Eastern Cornbelt Daily Direct Prior Day Purchased Swine
LM_HG207
Des Moines, Iowa                Mon, Apr 16, 2018               USDA Market News

EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
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                                5,504           6,983            631
  Other Market Formula (Futures/Options)   25,813          13,129         67,132
  Swine or Pork Market Formula             45,493          41,118         21,602
  Other Purchase Arrangement               33,087          29,325          6,092
  Negotiated Formula                        1,344           1,481          1,769
Packer Sold (all purchase types)              750             450              0
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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         2,520    24,504     41,494     31,914        482    100,914
  Base Price             *     64.09      51.74      60.28          *      55.90
Packer Sold
  Head Count                                                                 750
  Base Price                                                                   *
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,520

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

Barrows & Gilts (carcass basis): 3,002

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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           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*
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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): 42,244

Base Price Range $46.76 - $60.40, Weighted Average $51.82
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,447

Compared to Prior Day's closing weighted average (LM_HG207), 0.25 lower

Price Rng $36.00 - $38.00, Wtd Avg $37.38, 5 Day Rolling Avg $37.13
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 824

*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): 2,271

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

Georgia                 522             Illinois              25,418
Indiana              26,336             Kentucky               3,312
Michigan              8,219             Mississippi              278
North Carolina       19,212             Ohio                  23,639
Pennsylvania          3,034             South Carolina           170
Tennessee               879             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
0800C      www.ams.usda.gov/market-news/livestock-poultry-grain



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