National Daily Direct Hogs Afternoon
LM_HG203
Des Moines, Iowa                Thu, Aug 09, 2018               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, August 9, 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                               10,751     10,751      6,745     14,852
Other Market Formula (Futures/Options)   28,024     28,024     26,864     34,168
Swine or Pork Market Formula            123,241    123,241    139,173    136,673
Other Purchase Arrangement               98,716     98,716     93,802     74,421
Negotiated Formula                        1,754      1,754          0      2,787
Packer Sold (all purchase types)          6,332      6,332      7,275     12,900
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 9,494

Compared to Prior Day's closing weighted average (LM_HG200),  1.76 lower

Base Price Rng $45.00 - $48.00, Wtd Avg $45.93, 5 Day Rolling Avg $49.85
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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): 9,494

*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   48.00  50.00   49.50  51.50   50.50  52.50   51.50  53.00   52.00  53.11
0.5   45.00  49.50   48.00  50.50   49.00  51.50   50.50  52.50   50.50  53.11
0.6   45.00  48.50   47.50  49.50   49.00  50.50   49.00  51.50   50.50  52.50
0.7   45.00  47.50   45.00  48.50   47.50  50.00   47.50  50.50   49.00  52.00
0.8   44.00  46.75   45.00  47.50   46.00  48.50   46.00  50.00   47.50  51.50
0.9   43.00  45.27   45.00  46.75   45.00  47.50   46.00  49.00   46.00  50.50
1.0   42.00  44.35   43.00  45.32   43.00  46.75   45.00  48.00   46.00  49.50
1.1   41.00  43.21   41.00  44.17   43.00  45.13   43.00  46.75   45.00  49.50
1.2   39.00  41.83   39.00  42.80   41.00  44.00   41.00  45.00   43.00  48.00
1.4   33.00  37.50   36.00  41.00   36.00  42.00   38.76  44.00   39.00  45.00
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -4.58          175#   -3.00  1.00          205#   -3.67  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -3.67  3.00
    165#   -15.00  0.00          195#   -0.92  3.00          225#   -3.67  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 193.77 lb carcass, 0.63 inch back-fat,
6.84 square inch loin/2.28 inch loin depth, FFLI: 53.18%

Price Range $49.00 - $51.50
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 118,266

Base Price Range $45.40 - $67.62, Weighted Average $56.39
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,149

Compared to Prior Day's closing weighted average (LM_HG200), 3.37 lower

Price Rng $30.00 - $42.00, Wtd Avg $36.96, 5 Day Rolling Avg $40.80
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,754

*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): 2,903

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

Georgia                 530               Iowa                 111,178
Illinois             24,259               Indiana               12,578
Kansas                2,492               Kentucky                 870
Michigan              8,362               Minnesota             47,521
Missouri              2,916               North Carolina        15,609
Nebraska             12,415               New York                 173
Ohio                 15,788               Oklahoma               2,048
Pennsylvania          3,469               South Carolina           360
South Dakota          7,595               Wisconsin                655
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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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