National Daily Direct Hogs Morning
LM_HG202
Des Moines, Iowa                Thu, Dec 06, 2018               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, December 6, 2018
(Includes information from 1:30 PM to 9:30 AM.)

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

                                      Estimated     Actual     Actual     Actual
                                          Today      Today   Week Ago   Year Ago
Producer Sold
Negotiated                                8,639      6,549      4,062      7,273
Other Market Formula (Futures/Options)   28,673     26,092     20,675     12,704
Swine or Pork Market Formula            104,267     93,685     97,632    104,447
Other Purchase Arrangement               75,436     67,225     64,788     64,606
Negotiated Formula                        1,825      1,815      1,744      1,449
Packer Sold (all purchase types)          7,154      7,154      7,081     10,787
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 5,084

Compared to Prior Day's closing weighted average (LM_HG200),  0.33 higher

Base Price Rng $44.00 - $48.52, Wtd Avg $47.88, 5 Day Rolling Avg $48.50
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 500

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

Barrows & Gilts (carcass basis): 5,584

*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#   -27.75 -4.85          175#   -1.75  0.00          205#   -3.88  0.00
    155#   -27.75  0.00          185#   -0.25  0.00          215#   -3.88  0.00
    165#   -15.00  0.00          195#   -0.97  0.00          225#   -3.88 -1.33
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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): 93,147

Base Price Range $44.59 - $68.12, Weighted Average $54.95
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 911

Compared to Prior Day's closing weighted average (LM_HG200), 0.47 higher

Price Rng $34.00 - $39.50, Wtd Avg $37.74, 5 Day Rolling Avg $38.84
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,455

*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): 2,366

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

Georgia                 180               Iowa                  76,810
Illinois             18,097               Indiana               12,246
Kansas                2,203               Kentucky                 683
Michigan              6,100               Minnesota             34,661
Missouri              3,757               North Carolina        16,519
Nebraska             11,060               New York                 171
Ohio                  8,431               Oklahoma               3,421
Pennsylvania          4,196               South Dakota           2,013
Tennessee               972               Wisconsin              1,000
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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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