National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Thu, Sep 12, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, September 11, 2019

                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                               13,139          11,235         11,414
  Other Market Formula (Futures/Options)   37,458          38,182         36,186
  Swine or Pork Market Formula            114,986         117,117        123,507
  Other Purchase Arrangement               85,592          93,084         79,542
  Negotiated Formula                          549             165            884
Packer Sold (all purchase types)           16,603          17,572          8,349
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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        12,187    36,126     107,137      81,028        485  236,963
  Base Price         47.27     63.72       57.70       63.43          *    59.92
Packer Sold
  Head Count                                                              16,027
  Base Price                                                               54.83
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   12,787

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 0.36 lower to 3.00 lower, mostly 1.00 lower to 1.50 lower. Moderate 
market activity and demand.

Compared to Prior Day's closing weighted average (LM_HG200),   1.47 lower

Base Price Rng $44.00 - $54.00, Wtd Avg $47.30, 5 Day Rolling Avg $49.89
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   485

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   13,272

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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                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   47.00  51.32   48.50  52.33   49.50  53.34   49.00  54.34   49.00  55.69
0.5   44.00  51.32   47.00  52.33   48.00  53.34   49.00  54.34   49.00  55.69
0.6   44.00  50.36   46.50  51.37   48.00  52.37   48.00  53.38   49.00  54.73
0.7   44.00  49.40   44.00  50.40   46.50  51.41   46.50  52.42   48.00  53.77
0.8   43.00  48.43   44.00  49.44   45.00  50.45   45.00  51.46   46.50  52.81
0.9   42.00  47.47   44.00  48.48   44.00  49.49   45.00  50.50   45.00  51.85
1.0   41.00  46.51   42.00  47.52   42.00  48.53   44.00  49.54   45.00  50.89
1.1   40.00  45.31   40.00  46.32   42.00  47.33   42.00  48.34   44.00  50.50
1.2   38.00  43.87   38.00  44.88   40.00  46.00   40.00  47.00   42.00  49.00
1.4   32.00  38.50   35.00  42.00   35.00  43.00   38.00  46.00   38.00  47.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.81          175#   -4.00  1.00          205#   -3.84  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -3.84  3.00
    165#   -15.00  0.00          195#   -0.96  3.00          225#   -3.84  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 202.10 lb carcass, 0.70 inch back-fat,
6.66 square inch loin/2.22 inch loin depth, FFLI: 51.89%

Price Range $46.50 - $52.42
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 118,334

Base Price Range $45.94 - $71.95, Weighted Average $57.47
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 735

Compared to Prior Day's closing weighted average (LM_HG200),  1.52 lower

Price Rng $34.73 - $41.00, Wtd Avg $39.11, 5 Day Rolling Avg $40.75
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 64

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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   COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 799

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Canada                  480             Colorado                 160
Iowa                 92,856             Illinois              22,273
Indiana              16,192             Kansas                 2,024
Kentucky              2,354             Michigan               9,356
Minnesota            52,635             Missouri               4,068
Montana                 639             North Carolina        15,489
Nebraska             14,706             New York                 341
Ohio                 15,787             Oklahoma               3,277
Pennsylvania          4,296             South Carolina           360
South Dakota          8,425             Tennessee              1,783
Utah                    559             Wisconsin                267
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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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