National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Fri, Aug 10, 2018               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, August 9, 2018

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                               10,534           7,003         15,350
  Other Market Formula (Futures/Options)   26,988          26,045         46,681
  Swine or Pork Market Formula            123,347         134,779        146,044
  Other Purchase Arrangement               97,455          81,012         62,863
  Negotiated Formula                        1,754               0          2,947
Packer Sold (all purchase types)            6,999          10,155         12,829
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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         9,032    26,130     116,270      93,917          0  245,349
  Base Price         45.93     55.42       55.52       64.35          *    58.54
Packer Sold
  Head Count                                                               6,923
  Base Price                                                               55.87
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   9,032

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were unchanged to 2.69 lower, trading occurred throughout the full range. 
Slow to moderate market activity with moderate demand.

Compared to Prior Day's closing weighted average (LM_HG200),   1.76 lower

Base Price Rng $45.00 - $48.00, Wtd Avg $45.93, 5 Day Rolling Avg $49.80
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   0                   5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   9,032

*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   47.00  50.00   48.00  51.50   49.00  52.50   47.50  53.00   47.50  53.11
0.5   45.00  49.50   47.00  50.50   49.00  51.50   47.50  52.50   47.50  53.11
0.6   45.00  48.50   46.50  49.50   48.00  50.50   49.00  51.50   47.50  52.50
0.7   45.00  47.50   45.00  48.50   47.00  50.00   47.50  50.50   47.50  52.00
0.8   44.00  46.75   45.00  47.50   46.00  48.50   46.00  50.00   47.50  51.50
0.9   43.00  45.27   45.00  46.75   45.00  47.50   46.00  49.00   46.00  50.50
1.0   42.00  44.35   43.00  45.32   43.00  46.75   45.00  48.00   46.00  49.50
1.1   40.50  43.21   41.00  44.17   43.00  45.13   43.00  46.75   45.00  49.50
1.2   37.50  41.83   39.00  42.80   41.00  44.50   41.00  45.50   43.00  48.00
1.4   32.50  37.50   36.00  41.00   36.00  42.00   38.76  44.50   39.00  45.50
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.58          175#   -4.00  1.00          205#   -3.67  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -3.67  3.00
    165#   -15.00  0.00          195#   -0.92  3.00          225#   -3.67  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 194.50 lb carcass, 0.63 inch back-fat,
6.81 square inch loin/2.27 inch loin depth, FFLI: 53.15%

Price Range $49.00 - $51.50
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 120,062

Base Price Range $45.40 - $67.42, Weighted Average $55.48
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,196

Compared to Prior Day's closing weighted average (LM_HG200),  5.31 lower

Price Rng $30.00 - $42.00, Wtd Avg $35.02, 5 Day Rolling Avg $40.44
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,754

*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): 2,950

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

Canada                  223             Georgia                  710
Iowa                111,252             Illinois              21,178
Indiana              10,454             Kansas                 3,225
Kentucky              1,040             Michigan               7,062
Minnesota            50,922             Missouri               2,688
North Carolina       13,425             North Dakota             570
Nebraska             17,092             Ohio                  14,023
Oklahoma              2,208             Pennsylvania           4,120
South Carolina          540             South Dakota           5,520
Wisconsin               825
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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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