Eastern Cornbelt Daily Direct Prior Day Purchased Swine
LM_HG207
Des Moines, Iowa                Thu, Oct 10, 2019               USDA Market News

EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 9, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                4,519           5,293          4,455
  Other Market Formula (Futures/Options)   15,622           6,823         16,027
  Swine or Pork Market Formula             30,722          28,534         39,550
  Other Purchase Arrangement               37,092          34,385         36,180
  Negotiated Formula                          330             470            750
Packer Sold (all purchase types)            8,509           9,248            770
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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         4,010    14,452     25,220     35,910        330     79,922
  Base Price         51.33     65.79      57.42      66.40          *      62.43
Packer Sold
  Head Count                                                               8,509
  Base Price								       *
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

Compared to Prior Day's closing weighted average (LM_HG207), no comparison

Wtd Avg $51.33,
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

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

Barrows & Gilts (carcass basis):

*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

    145#   -30.00 -5.13          175#   -3.00  1.00          205#   -4.10  3.00
    155#   -30.00  0.00          185#    0.00  1.50          215#   -4.10  3.00
    165#   -15.00  0.00          195#   -1.03  3.00          225#   -4.10  1.00
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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): 33,539

Base Price Range $49.37 - $75.51, Weighted Average $57.42
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                   NEGOTIATED PURCHASE (Including Packer Sold)

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

Compared to Prior Day's closing weighted average (LM_HG207), 0.04 lower

Wtd Avg $39.94,
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

*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):

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

Georgia                  15             Illinois              22,616
Indiana              21,547             Kentucky               1,846
Maryland                 45             Michigan               9,714
North Carolina       16,451             New York                 337
Ohio                 15,092             Pennsylvania           3,985
South Carolina          360             Tennessee              1,477
Wisconsin             3,309
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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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