LM_HG202 Des Moines, Iowa Mon, Dec 17, 2018 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, December 17, 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 10,064 7,538 5,535 8,352 Other Market Formula (Futures/Options) 36,685 34,342 38,764 34,572 Swine or Pork Market Formula 158,141 147,779 149,363 154,993 Other Purchase Arrangement 175,881 166,476 184,417 164,254 Negotiated Formula 1,233 1,233 1,841 1,956 Packer Sold (all purchase types) 10,427 10,427 10,662 20,322 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,694 Compared to Prior Day's closing weighted average (LM_HG200), 0.07 higher Base Price Rng $41.00 - $47.16, Wtd Avg $46.45, 5 Day Rolling Avg $46.50 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,694 *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 44.00 50.37 45.50 51.36 46.50 52.35 47.50 53.34 48.00 54.66 0.5 41.00 50.37 44.00 51.36 46.50 52.35 47.00 53.34 48.00 54.66 0.6 41.00 49.42 44.00 50.41 45.50 51.40 46.50 52.39 47.50 53.72 0.7 41.00 48.48 41.00 49.47 44.00 50.46 46.50 51.45 47.00 52.77 0.8 40.00 47.54 41.00 48.53 44.00 49.52 45.00 50.51 46.50 51.83 0.9 40.00 46.59 41.00 47.58 41.00 48.57 44.00 49.57 45.00 50.89 1.0 38.00 45.65 40.00 46.64 41.00 47.63 44.00 48.62 45.00 49.94 1.1 37.00 44.47 40.00 45.46 41.00 46.45 41.00 47.44 44.00 48.76 1.2 37.00 43.06 38.00 44.05 40.00 45.04 40.00 46.03 42.00 47.35 1.4 32.00 36.93 35.00 40.00 35.00 41.00 38.00 43.00 38.00 44.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -4.72 175# -3.00 1.00 205# -3.77 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -3.77 3.00 165# -15.00 0.00 195# -0.94 3.00 225# -3.77 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.19 lb carcass, 0.66 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.82% Price Range $46.50 - $51.45 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 145,590 Base Price Range $44.17 - $68.12, Weighted Average $54.63 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,389 Compared to Prior Day's closing weighted average (LM_HG200), 0.02 higher Price Rng $32.35 - $43.00, Wtd Avg $37.78, 5 Day Rolling Avg $37.27 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 985 *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): 2,374 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Delaware 60 Iowa 203,836 Illinois 28,858 Indiana 11,607 Kansas 2,675 Kentucky 682 Michigan 3,936 Minnesota 49,624 Missouri 3,243 Mississippi 552 Montana 669 North Carolina 20,738 North Dakota 355 Nebraska 18,249 Ohio 8,580 Oklahoma 2,466 Pennsylvania 1,833 South Dakota 9,510 Wisconsin 314 -------------------------------------------------------------------------------- *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 1100C .