National Daily Direct Hogs Morning
LM_HG202
Des Moines, Iowa                Thu, Jul 11, 2019               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, July 11, 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                                4,813      3,514         30      8,720
Other Market Formula (Futures/Options)   33,618     31,012      2,610     23,065
Swine or Pork Market Formula             90,504     81,431     19,464     89,284
Other Purchase Arrangement               62,411     52,670      9,048     66,847
Negotiated Formula                            0          0          0      1,900
Packer Sold (all purchase types)         14,406     14,406      1,260      5,962
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,784

Compared to Prior Day's closing weighted average (LM_HG200),  0.31 higher

Base Price Rng $56.00 - $71.00, Wtd Avg $67.85, 5 Day Rolling Avg $66.91
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 165

*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): 4,949

*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#   -30.00 -6.59          175#   -1.75  1.00          205#   -5.27  3.00
    155#   -30.00  0.00          185#   -0.25  1.50          215#   -5.27  3.00
    165#   -15.00  0.00          195#   -1.32  3.00          225#   -5.27  1.00
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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): 86,780

Base Price Range $63.02 - $73.39, Weighted Average $69.05
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 644

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

Price Rng $51.00 - $53.50, Wtd Avg $52.53, 5 Day Rolling Avg $52.11
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 0           5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 644

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

Iowa                 65,154               Illinois              16,228
Indiana               7,810               Kansas                 1,791
Kentucky              1,548               Michigan               5,747
Minnesota            38,198               Missouri               3,575
North Carolina       14,877               Nebraska               9,898
New York                169               Ohio                   8,836
Oklahoma              2,816               Pennsylvania           2,903
South Dakota          3,411               Tennessee              1,572
Wisconsin               325
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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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