USDA PM Daily Direct Hogs
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11/13 2:45 PM
USDA PM Daily Direct Hogs 11/13 14:45 LM_HG203 Des Moines, Iowa Wed, Nov 13, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, November 13, 2019 (Includes information from 1:30 PM to 1:30 PM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 12,351 12,351 8,665 9,260 Other Market Formula (Futures/Options) 260,525 260,525 37,434 44,047 Swine or Pork Market Formula 113,322 113,322 110,376 132,135 Other Purchase Arrangement 86,428 86,428 114,223 103,900 Negotiated Formula 0 0 652 973 Packer Sold (all purchase types) 17,131 17,131 17,680 11,517 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,293 Compared to Prior Day's closing weighted average (LM_HG200), 0.49 lower Base Price Rng $40.00 - $43.09, Wtd Avg $42.24, 5 Day Rolling Avg $43.14 -------------------------------------------------------------------------------- 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): 11,293 *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 43.00 46.02 44.50 47.00 45.50 47.83 46.50 48.73 47.00 49.94 0.5 40.00 46.02 43.00 46.93 45.50 47.83 46.00 48.73 47.00 49.94 0.6 40.00 45.16 43.00 46.06 44.50 46.97 45.50 47.87 46.50 49.08 0.7 40.00 44.30 40.00 45.20 43.00 46.11 44.00 47.50 45.50 48.22 0.8 39.00 43.43 40.00 44.34 42.50 45.24 42.50 46.50 44.00 48.00 0.9 39.00 42.57 40.00 43.48 40.00 44.38 42.50 45.29 42.50 47.50 1.0 37.00 41.71 39.00 42.62 39.50 43.52 41.50 45.00 42.50 46.50 1.1 36.00 40.63 37.50 41.54 39.50 42.44 39.50 43.35 41.50 46.50 1.2 35.50 39.34 35.50 40.25 37.50 41.15 37.50 42.06 39.50 45.00 1.4 29.50 34.50 32.50 38.00 32.50 39.00 35.50 41.00 35.50 42.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -4.31 175# -3.00 1.00 205# -3.45 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -3.45 3.00 165# -15.00 0.00 195# -0.86 3.00 225# -3.45 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 209.77 lb carcass, 0.59 inch back-fat, 7.60 square inch loin/2.53 inch loin depth, FFLI: 54.06% Price Range $45.50 - $47.87 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 120,133 Base Price Range $40.72 - $88.03, Weighted Average $58.10 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 789 Compared to Prior Day's closing weighted average (LM_HG200), 0.21 higher Base Price Rng $30.74 - $38.00, Wtd Avg $35.58, 5 Day Rolling Avg $36.79 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 789 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 577 Iowa 185,016 Illinois 121,614 Indiana 28,225 Kansas 2,732 Kentucky 2,749 Maryland 160 Michigan 7,825 Minnesota 51,832 Missouri 3,835 Montana 440 North Carolina 36,263 Nebraska 13,556 New York 322 Ohio 16,950 Oklahoma 3,134 Pennsylvania 3,650 South Carolina 720 South Dakota 6,798 Tennessee 2,110 Wisconsin 1,249 -------------------------------------------------------------------------------- *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 1500C .
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