National Daily Direct Hogs Morning
LM_HG202
Des Moines, Iowa                Thu, Mar 14, 2019               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, March 14, 2019
(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                                6,157      3,785      3,269      5,951
Other Market Formula (Futures/Options)  115,920    113,655     26,547     19,650
Swine or Pork Market Formula            107,462     97,220     91,130    102,161
Other Purchase Arrangement               55,768     48,045     59,316     61,461
Negotiated Formula                        1,647      1,647        496      1,604
Packer Sold (all purchase types)         11,583     11,583     13,626      4,716
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,504

Compared to Prior Day's closing weighted average (LM_HG200),  0.04 lower

Base Price Rng $46.00 - $53.00, Wtd Avg $50.40, 5 Day Rolling Avg $48.83
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 320

*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): 3,824

*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 -5.01          175#   -1.75  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 -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): 100,156

Base Price Range $45.95 - $64.46, Weighted Average $55.54
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 870

Compared to Prior Day's closing weighted average (LM_HG200), 1.16 higher

Price Rng $36.00 - $41.20, Wtd Avg $40.26, 5 Day Rolling Avg $37.48
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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 & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,059

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

Canada                  159               Delaware                  67
Georgia                 180               Iowa                  93,686
Illinois             23,162               Indiana               22,540
Kansas                6,320               Kentucky                 351
Maryland                160               Michigan               5,189
Minnesota            41,920               Missouri               3,907
North Carolina       15,110               Nebraska               8,193
New York                517               Ohio                  46,090
Oklahoma              1,888               Pennsylvania           1,826
South Carolina          540               South Dakota           2,360
Tennessee             1,315               Wisconsin                455
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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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