USDA AM Daily Direct Hogs
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5/22 11:00 AM
USDA AM Daily Direct Hogs 05/22 11:00 LM_HG202 Des Moines, Iowa Wed, May 22, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, May 22, 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 6,792 4,907 4,054 3,736 Other Market Formula (Futures/Options) 30,400 27,470 34,365 22,451 Swine or Pork Market Formula 85,685 75,316 85,437 93,917 Other Purchase Arrangement 62,023 53,430 48,973 63,691 Negotiated Formula 588 588 654 1,147 Packer Sold (all purchase types) 14,812 14,812 15,906 5,485 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,010 Compared to Prior Day's closing weighted average (LM_HG200), 1.49 lower Base Price Rng $72.00 - $81.00, Wtd Avg $79.34, 5 Day Rolling Avg $80.90 -------------------------------------------------------------------------------- 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): 4,010 *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 75.00 85.31 76.50 86.99 77.50 88.67 78.50 90.34 79.00 92.58 0.5 72.00 85.31 75.00 86.99 77.50 88.67 78.00 90.34 79.00 92.58 0.6 72.00 83.71 75.00 85.39 76.50 87.07 77.50 88.75 78.50 90.98 0.7 72.00 82.12 72.00 83.79 75.00 85.47 77.50 87.15 78.00 89.39 0.8 71.00 80.52 72.00 82.20 75.00 83.87 76.50 85.55 78.00 87.79 0.9 71.00 78.92 72.00 80.60 72.00 82.28 75.00 83.95 77.50 86.19 1.0 69.00 77.32 71.00 79.00 72.00 80.68 75.00 82.36 76.50 84.59 1.1 68.00 75.33 71.00 77.00 72.00 78.68 72.00 80.36 76.50 82.60 1.2 68.00 73.00 69.00 74.61 71.00 76.29 72.00 77.96 75.00 80.20 1.4 62.55 67.00 64.22 73.00 65.90 73.00 67.58 73.00 69.82 77.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -27.75 -7.99 175# -1.75 0.00 205# -6.39 0.00 155# -27.75 0.00 185# -0.25 0.00 215# -6.39 0.00 165# -15.00 0.00 195# -1.60 0.00 225# -6.39 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.00 lb carcass, 0.74 inch back-fat, 6.93 square inch loin/2.31 inch loin depth, FFLI: 51.43% Price Range $77.50 - $87.15 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 80,630 Base Price Range $74.22 - $88.87, Weighted Average $82.94 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 617 Compared to Prior Day's closing weighted average (LM_HG200), 0.41 higher Price Rng $59.00 - $65.25, Wtd Avg $63.61, 5 Day Rolling Avg $63.13 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 549 *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): 1,166 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 190 Georgia 180 Iowa 68,176 Illinois 15,878 Indiana 9,565 Kansas 2,550 Kentucky 509 Michigan 4,828 Minnesota 29,598 Missouri 2,478 Mississippi 252 Montana 440 North Carolina 11,193 North Dakota 180 Nebraska 11,978 New York 330 Ohio 9,071 Oklahoma 2,938 Pennsylvania 1,489 South Carolina 540 South Dakota 3,435 Utah 113 Wisconsin 640 -------------------------------------------------------------------------------- *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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