LM_HG208
Des Moines, Iowa Fri, Mar 15, 2019 USDA Market News
WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, March 14, 2019
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 4,634 3,239 3,039
Other Market Formula (Futures/Options) 63,434 30,610 21,995
Swine or Pork Market Formula 97,775 96,135 97,668
Other Purchase Arrangement 25,018 37,820 42,958
Negotiated Formula 703 449 1,300
Packer Sold (all purchase types) 4,638 9,054 7,291
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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 3,515 63,434 96,685 24,338 0 187,972
Base Price 53.03 70.89 55.27 60.18 * 61.14
Packer Sold
Head Count 4,112
Base Price 51.86
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 3,515
Compared to Prior Day's closing weighted average (LM_HG208), 1.49 higher
Base Price Rng $48.00 - $54.00, Wtd Avg $53.03, 5 Day Rolling Avg $50.20
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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): 3,515
*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# -27.75 -8.82 175# -3.00 0.00 205# 0.00 0.00
155# -27.75 -4.90 185# -0.25 0.00 215# -0.25 0.00
165# -15.00 -2.94 195# 0.00 0.00 225# -2.25 0.00
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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): 99,528
Base Price Range $47.20 - $64.53, Weighted Average $55.15
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 936
*Price not reported due to confidentiality* 5 Day Rolling Avg $38.98
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 703
*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): 1,639
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 122,221 Kansas 8,288
Minnesota 53,081 Missouri 3,892
Nebraska 4,866 South Dakota 3,854
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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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