National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Fri, Dec 13, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
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                               10,228          10,261          8,433
  Other Market Formula (Futures/Options)   39,908          40,776         29,413
  Swine or Pork Market Formula            117,394         113,977        150,655
  Other Purchase Arrangement               82,196          81,142         66,976
  Negotiated Formula                          995             541          2,004
Packer Sold (all purchase types)           17,789          16,911          9,868
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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         9,393    38,894     111,793      77,600        661  238,341
  Base Price         47.76     60.65       58.99       65.12          *    60.65
Packer Sold
  Head Count                                                              17,454
  Base Price                                                               53.56
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   9,793

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 1.66 lower to 4.25 higher, mostly steady to 0.50 lower.  Moderate 
market activity with light to moderate demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.24 lower

Base Price Rng $42.00 - $49.75, Wtd Avg $47.81, 5 Day Rolling Avg $47.47
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   661

*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):   10,454

*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   45.00  52.75   46.50  54.25   47.50  54.36   48.50  55.75   48.50  56.76
0.5   42.00  52.30   45.00  53.33   47.50  54.36   48.00  55.39   48.50  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   44.50  49.17
1.4   33.50  38.34   37.50  40.50   37.50  41.50   40.01  45.50   40.50  46.50
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.90          175#   -4.00  0.00          205#   -3.92  0.00
    155#   -27.75  0.00          185#   -1.00  0.00          215#   -3.92  0.00
    165#   -15.00  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: 210.60 lb carcass, 0.72 inch back-fat,
7.11 square inch loin/2.37 inch loin depth, FFLI: 51.83%

Price Range $47.50 - $53.43
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 124,145

Base Price Range $45.73 - $81.16, Weighted Average $58.36
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 415

Compared to Prior Day's closing weighted average (LM_HG200),  0.13 lower

Base Price Rng $32.50 - $38.75, Wtd Avg $36.36, 5 Day Rolling Avg $36.58
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 334

*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): 749

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

Canada                  129             Georgia                  345
Iowa                 93,535             Illinois              19,486
Indiana              22,211             Kansas                 2,720
Kentucky              2,819             Maryland                 165
Michigan              9,771             Minnesota             44,061
Missouri              4,337             North Carolina        15,098
North Dakota            175             Nebraska              17,883
Ohio                 18,179             Oklahoma               3,127
Pennsylvania          4,475             South Carolina           360
South Dakota          7,187             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
           www.ams.usda.gov/market-news/livestock-poultry-grain
0800C

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