National Daily Direct Prior Purchased Swine
USDA - Tue Feb 12, 8:31AM CST
LM_HG200
Des Moines, Iowa                Tue, Feb 12, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
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                                9,361           7,316         10,421
  Other Market Formula (Futures/Options)   42,353          45,807         32,715
  Swine or Pork Market Formula            139,664         137,215        132,530
  Other Purchase Arrangement              174,592         178,483        149,041
  Negotiated Formula                        1,218           3,735          1,000
Packer Sold (all purchase types)            7,715           9,003          9,360
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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         8,705    41,166     134,579     170,992          0  355,442
  Base Price         48.84     55.86       53.72       65.07          *    59.31
Packer Sold
  Head Count                                                               7,715
  Base Price                                                               51.87
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   9,295

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 2.50 lower to 2.50 higher, mostly steady to 0.75 lower. Slow 
to moderate market activity with light to moderate demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.50 lower

Base Price Rng $45.00 - $49.50, Wtd Avg $48.88, 5 Day Rolling Avg $49.53
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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 PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   9,295

*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  52.81   49.00  54.00   50.00  55.00   48.50  56.00   48.50  57.31
0.5   45.00  52.81   48.00  53.85   50.00  55.00   48.50  55.93   48.50  57.31
0.6   45.00  51.82   47.50  52.86   49.00  54.00   50.00  55.00   48.50  56.32
0.7   45.00  50.83   45.00  51.87   48.00  52.91   50.00  55.00   48.50  55.50
0.8   44.00  49.85   45.00  50.88   47.50  52.50   49.00  54.00   50.00  55.50
0.9   44.00  48.86   45.00  49.90   45.00  50.93   48.00  52.50   49.00  55.00
1.0   42.00  47.87   44.00  48.91   45.00  49.94   47.50  52.50   49.00  54.00
1.1   41.00  46.63   43.50  48.50   45.00  49.50   45.00  49.75   48.00  54.00
1.2   38.50  45.50   41.50  46.50   44.00  48.50   44.00  49.50   46.00  52.50
1.4   33.50  42.00   38.50  45.50   39.00  46.50   41.83  48.50   42.00  49.50
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.95          175#   -4.00  1.00          205#   -3.96  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -3.96  3.00
    165#   -15.00  0.00          195#   -0.99  3.00          225#   -3.96  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.60 lb carcass, 0.60 inch back-fat,
7.39 square inch loin/2.46 inch loin depth, FFLI: 53.87%

Price Range $50.00 - $55.00
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 139,333

Base Price Range $46.47 - $62.11, Weighted Average $53.64
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 627

Compared to Prior Day's closing weighted average (LM_HG200),  0.56 lower

Price Rng $36.00 - $40.50, Wtd Avg $38.31, 5 Day Rolling Avg $39.36
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,217

*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): 1,844

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

Canada                1,310             Iowa                 195,930
Illinois             31,187             Indiana               20,343
Kansas                3,053             Kentucky               1,715
Maryland                168             Michigan               7,590
Minnesota            48,005             Missouri               4,157
Mississippi             268             Montana                  729
North Carolina       12,804             North Dakota             175
Nebraska             15,059             Ohio                  16,440
Oklahoma              1,717             Pennsylvania           4,628
South Carolina          180             South Dakota           6,982
Tennessee             2,582             Wisconsin                471
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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

.