National Daily Direct Prior Purchased Swine
LM_HG200	***RESENDING FOR CORRECTIONS ON LIVE NEGOTIATED HOGS***
Des Moines, Iowa                Fri, Nov 08, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, November 7, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                5,032           7,360          7,930
  Other Market Formula (Futures/Options)   29,893          35,416         30,072
  Swine or Pork Market Formula            114,873         112,354        128,282
  Other Purchase Arrangement               79,666         146,645         76,389
  Negotiated Formula                          986             330          1,162
Packer Sold (all purchase types)           18,664          16,655          9,105
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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         3,605    29,547     109,114      75,983        330  218,579
  Base Price         45.19     63.99       58.35       65.36          *    61.24
Packer Sold
  Head Count                                                              18,487
  Base Price                                                               51.21
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   3,803

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 0.06 to 1.36 lower, the market trend is not well established. Slow 
market activity with light demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.20 lower

Base Price Rng $41.00 - $46.00, Wtd Avg $45.24, 5 Day Rolling Avg $46.44
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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):   4,133

*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   44.00  49.11   45.50  50.50   46.50  51.50   47.50  52.50   48.00  53.29
0.5   41.00  49.11   44.00  50.07   46.50  51.50   47.00  52.00   48.00  53.29
0.6   41.00  48.19   44.00  49.15   45.50  50.50   46.50  51.50   47.50  52.50
0.7   41.00  47.27   41.00  48.23   44.00  49.20   46.50  51.50   47.00  52.00
0.8   40.00  46.35   41.00  47.31   44.00  49.00   45.50  50.50   47.00  52.00
0.9   40.00  45.43   41.00  46.39   41.00  47.36   44.00  49.00   46.50  51.50
1.0   38.00  44.51   40.00  45.47   41.00  46.44   44.00  49.00   45.50  50.50
1.1   37.00  43.36   40.00  45.00   41.00  46.00   41.00  46.26   45.50  50.50
1.2   37.00  42.00   38.00  43.00   40.00  45.00   41.00  46.00   44.00  49.00
1.4   33.00  38.50   36.97  42.00   37.93  43.00   38.90  45.00   40.19  46.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -20.00 -4.60          175#   -1.50  0.00          205#   -3.68  0.00
    155#   -11.82  0.00          185#    0.00  0.00          215#   -3.68  0.00
    165#    -5.00  0.00          195#   -0.92  0.00          225#   -3.68  0.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 207.80 lb carcass, 0.64 inch back-fat,
7.51 square inch loin/2.50 inch loin depth, FFLI: 53.28%

Price Range $46.50 - $51.50
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 121,864

Base Price Range $41.99 - $76.44, Weighted Average $57.58
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,289

Compared to Prior Day's closing weighted average (LM_HG200),  3.13 higher

Base Price Rng $33.47 - $38.00, Wtd Avg $36.73, 5 Day Rolling Avg $38.32
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 656

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

Barrows & Gilts (live basis, 240-320 lbs): 1,945

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

Canada                  190             Delaware                  42
Georgia                 165             Iowa                  83,997
Illinois             22,656             Indiana               21,776
Kansas                3,650             Kentucky               1,025
Michigan              8,257             Minnesota             45,809
Missouri              4,020             North Carolina        14,043
North Dakota            170             Nebraska              13,740
Ohio                 11,958             Oklahoma               3,336
Pennsylvania          4,533             South Carolina           900
South Dakota          8,355             Wisconsin                492
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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

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