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USDA-LM: National Daily Direct Hogs Morning

Des Moines, Iowa - Fri, Feb 09, 2018 - USDA Market News


NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, February 9, 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                                7,405      3,954      4,642      2,873
Other Market Formula (Futures/Options)   20,400     19,520     20,691     20,308
Swine or Pork Market Formula            110,072     98,778    104,157    108,641
Other Purchase Arrangement               72,681     67,675     56,563     46,294
Negotiated Formula                        1,129      1,129        822        544
Packer Sold (all purchase types)          5,317      5,317      4,767     13,818
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,217

Compared to Prior Day's closing weighted average (LM_HG200),  0.15 lower

Base Price Rng $67.00 - $69.50, Wtd Avg $69.35, 5 Day Rolling Avg $71.52
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

Barrows & Gilts (carcass basis): 2,217

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
               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

*Price not reported due to confidentiality*
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -6.94          175#   -4.00  1.00          205#   -5.55  3.00
    155#   -30.00  0.00          185#   -1.00  1.50          215#   -5.55  3.00
    165#   -15.00  0.00          195#   -1.39  3.00          225#   -5.55  1.00
--------------------------------------------------------------------------------
                  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): 97,601

Base Price Range $67.77 - $77.58, Weighted Average $73.25
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,237

Compared to Prior Day's closing weighted average (LM_HG200), 0.50 lower

Price Rng $52.35 - $59.00, Wtd Avg $55.23, 5 Day Rolling Avg $55.35
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,764

*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): 3,001

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

Canada                  682               Iowa                  85,089
Illinois             15,428               Indiana                7,960
Kansas                3,314               Kentucky                 215
Michigan              2,811               Minnesota             32,887
Missouri              2,085               Montana                  171
North Carolina       14,671               North Dakota             395
Nebraska             13,814               New York                 340
Ohio                  4,921               Oklahoma               3,035
Pennsylvania          1,941               South Dakota           6,289
Wisconsin               325
--------------------------------------------------------------------------------
*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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