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DTN Hog Close/Trends 08/16 15:05






DTN HOG CLOSE/TRENDS 08/16/19

DAILY DIRECT HOGS.

BASE MARKET HOG RANGE AVG CHANGE
WESTERN CORNBELT NA Due to UDSA Chgs$ 71.73 -0.97
EASTERN CORNBELT NA Due to USDA Chgs$ NA Confident.
IOWA/MINNESOTA NA Due to USDA Chgs$ 72.87 -0.08
NATIONAL $59.00-$74.00 $ 69.65 -1.60
*** See note below about the above changes. ***
SPECS - .65-1.1" back-fat, 6 square inch loin 4 2.0 depth
NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
DATE HD COUNT AVG WT 49-50% 51-52% 53-54%
08/15 73,729 208.65 74.71 76.48 78.14
PORK CUTS CUTOUT/PRIMAL VALUES
321.85 lds cuts CARCASS $ 86.26 -1.97
30.37 lds trim LOIN $ 74.46 +0.42
BUTT $ 91.95 +0.18
352.21 Total Lds PIC $ 50.82 -0.75
RIB $112.92 +2.12
HAM $ 69.30 -4.23
BELLY $169.81 -5.72
PORK TRIMMINGS:
42% Trim Combo $ 52.28
72% Trim Combo $ 69.69
FI KILL(WTD) FRI 454(2354) WK AGO 451(2303) YR AGO 444(2301)
SAT 143(2497) WK AGO 51(2354) YR AGO 157(2459)
LOCATION TREND BAR/GILTS HEAD SOW TREND LT SOWS HVY SOWS BOARS
*DORCHSTR, WI Steady 50.00 340 Steady 36.00 46.00 15-25
*GARNAVILLO,IA Market Closed Today
RED OAK, IA P Sale 1st & 3rd Wednesday of Each Month
***Dorchester & Garnavillo are now Premise ID Hogs Only***
P = Private Source(not necessarily a terminal) * = Pre-opening Call;
Carcass Basis 49-51% Carcass 185#
DTN publishes private source hog prices as they are reported to us. DTN is
not responsible for the accuracy of these numbers.
LOCATION TREND BAR/GILTS HEAD SOW TREND LT SOWS HVY SOWS BOARS
WCB* WA 71.73 0.12 Hr NA Due to USDA Chngs(Prior Day)22.00-44.00 22.00-48.19
ECB* WA NA Confident NA Due to USDA Chngs(Prior Day)28.00-46.50 23.00-47.50
IA/MN WA 72.87 0.35 Hr NA Due to USDA Chngs(Prior Day)22.00-44.00 22.00-48.19
NAT'L WA 69.65 0.49 Lr 59.00-74.00 8,193 (Prior Day)22.00-46.50 22.00-48.19
IL 775 Steady 33-40 36-48 8-27
VOLUME: IL - 16,664 / IN/OH - 34,157 / IA/MN - 296,536
NEG: WCB* - 3,564 / ECB* - 3,942 / IA/MN - 3,063 / NAT'L 7,506
WCB, ECB, IA/MN and Nat'l are all plant delivered. (WA=Weighted Average;
NEG=Negotiated; WCB*=Western Cornbelt; ECB*=Eastern Cornbelt)

***USDA's Agricultural Marketing Service (AMS) has revised its Livestock
Mandatory Reporting (LMR) direct swine reports to provide more continuous
coverage of the regional negotiated swine markets.

Since the implementation of LMR in 2001, the volume of barrows and gilts
purchased on a negotiated basis has declined from 17 percent of the market to
about 1 percent today. The thinness of the negotiated market has made it
increasingly difficult for AMS to publish regional market information while
maintaining the confidentiality requirements set forth in the statute.

As requested by the pork industry, AMS will publish only weighted average
prices for carcass and live basis negotiated barrows and gilts and not show
the daily volumes or price ranges on the Iowa-Minnesota, Western Cornbelt, and
Eastern Cornbelt regional daily and prior day swine purchase reports going
forward. This revision allows AMS to publish as much regional data as possible
while preserving confidentiality. The National swine purchase reports will
continue to include volume, price ranges, and weighted average prices for the
negotiated barrow and gilt market. The other swine purchase types - other
market formula, swine or pork market formula, and other purchase arrangement
are not impacted by this revision.***