National Daily Direct Hogs Morning
LM_HG202
Des Moines, Iowa                Tue, Nov 12, 2019               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, November 12, 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                                6,100      3,626      7,089      4,071
Other Market Formula (Futures/Options)   29,840     26,595     31,307     61,986
Swine or Pork Market Formula             96,409     87,036     86,773    100,806
Other Purchase Arrangement               59,577     54,085     58,622     75,793
Negotiated Formula                          200        160        149        888
Packer Sold (all purchase types)         16,976     16,976     18,260      8,089
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 6,525

Compared to Prior Day's closing weighted average (LM_HG200),  0.12 lower

Base Price Rng $40.00 - $43.09, Wtd Avg $42.47, 5 Day Rolling Avg $44.08
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 160

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

Barrows & Gilts (carcass basis): 6,685

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
               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

    145#   -27.75 -4.31          175#   -1.75  0.00          205#   -3.45  0.00
    155#   -27.75  0.00          185#   -0.25  0.00          215#   -3.45  0.00
    165#   -15.00  0.00          195#   -0.86  0.00          225#   -3.45  0.00
--------------------------------------------------------------------------------
                  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): 95,125

Base Price Range $41.22 - $85.84, Weighted Average $59.07
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 247

Compared to Prior Day's closing weighted average (LM_HG200), 2.25 lower

Base Price Rng $32.15 - $43.00, Wtd Avg $36.93, 5 Day Rolling Avg $36.82
--------------------------------------------------------------------------------
               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): 247

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

Canada                  190               Georgia                  180
Iowa                 63,000               Illinois              18,702
Indiana               8,509               Kansas                 3,398
Kentucky                349               Maryland                 170
Michigan              6,254               Minnesota             34,647
Missouri              2,844               Montana                  416
North Carolina       17,436               North Dakota             550
Nebraska             10,063               Ohio                   9,892
Oklahoma              1,450               Pennsylvania           3,396
South Dakota          6,392               Wisconsin                640
--------------------------------------------------------------------------------
*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

1100C



.