BC-USDA-Eastern Cornbelt Hog Report

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LM—HG209
Des Moines, Iowa Fri, Nov 09, 2018 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, November 9, 2018
(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 7,066 7,049 3,007 2,852
Other Market Formula (Futures/Options) 7,226 6,719 5,545 11,752
Swine or Pork Market Formula 33,023 27,605 27,655 27,412
Other Purchase Arrangement 27,227 22,915 23,325 18,017
Negotiated Formula 1,481 1,071 796 2,046
Packer Sold (all purchase types) 2,025 2,025 2,827 2,189
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,440
*Price not reported due to confidentiality* 5 Day Rolling Avg $54.38
---------------------------------------------------------------------------------
NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 330
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
---------------------------------------------------------------------------------
COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,770
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
---------------------------------------------------------------------------------
EASTERN 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*
--------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
*Price not reported due to confidentiality*
--------------------------------------------------------------------------------
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): 21,980
Base Price Range $54.31 - $67.99, Weighted Average $60.46
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 3,309
Compared to Prior Day's closing weighted average (LM—HG207), no comparision
Price Rng $40.50 - $45.00, Wtd Avg $42.91, 5 Day Rolling Avg $44.30
--------------------------------------------------------------------------------
NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 226
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 3,535
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Georgia 540 Illinois 18,203
Indiana 8,622 Kentucky 1,337
Michigan 5,507 North Carolina 14,630
Ohio 8,242 Pennsylvania 2,600
South Carolina 520 Tennessee 323
Wisconsin 1,135
--------------------------------------------------------------------------------
*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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