Western Cornbelt Daily Direct Prior Day Purchased Swine
USDA - Tue Feb 12, 8:31AM CST
LM_HG208
Des Moines, Iowa                Tue, Feb 12, 2019               USDA Market News

WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, February 11, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                5,888           3,221          5,908
  Other Market Formula (Futures/Options)   25,576          27,331         18,825
  Swine or Pork Market Formula            100,281          94,364         91,226
  Other Purchase Arrangement              133,614         137,384        108,056
  Negotiated Formula                        1,141           2,715            208
Packer Sold (all purchase types)            6,686           8,580          8,985
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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         5,610    25,576     99,375    131,574          0    262,135
  Base Price         48.60     54.68      53.91      66.00          *      59.94
Packer Sold
  Head Count                                                               6,686
  Base Price                                                               52.20
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 5,610

Compared to Prior Day's closing weighted average (LM_HG208),  0.32 lower

Base Price Rng $45.00 - $49.00, Wtd Avg $48.60, 5 Day Rolling Avg $49.25
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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 FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):  5,610

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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          WESTERN CORNBELT 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#   -32.00 -8.19          175#   -4.00  1.00          205#    0.00  3.00
    155#   -30.00 -4.55          185#   -1.00  2.00          215#   -0.25  3.00
    165#   -15.00 -2.73          195#   -0.50  3.00          225#   -2.25  2.00
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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): 103,100

Base Price Range $46.97 - $62.11, Weighted Average $53.84
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 278

Compared to Prior Day's closing weighted average (LM_HG208),   1.20 lower

Price Rng $36.00 - $39.10, Wtd Avg $37.65, 5 Day Rolling Avg $38.92
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,141

*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): 1,419

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

Iowa                195,930             Kansas                 3,053
Minnesota            48,005             Missouri               4,157
Nebraska             15,059             South Dakota           6,982
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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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