National Daily Direct Hogs Morning
LM_HG202
Des Moines, Iowa                Thu, Jun 14, 2018               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, June 14, 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                               10,217      7,344      7,645      5,843
Other Market Formula (Futures/Options)   45,405     43,082     20,511     21,029
Swine or Pork Market Formula             99,011     90,327     90,593     89,640
Other Purchase Arrangement               69,504     64,633     63,878     62,508
Negotiated Formula                        1,552      1,552      1,196      1,475
Packer Sold (all purchase types)          6,607      6,607      5,112      7,435
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 5,515

Compared to Prior Day's closing weighted average (LM_HG200),  1.08 higher

Base Price Rng $75.00 - $84.00, Wtd Avg $82.02, 5 Day Rolling Avg $79.15
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 160

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

Barrows & Gilts (carcass basis): 5,675

*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

*Price not reported due to confidentiality*
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -8.04          175#   -1.75  1.00          205#   -6.43  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -6.43  3.00
    165#   -15.00  0.00          195#   -1.61  3.00          225#   -6.43  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): 88,909

Base Price Range $69.38 - $86.00, Weighted Average $80.23
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,345

Compared to Prior Day's closing weighted average (LM_HG200), 1.45 higher

Price Rng $55.00 - $64.00, Wtd Avg $61.54, 5 Day Rolling Avg $58.98
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,348

*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): 2,693

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

Canada                  126               Colorado                 160
Delaware                 41               Georgia                  720
Iowa                 77,432               Illinois              36,253
Indiana               6,734               Kansas                 2,306
Kentucky                819               Michigan               4,369
Minnesota            26,476               Missouri               3,567
North Carolina       20,311               North Dakota             185
Nebraska             10,254               New York                 175
Ohio                  9,601               Oklahoma               2,961
Pennsylvania          1,912               South Carolina           530
South Dakota          7,474               Tennessee                805
Wisconsin               334
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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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