Western Cornbelt Daily Direct Prior Day Purchased Swine
LM_HG208
Des Moines, Iowa                Mon, Apr 15, 2019               USDA Market News

WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, April 12, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                3,253           4,589          4,026
  Other Market Formula (Futures/Options)   46,895          59,722         23,123
  Swine or Pork Market Formula            126,511         122,249        109,510
  Other Purchase Arrangement               79,368          87,357        132,015
  Negotiated Formula                          297             471            326
Packer Sold (all purchase types)            9,063           9,372         12,412
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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         1,940    46,895    123,231     76,818          0    248,884
  Base Price         73.63     80.08      77.56      77.62          *      78.02
Packer Sold
  Head Count                                                               9,063
  Base Price                                                               77.77
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,580

Compared to Prior Day's closing weighted average (LM_HG208),  2.58 higher

Base Price Rng $67.00 - $78.50, Wtd Avg $76.33, 5 Day Rolling Avg $75.84
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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 FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):  4,580

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

    145#   -30.00-10.00          175#   -1.75  1.00          205#    0.00  3.00
    155#   -30.00 -7.40          185#   -0.25  2.00          215#   -0.25  3.00
    165#   -15.00 -3.37          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): 128,359

Base Price Range $72.07 - $82.01, Weighted Average $77.55
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,195

Compared to Prior Day's closing weighted average (LM_HG208),   0.20 higher

Price Rng $51.73 - $59.25, Wtd Avg $58.64, 5 Day Rolling Avg $58.52
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 139

*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): 1,334

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

Iowa                142,349             Kansas                 3,083
Minnesota            76,449             Missouri               2,917
Nebraska             24,701             South Dakota          15,888
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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
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