National Daily Direct Hogs Morning
LM_HG202
Des Moines, Iowa                Fri, Oct 12, 2018               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, October 12, 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                                6,334      4,495      6,852      3,745
Other Market Formula (Futures/Options)   24,930     19,586     22,551     33,264
Swine or Pork Market Formula            100,027     91,494     95,696    119,052
Other Purchase Arrangement               75,227     68,019     62,796     59,228
Negotiated Formula                        1,256      1,256      1,442      1,704
Packer Sold (all purchase types)          4,840      4,840      4,738      9,140
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,474

*Price not reported due to confidentiality* 5 Day Rolling Avg $62.85
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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 PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,474

*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

*Price not reported due to confidentiality*
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                           CARCASS WEIGHT DIFFERENTIALS

*Price not reported due to confidentiality*
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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): 90,414

Base Price Range $60.20 - $74.68, Weighted Average $67.26
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 990

Compared to Prior Day's closing weighted average (LM_HG200), 0.47 higher

Price Rng $39.50 - $51.00, Wtd Avg $48.00, 5 Day Rolling Avg $48.70
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,538

*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): 2,528

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

Canada                  577               Colorado                 160
Delaware                 52               Georgia                  540
Iowa                 71,031               Illinois              11,738
Indiana               6,401               Kansas                 3,417
Kentucky              1,013               Michigan               3,952
Minnesota            36,902               Missouri               3,574
Montana                 215               North Carolina        14,504
North Dakota            560               Nebraska              15,357
Ohio                 10,449               Oklahoma               2,510
Pennsylvania          2,217               South Carolina           530
South Dakota          2,910               Tennessee                482
Wisconsin             1,290
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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.

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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