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Western Cornbelt Daily Direct Hogs Afternoon USDA - Thu Oct 11, 7:46AM CDT LM_HG212 ***RESENDING FOR CORRECTIONS ON WHOLE REPORT***
Des Moines, Iowa Wed, Oct 10, 2018 USDA Market News
WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 10, 2018
(Includes information from 1:30 PM to 1:30 PM.)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 7,369 7,369 10,653 14,216
Other Market Formula (Futures/Options) 32,895 32,895 49,779 28,868
Swine or Pork Market Formula 84,824 84,824 90,389 90,335
Other Purchase Arrangement 44,749 44,749 50,512 33,101
Negotiated Formula 0 0 0 0
Packer Sold (all purchase types) 7,644 7,644 7,468 11,902
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,841
Compared to Prior Day's closing weighted average (LM_HG208), 1.18 lower
Base Price Rng $59.00 - $64.00, Wtd Avg $62.34, 5 Day Rolling Avg $63.35
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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): 5,841
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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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*
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -10.00 175# -3.00 1.00 205# 0.00 3.00
155# -30.00 -6.30 185# -0.25 2.00 215# -0.25 3.00
165# -15.00 -3.37 195# 0.00 3.00 225# -2.25 2.00
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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): 92,343
Base Price Range $61.69 - $74.43, Weighted Average $66.97
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,689
Compared to Prior Day's closing weighted average (LM_HG208), 1.63 lower
Price Rng $42.00 - $50.50, Wtd Avg $46.94, 5 Day Rolling Avg $47.85
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 779
*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): 2,468
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Iowa 106,525 Kansas 3,561
Minnesota 47,355 Missouri 2,534
Nebraska 21,227 South Dakota 7,453
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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.
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
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