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BC-USDA-Eastern Cornbelt Hog Report

Wednesday , June 13, 2018 - 10:07 AM

LM—HG209
Des Moines, Iowa Thu, Jun 14, 2018 USDA Market News

EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, June 14, 2018
(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 3,943 3,421 4,432 2,784
Other Market Formula (Futures/Options) 33,521 31,703 6,825 8,387
Swine or Pork Market Formula 29,720 26,544 23,403 25,197
Other Purchase Arrangement 29,847 26,507 24,190 24,446
Negotiated Formula 1,392 1,392 1,006 1,475
Packer Sold (all purchase types) 2,234 2,234 2,256 1,944
--------------------------------------------------------------------------------

NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,560

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

NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $--
---------------------------------------------------------------------------------

COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,560

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

EASTERN 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*
--------------------------------------------------------------------------------

CARCASS WEIGHT DIFFERENTIALS

*Price not reported due to confidentiality*
--------------------------------------------------------------------------------

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): 19,909

Base Price Range $70.47 - $85.82, Weighted Average $81.88
--------------------------------------------------------------------------------

NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 856

Compared to Prior Day’s closing weighted average (LM—HG207), 1.70 higher

Price Rng $59.00 - $64.00, Wtd Avg $63.13, 5 Day Rolling Avg $60.58
--------------------------------------------------------------------------------

NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 114

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

COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 970

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

Delaware 41 Georgia 720
Illinois 36,253 Indiana 6,734
Kentucky 819 Michigan 4,369
North Carolina 20,311 New York 175
Ohio 9,601 Pennsylvania 1,912
South Carolina 530 Tennessee 805
Wisconsin 334
--------------------------------------------------------------------------------
*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

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