LM_HG208 Des Moines, Iowa Mon, Feb 17, 2020 USDA Market News WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Friday, February 14, 2020 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 5,881 4,677 2,135 Other Market Formula (Futures/Options) 34,988 37,434 48,413 Swine or Pork Market Formula 130,075 142,382 141,862 Other Purchase Arrangement 126,201 67,421 76,863 Negotiated Formula 176 346 337 Packer Sold (all purchase types) 16,075 15,101 9,188 -------------------------------------------------------------------------------- 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 5,665 34,988 127,653 123,481 176 291,963 Base Price 48.76 58.69 53.54 63.95 * 58.43 Packer Sold Head Count 15,851 Base Price 53.98 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): Compared to Prior Day's closing weighted average (LM_HG208), 0.50 higher Wtd Avg $48.76, 5 Day Rolling Avg $48.73 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- 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* -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00-14.62 175# -4.00 1.00 205# 0.00 3.00 155# -30.00-10.00 185# -1.00 1.50 215# -0.25 3.00 165# -15.00 -3.37 195# -0.50 3.00 225# -2.25 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 134,025 Base Price Range $46.82 - $60.33, Weighted Average $53.51 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *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): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 208,257 Kansas 3,502 Minnesota 64,692 Missouri 1,927 Nebraska 22,465 South Dakota 13,857 -------------------------------------------------------------------------------- *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 .