National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Thu, Oct 10, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
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                               15,621          10,762         12,450
  Other Market Formula (Futures/Options)   43,034          28,626         40,547
  Swine or Pork Market Formula            115,109         114,438        135,963
  Other Purchase Arrangement              100,255          84,503         83,958
  Negotiated Formula                          330             470          1,344
Packer Sold (all purchase types)           19,693          21,488         10,761
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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        14,574    41,864     106,888      95,864        330  259,520
  Base Price         53.77     64.47       59.80       64.88          *    62.02
Packer Sold
  Head Count                                                              19,317
  Base Price                                                               56.97
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   15,589

Compared to Prior Day's closing weighted average (LM_HG200),   1.59 higher

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 0.50 higher to 7.47 higher, market not well established. Active
market with good demand.

Base Price Rng $49.50 - $56.00, Wtd Avg $53.84, 5 Day Rolling Avg $51.54
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   330

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

Barrows & Gilts (carcass basis):   15,919

*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

                             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   53.00  55.00   54.50  56.50   54.50  57.50   56.00  58.50   56.00  59.41
0.5   50.00  54.75   53.00  55.82   53.00  57.50   54.50  58.00   54.50  59.41
0.6   50.00  53.72   51.50  55.00   53.00  56.50   53.00  57.50   54.50  58.50
0.7   50.00  52.70   50.00  53.77   51.50  55.00   51.50  57.50   53.00  58.00
0.8   49.00  51.67   50.00  52.75   50.00  55.00   50.00  56.50   51.50  58.00
0.9   47.00  51.00   49.00  52.00   49.00  52.80   50.00  55.00   50.00  57.50
1.0   47.00  49.62   47.00  51.00   47.00  52.00   49.00  55.00   50.00  56.50
1.1   45.00  48.34   45.00  51.00   47.00  52.00   47.00  52.00   49.00  56.50
1.2   43.00  48.00   43.00  49.00   45.00  51.00   45.00  52.00   47.00  55.00
1.4   37.00  44.50   40.00  48.00   40.00  49.00   43.00  51.00   43.00  52.00
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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#   -0.25  2.00          215#   -4.10  3.00
    165#   -15.00  0.00          195#   -1.03  3.00          225#   -4.10  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 201.80 lb carcass, 0.67 inch back-fat,
7.30 square inch loin/2.43 inch loin depth, FFLI: 52.75%

Price Range $51.50 - $57.50
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 119,034

Base Price Range $49.37 - $75.51, Weighted Average $59.52
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 507

Compared to Prior Day's closing weighted average (LM_HG200),  0.44 lower

Price Rng $37.50 - $42.00, Wtd Avg $39.31, 5 Day Rolling Avg $39.14
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 0           5 Day Rolling Avg $--
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   COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 507

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

Canada                  413             Georgia                   15
Iowa                112,695             Illinois              22,616
Indiana              21,547             Kansas                 2,768
Kentucky              1,846             Maryland                  45
Michigan              9,714             Minnesota             51,059
Missouri              3,918             Montana                  503
North Carolina       16,451             North Dakota             250
Nebraska             13,133             New York                 337
Ohio                 15,092             Oklahoma               3,129
Pennsylvania          3,985             South Carolina           360
South Dakota          9,004             Tennessee              1,477
Utah                    376             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
           www.ams.usda.gov/market-news/livestock-poultry-grain
0800C

.