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USDA - AMS: National Daily Direct Hogs Morning (2019-01-02)

USDA U.S. Department of Agriculture - January 2, 2019

LM_HG202
Des Moines, Iowa                Wed, Jan 02, 2019               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, January 2, 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                                5,578      4,138      3,500      5,933
Other Market Formula (Futures/Options)   27,125     22,776     25,444     24,406
Swine or Pork Market Formula            140,544    130,392     62,099     94,409
Other Purchase Arrangement               59,068     50,262     31,158     63,293
Negotiated Formula                            0          0      1,130      1,866
Packer Sold (all purchase types)          7,718      7,718      4,487      8,738
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,985

*Price not reported due to confidentiality* 5 Day Rolling Avg $45.36
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0                     5 Day Rolling Avg $46.89
--------------------------------------------------------------------------------
        COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,985

*Price not reported due to confidentiality* 5 Day Rolling Avg $45.41
--------------------------------------------------------------------------------
               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*
--------------------------------------------------------------------------------
                           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): 132,107

Base Price Range $43.55 - $66.68, Weighted Average $51.77
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 152

*Price not reported due to confidentiality* 5 Day Rolling Avg $35.77
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

Barrows & Gilts (live basis, 240-320 lbs): 152

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

Canada                  190               Iowa                  87,175
Illinois             15,427               Indiana                7,744
Kansas                2,704               Kentucky                 775
Michigan              3,409               Minnesota             47,491
Missouri              2,797               Mississippi              262
Montana                 662               North Carolina        16,166
North Dakota            185               Nebraska              13,100
Ohio                  7,409               Oklahoma               2,326
Pennsylvania          1,235               South Carolina           540
South Dakota          5,404               Virginia                 130
Wisconsin               155
--------------------------------------------------------------------------------
*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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