National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Mon, Apr 16, 2018               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, April 13, 2018

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                9,725          13,566          4,656
  Other Market Formula (Futures/Options)   48,936          40,022         88,308
  Swine or Pork Market Formula            157,756         186,144        129,079
  Other Purchase Arrangement              165,862         126,534         51,726
  Negotiated Formula                        1,670           2,009          3,078
Packer Sold (all purchase types)           13,716          18,032          6,666
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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         4,408    47,627     150,830     161,865        482  365,212
  Base Price         50.13     60.44       52.31       62.87          *    57.96
Packer Sold
  Head Count                                                              12,846
  Base Price                                                               52.56
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   4,408

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 0.50 to 3.00 higher, mostly 0.75 to 2.00 higher. Slow market 
activity with light to moderate demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.66 higher

Base Price Rng $44.00 - $53.00, Wtd Avg $50.13, 5 Day Rolling Avg $47.69
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   482

*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):   4,890

*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   47.00  53.00   48.50  54.50   49.50  54.59   50.50  56.00   51.00  57.00
0.5   44.00  52.52   47.00  53.56   49.50  54.59   50.00  55.62   51.00  57.00
0.6   44.00  51.54   47.00  52.57   48.50  53.61   49.50  54.64   50.50  56.02
0.7   44.00  50.56   44.00  51.59   47.00  52.62   49.50  54.50   50.00  55.03
0.8   43.00  49.57   44.00  50.61   47.00  52.00   48.50  53.50   50.00  55.00
0.9   43.00  48.59   44.00  49.62   44.00  50.66   47.00  52.00   49.00  54.50
1.0   41.00  47.61   43.00  48.64   44.00  49.67   47.00  52.00   48.50  53.50
1.1   40.00  46.38   43.00  48.00   44.00  49.00   44.00  49.50   48.00  53.50
1.2   40.00  45.00   41.00  46.00   43.00  48.00   44.00  49.00   46.00  52.00
1.4   36.00  41.50   39.00  45.00   39.00  46.00   41.61  48.00   42.00  49.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.92          175#   -4.00  1.00          205#   -3.93  3.00
    155#   -30.00  0.00          185#   -1.50  1.50          215#   -3.93  3.00
    165#   -15.00  0.00          195#   -0.98  3.00          225#   -3.93  1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 205.90 lb carcass, 0.64 inch back-fat,
7.33 square inch loin/2.44 inch loin depth, FFLI: 53.19%

Price Range $49.50 - $54.64
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 158,812

Base Price Range $45.85 - $62.39, Weighted Average $52.27
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,836

Compared to Prior Day's closing weighted average (LM_HG200),  1.81 higher

Price Rng $36.00 - $43.00, Wtd Avg $38.52, 5 Day Rolling Avg $37.34
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,313

*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): 4,149

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

Canada                  419             Georgia                  522
Iowa                202,687             Illinois              25,418
Indiana              26,336             Kansas                 2,158
Kentucky              3,312             Michigan               8,219
Minnesota            46,098             Missouri               3,128
Mississippi             278             Montana                  604
North Carolina       19,212             Nebraska              17,525
Ohio                 23,639             Oklahoma               2,685
Pennsylvania          3,034             South Carolina           170
South Dakota          9,816             Tennessee                879
Utah                    554             Wisconsin                972
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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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