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USDA - AMS: Eastern Cornbelt Daily Direct Hogs Morning (2019-06-13)

USDA U.S. Department of Agriculture - June 13, 2019

LM_HG209
Des Moines, Iowa                Thu, Jun 13, 2019               USDA Market News

EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, June 13, 2019
(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                                2,208      2,208      2,459      3,421
Other Market Formula (Futures/Options)   11,775      9,945      7,600     31,703
Swine or Pork Market Formula             25,143     20,798     19,287     26,544
Other Purchase Arrangement               23,597     19,257     21,754     26,507
Negotiated Formula                          422        422        624      1,392
Packer Sold (all purchase types)         10,360     10,360     10,773      2,234
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,630

*Price not reported due to confidentiality* 5 Day Rolling Avg $75.38
---------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

Barrows & Gilts (carcass basis): 2,630

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

*Price not reported due to confidentiality*
--------------------------------------------------------------------------------
                  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): 23,329

Base Price Range $71.14 - $81.74, Weighted Average $79.29
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 0           5 Day Rolling Avg $59.11
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 280

*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): 280

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

Illinois             16,850               Indiana                6,530
Kentucky              2,550               Michigan               4,510
North Carolina       14,456               New York                 169
Ohio                  9,826               Pennsylvania           1,929
South Carolina          540               Tennessee                487
Wisconsin               803
--------------------------------------------------------------------------------
*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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