LM_HG207 Des Moines, Iowa Thu, Aug 15, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, August 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 7,889 8,343 8,068 Other Market Formula (Futures/Options) 17,073 8,348 21,258 Swine or Pork Market Formula 29,764 31,590 40,164 Other Purchase Arrangement 32,969 28,289 33,567 Negotiated Formula 165 315 549 Packer Sold (all purchase types) 7,635 7,950 450 -------------------------------------------------------------------------------- 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 7,425 15,880 25,929 31,951 165 81,350 Base Price 68.71 78.64 75.91 78.79 * 76.76 Packer Sold Head Count 7,635 Base Price * -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): Compared to Prior Day's closing weighted average (LM_HG207), no comparison Wtd Avg $68.71 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* ---------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* ---------------------------------------------------------------------------------- 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 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 71.00 74.00 72.50 75.50 72.50 76.50 74.00 77.00 74.00 77.25 0.5 69.50 73.50 71.00 74.50 71.00 75.50 72.50 76.50 72.50 77.25 0.6 69.50 72.50 69.50 73.50 71.00 74.50 71.00 75.50 72.50 76.50 0.7 68.00 71.50 68.00 72.50 69.50 74.00 69.50 74.50 71.00 76.00 0.8 67.00 70.75 68.00 71.50 68.00 72.50 68.00 74.00 69.50 75.50 0.9 65.00 69.00 67.00 70.75 67.00 71.50 68.00 73.00 68.00 74.00 1.0 64.52 67.50 65.00 69.00 65.00 70.75 67.00 71.50 68.00 73.00 1.1 62.85 65.00 63.00 67.50 65.00 69.00 65.00 70.75 67.00 72.25 1.2 60.85 65.00 61.00 65.00 63.00 67.50 63.00 69.00 65.00 71.50 1.4 52.19 59.00 53.59 65.00 54.99 65.00 56.39 65.00 58.25 69.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -25.00 -6.67 175# -3.00 0.00 205# -5.33 0.00 155# -11.00 0.00 185# 0.00 0.00 215# -5.33 0.00 165# -5.00 0.00 195# -1.33 0.00 225# -5.33 0.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 195.20 lb carcass, 0.60 inch back-fat, 6.87 square inch loin/2.29 inch loin depth, FFLI: 53.66% Price Range $71.00 - $75.50 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 33,564 Base Price Range $69.04 - $88.40, Weighted Average $76.16 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 23,474 Indiana 24,948 Kentucky 1,540 Maryland 165 Michigan 9,932 North Carolina 16,158 New York 330 Ohio 14,699 Pennsylvania 3,585 Wisconsin 664 -------------------------------------------------------------------------------- *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 0800C www.ams.usda.gov/market-news/livestock-poultry-grain .