Western Cornbelt Daily Direct Hogs Morning
USDA - Fri Dec 07, 10:49AM CST
LM_HG211
Des Moines, Iowa                Fri, Dec 07, 2018               USDA Market News

WESTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, December 7, 2018
(Includes information from 1:30 PM to 9:30 AM.)

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

                                      Estimated     Actual     Actual     Actual
                                          Today      Today   Week Ago   Year Ago
Producer Sold
Negotiated                                2,583        750      1,407      1,458
Other Market Formula (Futures/Options)   17,156     15,728     15,212     12,239
Swine or Pork Market Formula             74,475     70,211     76,230     89,666
Other Purchase Arrangement               43,629     37,529     40,345     23,667
Negotiated Formula                            0          0          0          0
Packer Sold (all purchase types)          3,612      3,612      2,415      5,888
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 35

*Price not reported due to confidentiality* 5 Day Rolling Avg $47.74
--------------------------------------------------------------------------------
               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): 35

*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

*Price not reported due to confidentiality*
--------------------------------------------------------------------------------
                  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): 73,733

Base Price Range $45.55 - $67.72, Weighted Average $55.05
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 331

*Price not reported due to confidentiality* 5 Day Rolling Avg $38.63
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 206

*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): 537

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

Iowa                 73,290               Kansas                 2,228
Minnesota            37,371               Missouri               1,855
Nebraska             16,542               South Dakota           3,360
---------------------------------------------------------------------------------
*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.

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
1100C




.