National Daily Direct Hogs Morning
LM_HG202
Des Moines, Iowa                Mon, Feb 11, 2019               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, February 11, 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                                6,333      3,895      5,546      4,244
Other Market Formula (Futures/Options)   49,609     44,377     56,348     25,777
Swine or Pork Market Formula            173,622    143,945    179,208    116,715
Other Purchase Arrangement              173,017    163,148    178,187    126,956
Negotiated Formula                        1,218      1,218      3,735      1,551
Packer Sold (all purchase types)          7,919      7,919      8,477     12,020
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,823

*Price not reported due to confidentiality* 5 Day Rolling Avg $49.75
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

Barrows & Gilts (carcass basis): 3,823

*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

*Price not reported due to confidentiality*
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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): 142,452

Base Price Range $47.06 - $62.11, Weighted Average $54.84
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 652

Compared to Prior Day's closing weighted average (LM_HG200), 0.07 lower

Price Rng $36.00 - $39.60, Wtd Avg $38.80, 5 Day Rolling Avg $39.10
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,217

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

Barrows & Gilts (live basis, 240-320 lbs): 1,869

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

Canada                1,310               Iowa                 208,025
Illinois             22,046               Indiana                8,649
Kansas                4,085               Kentucky               1,350
Michigan              2,671               Minnesota             62,101
Missouri              4,133               Montana                  857
North Carolina        5,304               North Dakota             555
Nebraska             16,163               Ohio                   7,470
Oklahoma              2,889               Pennsylvania           1,032
South Dakota         13,224               Tennessee                970
Wisconsin               948
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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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