LM_HG208 Des Moines, Iowa Fri, Jun 14, 2019 USDA Market News WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, June 13, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 5,653 5,338 5,197 Other Market Formula (Futures/Options) 26,775 23,346 19,663 Swine or Pork Market Formula 91,973 86,555 78,329 Other Purchase Arrangement 40,288 40,182 42,221 Negotiated Formula 0 266 1,143 Packer Sold (all purchase types) 5,475 6,375 7,263 -------------------------------------------------------------------------------- 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 4,655 26,669 90,119 37,553 0 158,996 Base Price 76.45 77.20 77.02 77.66 * 77.18 Packer Sold Head Count 5,387 Base Price 79.52 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,655 Compared to Prior Day's closing weighted average (LM_HG208), 0.24 lower Base Price Rng $67.00 - $78.00, Wtd Avg $76.45, 5 Day Rolling Avg $76.08 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,655 *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 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 70.00 80.99 71.50 82.49 72.50 83.49 73.50 83.99 74.00 83.99 0.5 67.00 80.49 70.00 81.49 72.50 82.49 73.00 83.49 74.00 83.99 0.6 67.00 79.49 70.00 80.49 71.50 81.49 72.50 82.49 73.50 83.49 0.7 67.00 78.49 67.00 79.49 70.00 80.99 72.50 81.49 73.00 82.99 0.8 66.00 77.74 67.00 78.49 70.00 79.49 71.50 80.99 73.00 82.49 0.9 66.00 75.99 67.00 77.74 67.00 78.49 70.00 79.99 72.50 80.99 1.0 64.00 74.49 66.00 75.99 67.00 77.74 70.00 78.49 71.50 79.99 1.1 63.00 71.99 66.00 74.49 67.00 75.99 67.00 77.74 71.50 79.24 1.2 63.00 71.99 64.00 71.99 66.00 74.49 67.00 75.99 70.00 78.49 1.4 59.50 65.99 63.00 71.99 64.00 71.99 66.00 73.50 67.00 75.99 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00-13.50 175# -4.00 1.00 205# 0.00 3.00 155# -30.00 -7.50 185# -1.00 1.50 215# 0.00 3.00 165# -15.00 -3.37 195# -0.50 3.00 225# -2.27 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 207.80 lb carcass, 0.77 inch back-fat, 7.36 square inch loin/2.45 inch loin depth, FFLI: 51.23% Price Range $71.50 - $80.99 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 91,418 Base Price Range $71.68 - $81.65, Weighted Average $77.02 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 715 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 715 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 98,638 Kansas 2,857 Minnesota 43,892 Missouri 4,191 Nebraska 14,699 South Dakota 5,887 -------------------------------------------------------------------------------- *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 .