USDA AM Daily Direct Hogs
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3/20 11:10 AM
USDA AM Daily Direct Hogs 03/20 11:10 LM_HG202 Des Moines, Iowa Wed, Mar 20, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, March 20, 2019 (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 7,229 4,879 6,370 6,038 Other Market Formula (Futures/Options) 91,375 87,916 37,454 19,176 Swine or Pork Market Formula 109,465 100,143 83,657 94,158 Other Purchase Arrangement 65,853 58,532 69,914 63,297 Negotiated Formula 1,087 1,087 1,473 1,064 Packer Sold (all purchase types) 13,479 13,423 10,851 6,305 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,078 Compared to Prior Day's closing weighted average (LM_HG200), 1.71 higher Base Price Rng $54.00 - $63.00, Wtd Avg $59.30, 5 Day Rolling Avg $55.44 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,078 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- 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 57.00 63.00 58.50 64.50 59.50 64.50 60.50 66.00 61.00 67.03 0.5 54.00 61.76 57.00 63.00 59.50 64.19 60.00 65.41 61.00 67.03 0.6 54.00 61.50 57.00 61.82 58.50 63.03 59.50 64.25 60.50 65.87 0.7 54.00 60.00 54.00 60.66 57.00 61.88 59.00 63.09 60.00 64.71 0.8 53.00 59.00 54.00 60.00 57.00 60.72 57.50 61.94 59.00 63.56 0.9 53.00 57.14 54.00 59.00 54.00 59.56 57.00 60.78 57.50 62.40 1.0 51.00 57.00 53.00 57.19 54.00 58.41 56.50 59.62 57.50 61.24 1.1 50.00 55.00 52.50 55.75 54.00 57.00 54.00 58.18 56.50 60.50 1.2 50.00 53.00 50.50 54.01 52.50 55.23 52.50 56.44 54.50 59.00 1.4 44.50 48.50 46.50 52.00 47.50 53.00 48.92 55.00 50.50 56.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -5.78 175# -3.00 1.00 205# -4.63 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -4.63 3.00 165# -15.00 0.00 195# -1.16 3.00 225# -4.63 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 201.59 lb carcass, 0.63 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 53.30% Price Range $59.50 - $64.25 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 105,086 Base Price Range $50.20 - $70.43, Weighted Average $60.86 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 335 Compared to Prior Day's closing weighted average (LM_HG200), 0.63 higher Price Rng $40.00 - $47.35, Wtd Avg $43.81, 5 Day Rolling Avg $41.32 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,087 *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): 1,422 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 190 Iowa 89,071 Illinois 16,893 Indiana 15,392 Kansas 2,885 Kentucky 515 Michigan 6,407 Minnesota 52,915 Missouri 3,355 Mississippi 544 Montana 443 North Carolina 14,152 Nebraska 14,186 New York 333 Ohio 34,137 Oklahoma 2,641 Pennsylvania 1,481 South Carolina 180 South Dakota 4,813 Utah 144 Wisconsin 5,303 -------------------------------------------------------------------------------- *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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