Eastern Cornbelt Daily Direct Prior Day Purchased Swine
LM_HG207
Des Moines, Iowa                Fri, Dec 13, 2019               USDA Market News

EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, December 12, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                5,412           4,054          3,276
  Other Market Formula (Futures/Options)   16,466          12,445         12,739
  Swine or Pork Market Formula             30,135          30,274         40,911
  Other Purchase Arrangement               33,266          32,950         32,668
  Negotiated Formula                          829             209          1,636
Packer Sold (all purchase types)            9,248           8,390            160
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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         5,316    15,452     25,700     31,110        495     78,073
  Base Price         48.32     61.37      57.60      68.13          *      61.54
Packer Sold
  Head Count                                                               9,248
  Base Price								       *
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

Compared to Prior Day's closing weighted average (LM_HG207),   0.39 higher

Wtd Avg $48.36, 5 Day Rolling Avg $48.16
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               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 $--
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           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   45.00  52.75   46.50  54.25   47.50  54.36   48.50  55.75   49.00  56.76
0.5   42.00  52.30   45.00  53.33   47.50  54.36   48.00  55.39   49.00  56.76
0.6   42.00  51.32   45.00  52.35   46.50  53.38   47.50  54.41   48.50  55.78
0.7   42.00  50.34   42.00  51.37   45.00  52.40   47.50  53.43   48.00  54.80
0.8   41.00  49.36   42.00  50.39   45.00  51.42   46.50  52.45   48.00  53.82
0.9   41.00  48.38   42.00  49.41   42.00  50.44   45.00  51.47   47.50  52.84
1.0   39.00  47.40   41.00  48.43   42.00  49.46   45.00  50.49   46.50  51.86
1.1   38.00  46.18   41.00  47.21   42.00  48.24   42.00  49.26   46.50  50.64
1.2   38.00  44.71   39.00  45.74   41.00  46.77   42.00  47.79   45.00  49.17
1.4   34.01  38.34   38.00  40.50   39.00  40.50   40.01  42.75   42.00  44.50
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -20.00 -4.90          175#   -3.00  0.00          205#   -3.92  0.00
    155#   -11.82  0.00          185#    0.00  0.00          215#   -3.92  0.00
    165#    -5.00  0.00          195#   -0.98  0.00          225#   -3.92  0.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 197.10 lb carcass, 0.58 inch back-fat,
6.60 square inch loin/2.20 inch loin depth, FFLI: 53.78%

Price Range $47.50 - $54.41
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 34,548

Base Price Range $46.27 - $81.16, Weighted Average $56.42
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                   NEGOTIATED PURCHASE (Including Packer Sold)

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

*Price not reported due to confidentiality* 5 Day Rolling Avg $38.86
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

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

Georgia                 345             Illinois              19,486
Indiana              22,211             Kentucky               2,819
Maryland                165             Michigan               9,771
North Carolina       15,098             Ohio                  18,179
Pennsylvania          4,475             South Carolina           360
Tennessee             2,116             Wisconsin                331
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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
0800C      www.ams.usda.gov/market-news/livestock-poultry-grain



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