National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Wed, Sep 18, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, September 17, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                               18,520          13,105         11,368
  Other Market Formula (Futures/Options)   56,866          38,720         82,303
  Swine or Pork Market Formula            112,560         107,913        118,268
  Other Purchase Arrangement               94,579         110,160         84,393
  Negotiated Formula                          630             618            443
Packer Sold (all purchase types)           19,587          20,358          9,351
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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        16,921    55,361     103,405      87,804        630  264,121
  Base Price         44.93     67.43       54.26       61.80          *    58.80
Packer Sold
  Head Count                                                              18,276
  Base Price                                                               50.84
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   19,011

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 1.00 lower to 0.17 higher, market not well established. Active 
market activity with moderate demand.

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

Base Price Rng $41.00 - $47.00, Wtd Avg $45.09, 5 Day Rolling Avg $45.80
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   630

*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):   19,641

*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   44.00  48.00   45.50  49.50   46.50  50.00   46.50  51.00   46.50  51.50
0.5   41.00  46.75   44.00  48.00   46.50  50.00   46.50  50.50   46.50  51.50
0.6   41.00  46.50   44.00  47.50   45.50  49.00   46.50  50.00   46.50  51.00
0.7   41.00  45.00   41.00  45.91   44.00  47.50   46.50  50.00   46.50  50.50
0.8   40.00  44.50   41.00  45.04   44.00  47.50   45.00  49.00   46.50  50.50
0.9   40.00  44.00   41.00  44.50   41.00  45.50   44.00  47.50   45.00  50.00
1.0   38.00  42.37   40.00  44.00   41.00  45.00   44.00  47.50   45.00  49.00
1.1   37.00  41.28   40.00  43.50   41.00  44.50   41.00  45.50   44.00  49.00
1.2   36.50  40.50   38.00  41.50   40.00  44.00   40.00  45.00   42.00  47.50
1.4   31.50  37.00   35.00  40.50   35.00  41.50   37.03  44.00   38.00  45.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.38          175#   -4.00  1.00          205#   -3.50  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -3.50  3.00
    165#   -15.00  0.00          195#   -0.88  3.00          225#   -3.50  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 200.80 lb carcass, 0.63 inch back-fat,
6.87 square inch loin/2.29 inch loin depth, FFLI: 53.12%

Price Range $46.50 - $50.00
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 116,521

Base Price Range $43.74 - $67.71, Weighted Average $53.94
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,130

Compared to Prior Day's closing weighted average (LM_HG200),  0.99 lower

Price Rng $33.40 - $39.00, Wtd Avg $36.82, 5 Day Rolling Avg $37.33
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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): 1,130

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

Arkansas                 82             California               389
Canada                  325             Iowa                 112,523
Illinois             24,133             Indiana               20,109
Kansas                3,252             Kentucky               1,028
Maryland                164             Michigan              10,359
Minnesota            57,046             Missouri               3,743
Mississippi             276             Montana                1,032
North Carolina       14,957             North Dakota             525
Nebraska             17,343             New York                 167
Ohio                 14,048             Oklahoma               3,517
Pennsylvania          3,667             South Carolina         1,260
South Dakota         10,806             Utah                   1,186
Virginia                100             Wisconsin                705
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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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