National Daily Direct Prior Purchased Swine
USDA - Mon Sep 16, 4:17AM CDT
LM_HG200
Des Moines, Iowa                Mon, Sep 16, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, September 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                                6,914           7,380          7,720
  Other Market Formula (Futures/Options)  186,307          61,341         76,781
  Swine or Pork Market Formula            146,306         196,706        155,643
  Other Purchase Arrangement               96,130         169,695        196,686
  Negotiated Formula                          710           3,583          2,152
Packer Sold (all purchase types)           23,716          36,801         12,798
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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         5,820   185,453     140,479      92,189        545  424,486
  Base Price         44.34     75.31       55.29       62.67          *    65.42
Packer Sold
  Head Count                                                              22,834
  Base Price                                                               52.74
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   8,070

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 2.14 lower to 2.00 higher, not well established. Slow market 
activity with light demand.

Compared to Prior Day's closing weighted average (LM_HG200),   1.36 lower

Base Price Rng $44.00 - $51.00, Wtd Avg $44.95, 5 Day Rolling Avg $47.94
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   545

*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):   8,615

*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 -4.47          175#   -1.75  1.00          205#   -3.58  3.00
    155#   -30.00  0.00          185#   -0.25  1.50          215#   -3.58  3.00
    165#   -15.00  0.00          195#   -0.89  3.00          225#   -3.58  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): 160,088

Base Price Range $43.81 - $66.95, Weighted Average $55.02
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                   NEGOTIATED PURCHASE (Including Packer Sold)

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

Compared to Prior Day's closing weighted average (LM_HG200),  3.65 lower

Price Rng $30.00 - $38.50, Wtd Avg $33.96, 5 Day Rolling Avg $38.78
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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): 620

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

Canada                  577             Delaware                  35
Georgia                 164             Iowa                 236,349
Illinois             25,398             Indiana               27,279
Kansas                4,613             Kentucky               2,884
Maryland                 51             Michigan               6,564
Minnesota            60,249             Missouri               4,059
Mississippi             414             Montana                  211
North Carolina       31,138             Nebraska              18,954
Ohio                 17,762             Oklahoma               3,840
Pennsylvania          4,134             South Dakota          11,472
Tennessee             1,651             Utah                     853
Wisconsin             1,432
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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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