National Daily Direct Hogs Afternoon
LM_HG203
Des Moines, Iowa                Fri, Jun 08, 2018               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, June 8, 2018
(Includes information from 1:30 PM to 1:30 PM.)

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

                                      Estimated     Actual     Actual     Actual
                                          Today      Today   Week Ago   Year Ago
Producer Sold
Negotiated                                8,072      8,072      5,900      6,400
Other Market Formula (Futures/Options)   42,197     42,197     43,299     98,487
Swine or Pork Market Formula            132,261    132,261    159,716    131,332
Other Purchase Arrangement               75,127     75,127     92,560     72,364
Negotiated Formula                        1,167      1,167      1,957      2,126
Packer Sold (all purchase types)          6,318      6,318      8,001      9,550
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 6,535

Compared to Prior Day's closing weighted average (LM_HG200),  1.07 higher

Base Price Rng $70.00 - $79.00, Wtd Avg $76.48, 5 Day Rolling Avg $72.73
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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 PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 6,535

*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   73.00  79.06   74.50  80.62   75.50  82.17   76.00  83.73   76.00  85.80
0.5   70.00  79.06   73.00  80.62   75.50  82.17   76.00  83.73   76.00  85.80
0.6   70.00  77.58   73.00  79.14   74.50  80.69   75.50  82.25   76.00  84.32
0.7   70.00  76.10   70.00  77.66   73.00  79.21   75.50  80.77   76.00  82.84
0.8   69.00  74.62   70.00  76.18   73.00  78.00   74.50  79.50   76.00  81.36
0.9   69.00  74.00   70.00  75.00   70.00  76.25   73.00  78.00   74.50  80.50
1.0   67.00  72.00   69.00  74.00   70.00  75.00   73.00  78.00   74.50  79.50
1.1   66.00  71.00   69.00  74.00   70.00  75.00   70.00  75.00   73.50  79.50
1.2   66.00  71.00   67.00  72.00   69.00  74.00   69.50  75.00   71.50  78.00
1.4   57.97  67.50   59.52  71.00   61.07  72.00   62.63  74.00   64.70  75.00
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -7.40          175#   -4.00  1.00          205#   -5.92  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -5.92  3.00
    165#   -15.00  0.00          195#   -1.48  3.00          225#   -5.92  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 192.85 lb carcass, 0.58 inch back-fat,
6.72 square inch loin/2.24 inch loin depth, FFLI: 53.92%

Price Range $75.50 - $82.25
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 130,150

Base Price Range $66.22 - $80.41, Weighted Average $74.00
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,848

Compared to Prior Day's closing weighted average (LM_HG200), 0.29 lower

Price Rng $53.50 - $60.00, Wtd Avg $56.72, 5 Day Rolling Avg $55.10
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 994

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,842

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

Alabama                 164               Canada                   347
Colorado                160               Georgia                  520
Iowa                101,115               Illinois              18,493
Indiana              19,640               Kansas                 2,933
Kentucky              1,250               Maryland                 170
Michigan              5,465               Minnesota             39,038
Missouri              3,208               Montana                  187
North Carolina       13,739               Nebraska              17,688
Ohio                 27,497               Oklahoma               3,139
Pennsylvania          4,423               South Carolina           170
South Dakota          5,538               Tennessee                112
Wisconsin               146
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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.

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

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