National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Wed, Aug 14, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, August 13, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                               10,316          19,296          8,613
  Other Market Formula (Futures/Options)   32,434          32,200         54,576
  Swine or Pork Market Formula            106,727         111,256        133,495
  Other Purchase Arrangement              106,798          88,338         84,330
  Negotiated Formula                          165             200          1,695
Packer Sold (all purchase types)           18,159          22,591          9,169
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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         9,202    31,274     100,353     102,233        165  243,227
  Base Price         69.57     77.89       77.23       78.80          *    77.63
Packer Sold
  Head Count                                                              16,983
  Base Price                                                               75.58
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   14,442

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 10.98 lower to 3.00 higher, mostly steady.  Active market activity 
with moderate to good demand.

Compared to Prior Day's closing weighted average (LM_HG200),   1.28 higher

Base Price Rng $58.52 - $72.50, Wtd Avg $70.03, 5 Day Rolling Avg $71.12
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   165

*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):   14,607

*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   64.00  76.50   65.50  78.00   66.50  79.00   67.50  79.50   68.00  79.50
0.5   61.00  76.00   64.00  77.00   66.50  78.00   67.00  79.00   68.00  79.50
0.6   61.00  75.00   64.00  76.00   65.50  77.00   66.50  78.00   67.50  79.00
0.7   61.00  74.00   61.00  75.00   64.00  76.50   66.50  77.00   67.00  78.50
0.8   60.00  73.25   61.00  74.00   64.00  75.00   65.50  76.50   67.00  78.00
0.9   60.00  71.50   61.00  73.25   61.00  74.00   64.00  75.50   66.50  76.50
1.0   58.00  70.00   60.00  71.50   61.00  73.25   64.00  74.00   65.50  75.50
1.1   57.00  67.50   60.00  70.00   61.00  71.50   61.00  73.25   65.50  74.75
1.2   57.00  67.50   58.00  67.50   60.00  70.00   61.00  71.50   64.00  74.00
1.4   52.19  61.50   53.59  67.50   54.99  67.50   56.39  67.50   58.25  71.50
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -6.67          175#   -1.75  1.00          205#   -5.33  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -5.33  3.00
    165#   -15.00  0.00          195#   -1.33  3.00          225#   -5.33  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 199.60 lb carcass, 0.67 inch back-fat,
7.11 square inch loin/2.37 inch loin depth, FFLI: 52.66%

Price Range $66.50 - $77.00
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 111,864

Base Price Range $67.17 - $88.71, Weighted Average $77.18
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 906

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

Price Rng $52.15 - $57.00, Wtd Avg $55.16, 5 Day Rolling Avg $57.13
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 0           5 Day Rolling Avg $--
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   COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 906

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

California              184             Canada                   152
Iowa                109,984             Illinois              18,129
Indiana              18,619             Kansas                 2,870
Kentucky              1,365             Maryland                 159
Michigan              8,675             Minnesota             49,886
Missouri              4,853             Mississippi              256
Montana                 786             North Carolina        15,231
Nebraska             13,590             New York                 170
Ohio                 13,143             Oklahoma               2,194
Pennsylvania          3,600             South Carolina           900
South Dakota          9,267             Utah                   1,176
Wisconsin             1,110
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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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