National Daily Direct Prior Purchased Swine
USDA - Fri Mar 15, 8:07AM CDT
LM_HG200
Des Moines, Iowa                Fri, Mar 15, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, March 14, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                8,707           7,085          7,437
  Other Market Formula (Futures/Options)  140,214          39,493         35,496
  Swine or Pork Market Formula            126,377         128,892        133,444
  Other Purchase Arrangement               55,868          73,303         76,020
  Negotiated Formula                        1,492             709          2,072
Packer Sold (all purchase types)           13,124          17,975          7,637
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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         6,644   139,520     121,508      54,129        165  321,966
  Base Price         51.66     71.02       54.90       61.28          *    62.86
Packer Sold
  Head Count                                                              12,480
  Base Price                                                               53.99
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   7,244

Compared to Prior Day's closing weighted average (LM_HG200),   1.09 higher

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 0.49 lower to 3.86 higher, the market trend is sharply higher.   
Slow market activity with light demand. Snow melt and flooding causing issues
in the Midwest.

Base Price Rng $46.00 - $54.00, Wtd Avg $51.53, 5 Day Rolling Avg $49.20
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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):   7,409

*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  55.27   50.50  56.77   51.50  57.77   52.50  58.27   53.00  58.27
0.5   46.00  54.77   49.00  55.77   51.50  56.77   52.00  57.77   53.00  58.27
0.6   46.00  53.77   49.00  54.77   50.50  55.77   51.50  56.77   52.50  57.77
0.7   46.00  52.77   46.00  53.77   49.00  55.27   51.50  55.77   52.00  57.27
0.8   45.00  52.02   46.00  52.77   49.00  53.77   50.50  55.27   52.00  56.77
0.9   45.00  50.27   46.00  52.02   46.00  52.77   49.00  54.27   51.50  55.27
1.0   43.00  48.77   45.00  50.27   46.00  52.02   49.00  52.77   50.50  54.27
1.1   42.00  47.21   45.00  48.77   46.00  50.27   46.00  52.02   50.50  53.52
1.2   42.00  46.27   43.00  46.76   45.00  48.77   46.00  50.27   48.50  52.77
1.4   38.50  40.50   40.25  46.27   41.30  46.27   42.35  47.00   43.75  50.27
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -27.75 -5.01          175#   -3.00  0.00          205#   -4.00  0.00
    155#   -27.75  0.00          185#   -0.25  0.00          215#   -4.00  0.00
    165#   -15.00  0.00          195#   -1.00  0.00          225#   -4.00  0.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 202.10 lb carcass, 0.64 inch back-fat,
7.42 square inch loin/2.47 inch loin depth, FFLI: 53.29%

Price Range $51.50 - $56.77
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 132,119

Base Price Range $44.86 - $64.53, Weighted Average $54.85
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,775

Compared to Prior Day's closing weighted average (LM_HG200),  0.96 higher

Price Rng $30.50 - $42.00, Wtd Avg $40.06, 5 Day Rolling Avg $38.55
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,189

*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): 2,964

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

Arkansas                118             Canada                   530
Georgia                 165             Iowa                 122,221
Illinois             31,474             Indiana               29,214
Kansas                8,288             Kentucky               1,527
Michigan             12,338             Minnesota             53,081
Missouri              3,892             Montana                   75
North Carolina       10,643             North Dakota             170
Nebraska              4,866             Ohio                  53,405
Oklahoma              2,061             Pennsylvania           3,945
South Carolina          900             South Dakota           3,854
Tennessee             2,447             Wisconsin                568
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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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