National Daily Direct Hogs Afternoon
LM_HG203
Des Moines, Iowa                Mon, Feb 18, 2019               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, February 18, 2019
(Includes information from 1:30 PM to 1:30 PM.)

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

                                      Estimated     Actual     Actual     Actual
                                          Today      Today   Week Ago   Year Ago
Producer Sold
Negotiated                                6,082      6,082      7,894     10,041
Other Market Formula (Futures/Options)   64,021     64,021     58,761     43,012
Swine or Pork Market Formula            186,073    186,073    183,886    154,494
Other Purchase Arrangement              180,241    180,241    197,272    100,563
Negotiated Formula                        1,581      1,581      1,218      1,203
Packer Sold (all purchase types)         12,091     12,091     11,147     11,552
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,650

Compared to Prior Day's closing weighted average (LM_HG200),  0.02 higher

Base Price Rng $44.50 - $49.00, Wtd Avg $48.62, 5 Day Rolling Avg $48.35
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 170

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

Barrows & Gilts (carcass basis): 3,820

*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

    145#   -30.00 -8.01          175#   -1.75  1.00          205#    0.00  3.00
    155#   -30.00 -4.45          185#   -0.25  2.00          215#   -0.25  3.00
    165#   -15.00 -2.67          195#    0.00  3.00          225#   -2.25  2.00
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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): 184,509

Base Price Range $44.47 - $60.40, Weighted Average $52.70
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,867

Compared to Prior Day's closing weighted average (LM_HG200), 1.16 lower

Price Rng $33.00 - $39.75, Wtd Avg $36.56, 5 Day Rolling Avg $37.83
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,842

*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): 3,709

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

Canada                  960               Georgia                  180
Iowa                225,358               Illinois              29,837
Indiana              22,503               Kansas                 5,455
Kentucky                550               Maryland                 170
Michigan              5,004               Minnesota             68,845
Missouri              4,173               Mississippi              387
North Carolina       24,897               North Dakota             180
Nebraska             28,758               Ohio                  12,996
Oklahoma              3,692               Pennsylvania           2,628
South Carolina          900               South Dakota          10,041
Texas                 1,140               Wisconsin              1,435
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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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