Eastern Cornbelt Daily Direct Prior Day Purchased Swine
LM_HG207
Des Moines, Iowa                Thu, Oct 11, 2018               USDA Market News

EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 10, 2018

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                4,455           4,238          4,755
  Other Market Formula (Futures/Options)   16,027          58,589         31,311
  Swine or Pork Market Formula             39,550          33,290         41,430
  Other Purchase Arrangement               36,180          35,290         36,335
  Negotiated Formula                          750             693          1,468
Packer Sold (all purchase types)              770               0             20
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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         3,880    14,678     34,588     34,683          0     87,829
  Base Price             *     68.18      66.56      71.56          *      65.86
Packer Sold
  Head Count                                                                 770
  Base Price                                                                   *
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,880

*Price not reported due to confidentiality* 5 Day Rolling Avg $62.79
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0                     5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,880

*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

*Price not reported due to confidentiality*
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                           CARCASS WEIGHT DIFFERENTIALS

*Price not reported due to confidentiality*
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

*Price not reported due to confidentiality*
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 35,358

Base Price Range $60.07 - $72.86, Weighted Average $66.59
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 448

*Price not reported due to confidentiality* 5 Day Rolling Avg $50.21
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 618

*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): 1,066

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

Alabama                 171             Georgia                  540
Illinois             24,475             Indiana               21,586
Kentucky              2,429             Michigan               9,672
Mississippi             165             North Carolina        16,932
New York                174             Ohio                  14,764
Pennsylvania          3,969             South Carolina           710
Tennessee             1,928             Wisconsin                217
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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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