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USDA-LM: National Daily Direct Prior Purchased Swine

Des Moines, Iowa - Thu, Dec 07, 2017 - USDA Market News


NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, December 6, 2017

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                               20,105          15,682         15,645
  Other Market Formula (Futures/Options)   33,249          40,600         83,882
  Swine or Pork Market Formula            147,642         150,809        158,668
  Other Purchase Arrangement               77,786          73,334         55,957
  Negotiated Formula                        1,316           1,183          1,370
Packer Sold (all purchase types)           12,554          15,889         23,839
--------------------------------------------------------------------------------
                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        14,885    32,239     135,869      74,416        500  257,909
  Base Price         58.80     61.05       63.84       68.93          *    64.55
Packer Sold
  Head Count                                                              12,231
  Base Price                                                               61.74
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   15,635

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 0.93 lower to 0.66 higher, market trend not well established. Active
market activity with moderate to good demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.68 lower

Base Price Rng $54.00 - $60.50, Wtd Avg $58.82, 5 Day Rolling Avg $59.21
---------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   500

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
---------------------------------------------------------------------------------
    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   16,135

*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

                             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   57.00  63.21   58.50  64.46   59.50  65.70   60.50  66.94   61.00  68.60
0.5   54.00  63.21   57.00  64.46   59.50  65.70   60.00  66.94   61.00  68.60
0.6   54.00  62.03   57.00  63.27   58.50  64.52   59.50  65.76   60.50  67.42
0.7   54.00  60.85   54.00  62.09   57.00  63.33   59.00  64.58   60.00  66.23
0.8   53.00  59.66   54.00  60.91   57.00  62.15   57.50  63.39   59.00  65.05
0.9   53.00  58.48   54.00  59.72   54.00  60.97   57.00  62.21   57.50  63.87
1.0   51.00  57.30   53.00  58.54   54.00  59.78   56.50  61.02   57.50  62.68
1.1   50.00  55.82   52.50  57.06   54.00  58.30   54.00  59.55   56.50  61.50
1.2   50.00  54.04   50.50  55.28   52.50  56.53   52.50  57.77   54.50  60.00
1.4   44.50  49.50   47.50  53.00   47.50  54.00   50.07  56.00   50.50  57.00
---------------------------------------------------------------------------------
                          CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -5.92          175#   -3.00  2.25          205#   -4.74  4.50
    155#   -30.00  0.00          185#    0.00  4.00          215#   -4.74  4.25
    165#   -15.00  0.00          195#   -1.18  4.50          225#   -4.74  1.00
---------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 210.30 lb carcass, 0.68 inch back-fat,
7.42 square inch loin/2.47 inch loin depth, FFLI: 52.61%

Price Range $59.00 - $64.58
---------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 144,751

Base Price Range $57.71 - $78.79, Weighted Average $63.70
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 4,952

Compared to Prior Day's closing weighted average (LM_HG200),  0.94 lower

Price Rng $43.18 - $50.00, Wtd Avg $45.42, 5 Day Rolling Avg $46.01
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,771

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
   COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 6,723

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

Alabama                 669             Arkansas                   4
Canada                  333             Georgia                  327
Iowa                108,275             Illinois              29,846
Indiana              17,946             Kansas                 2,089
Kentucky              1,747             Michigan               8,691
Minnesota            55,803             Missouri               2,843
North Carolina       16,326             Nebraska              14,668
New York                174             Ohio                  15,247
Oklahoma              2,990             Pennsylvania           4,730
South Carolina          690             South Dakota           8,626
Utah                    303             Wisconsin              1,680
--------------------------------------------------------------------------------
*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
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