LM_HG200 Des Moines, Iowa Fri, Dec 07, 2018 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, December 6, 2018 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,159 9,266 7,528 Other Market Formula (Futures/Options) 38,366 30,926 54,874 Swine or Pork Market Formula 132,841 135,750 149,243 Other Purchase Arrangement 80,929 78,114 65,652 Negotiated Formula 2,320 1,744 1,614 Packer Sold (all purchase types) 10,582 10,430 11,982 -------------------------------------------------------------------------------- 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 5,287 38,190 125,473 76,948 1,005 246,903 Base Price 47.41 56.44 54.09 60.11 * 55.97 Packer Sold Head Count 10,412 Base Price 51.82 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,287 Compared to the prior day, on a plant by plant basis, weighted average base prices were unchanged to 2.00 lower, the market trend is not well established. Slow market activity with light demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.14 lower Base Price Rng $44.00 - $48.52, Wtd Avg $47.41, 5 Day Rolling Avg $48.41 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,005 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 6,292 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- 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 49.00 51.82 50.50 52.84 51.50 53.86 52.50 54.88 53.00 56.23 0.5 46.00 51.82 49.00 52.84 50.25 53.86 51.75 54.88 51.75 56.23 0.6 46.00 50.85 48.75 51.87 50.25 52.89 50.25 53.91 51.75 55.26 0.7 46.00 49.88 46.00 50.90 48.75 51.92 48.75 52.94 50.25 54.29 0.8 45.00 48.91 46.00 49.93 47.25 50.95 47.25 51.96 48.75 53.32 0.9 44.25 47.94 46.00 48.96 46.00 49.98 47.25 50.99 47.25 52.35 1.0 43.00 46.97 44.25 47.99 44.25 49.01 46.25 50.02 47.25 51.38 1.1 42.00 45.75 42.25 46.77 44.25 47.79 44.25 48.81 46.25 50.50 1.2 40.25 44.30 40.25 45.32 42.25 46.34 42.25 47.36 44.25 49.00 1.4 34.25 38.50 37.25 42.01 37.25 43.00 40.25 45.00 40.25 46.01 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -4.85 175# -3.00 1.00 205# -3.88 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -3.88 3.00 165# -15.00 0.00 195# -0.97 3.00 225# -3.88 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 199.50 lb carcass, 0.63 inch back-fat, 7.11 square inch loin/2.37 inch loin depth, FFLI: 53.29% Price Range $50.25 - $53.91 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 132,437 Base Price Range $44.59 - $68.12, Weighted Average $53.99 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,016 Compared to Prior Day's closing weighted average (LM_HG200), 0.84 higher Price Rng $36.00 - $40.00, Wtd Avg $38.11, 5 Day Rolling Avg $38.72 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,455 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,471 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 65 Georgia 340 Iowa 99,167 Illinois 22,183 Indiana 23,384 Kansas 2,068 Kentucky 2,366 Michigan 9,154 Minnesota 43,563 Missouri 2,810 Montana 56 North Carolina 16,404 North Dakota 730 Nebraska 16,825 Ohio 15,178 Oklahoma 2,979 Pennsylvania 4,498 South Carolina 180 South Dakota 7,499 Tennessee 2,263 Wisconsin 485 -------------------------------------------------------------------------------- *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 .