National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Tue, Jun 25, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, June 24, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                6,380           7,149          6,031
  Other Market Formula (Futures/Options)   39,640          36,824         32,570
  Swine or Pork Market Formula            106,692         108,535        130,314
  Other Purchase Arrangement               86,158          82,346        114,838
  Negotiated Formula                          320             658            185
Packer Sold (all purchase types)           23,956          20,687          9,885
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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         5,108    39,297     100,154      82,144        155  226,858
  Base Price         73.27     75.92       75.53       75.27          *    75.40
Packer Sold
  Head Count                                                              23,955
  Base Price                                                               79.28
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   11,318

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 6.00 lower to 4.31 higher, mostly 0.75 to 1.75 lower. Moderate 
market activity and demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.34 lower

Base Price Rng $63.00 - $75.50, Wtd Avg $73.51, 5 Day Rolling Avg $75.05
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   155

*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):   11,473

*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   66.00  77.56   67.50  79.08   68.50  80.61   69.50  82.13   70.00  84.17
0.5   63.00  77.56   66.00  79.08   68.50  80.61   69.00  82.13   70.00  84.17
0.6   63.00  76.11   66.00  77.63   67.50  79.16   68.50  80.68   69.50  82.71
0.7   63.00  74.65   63.00  76.18   66.00  77.70   68.50  79.23   69.00  81.26
0.8   62.00  73.50   63.00  74.73   66.00  76.25   67.50  77.78   69.00  79.81
0.9   62.00  73.00   63.00  73.50   63.00  74.80   66.00  76.32   68.50  78.36
1.0   60.00  71.00   62.00  73.00   63.00  74.00   66.00  75.00   67.50  76.90
1.1   59.00  69.00   62.00  71.00   63.00  73.50   63.00  74.50   67.50  75.50
1.2   59.00  66.30   60.00  69.00   62.00  73.00   63.00  74.00   66.00  75.00
1.4   55.50  62.50   58.39  66.00   59.91  69.00   61.44  73.00   63.00  74.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -7.26          175#   -4.00  1.00          205#   -5.81  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -5.81  3.00
    165#   -15.00  0.00          195#   -1.45  3.00          225#   -5.81  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 204.70 lb carcass, 0.68 inch back-fat,
7.27 square inch loin/2.42 inch loin depth, FFLI: 52.56%

Price Range $68.50 - $79.23
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 112,009

Base Price Range $65.41 - $83.54, Weighted Average $76.20
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,039

Compared to Prior Day's closing weighted average (LM_HG200),  0.59 higher

Price Rng $54.00 - $59.00, Wtd Avg $58.10, 5 Day Rolling Avg $58.05
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 165

*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): 1,204

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

Iowa                 97,533             Illinois              27,714
Indiana              18,207             Kansas                 2,049
Kentucky              1,225             Michigan               7,886
Minnesota            43,720             Missouri               4,536
Mississippi             393             Montana                  730
North Carolina       14,854             North Dakota             175
Nebraska             14,871             Ohio                  14,585
Oklahoma              2,048             Pennsylvania           4,394
South Carolina          181             South Dakota           7,179
Wisconsin               866
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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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