339
Missouri              6,368             Montana                  730
North Carolina       12,589             North Dakota             175
Nebraska             15,430             Ohio                  10,930
Oklahoma              1,651             Pennsylvania           4,387
South Carolina          180             South Dakota           6,819
Tennessee             2,581             Wisconsin                509
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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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