USDA PM Daily Direct Hogs
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7/18 3:05 PM
USDA PM Daily Direct Hogs 07/18 15:05 LM_HG203 Des Moines, Iowa Thu, Jul 18, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, July 18, 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 7,124 7,124 6,380 8,325 Other Market Formula (Futures/Options) 40,401 40,401 41,880 21,636 Swine or Pork Market Formula 106,440 106,440 108,845 126,726 Other Purchase Arrangement 75,420 75,420 72,631 76,293 Negotiated Formula 11 11 325 1,804 Packer Sold (all purchase types) 22,748 22,748 17,068 7,450 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 12,891 Compared to Prior Day's closing weighted average (LM_HG200), 0.71 higher Base Price Rng $58.00 - $76.50, Wtd Avg $72.24, 5 Day Rolling Avg $70.02 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 12,902 *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 61.00 75.00 62.50 76.50 63.50 76.50 64.50 78.00 65.00 79.66 0.5 58.00 73.50 61.00 75.00 63.50 76.29 64.00 77.73 65.00 79.66 0.6 58.00 73.50 61.00 73.50 62.50 75.00 63.50 76.36 64.50 78.28 0.7 58.00 72.00 58.00 72.10 61.00 73.54 63.50 75.00 64.00 76.91 0.8 57.00 71.00 58.00 72.00 61.00 72.50 62.50 74.00 64.00 75.53 0.9 57.00 70.50 58.00 71.00 58.00 72.00 61.00 73.00 63.50 75.00 1.0 55.00 69.00 57.00 70.50 58.00 71.50 61.00 72.50 62.50 74.00 1.1 54.00 67.00 57.00 68.50 58.00 71.00 58.00 72.00 62.50 73.00 1.2 54.00 65.00 55.00 66.50 57.00 70.50 58.00 71.50 61.00 72.50 1.4 50.50 59.00 54.00 63.50 55.00 66.50 57.00 70.50 58.00 71.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -6.87 175# -4.00 1.00 205# -5.50 3.00 155# -30.00 0.00 185# -1.50 1.50 215# -5.50 3.00 165# -15.00 0.00 195# -1.37 3.00 225# -5.50 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 201.57 lb carcass, 0.72 inch back-fat, 7.08 square inch loin/2.36 inch loin depth, FFLI: 51.85% Price Range $63.50 - $75.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 112,528 Base Price Range $65.12 - $76.36, Weighted Average $70.97 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 974 Compared to Prior Day's closing weighted average (LM_HG200), 0.30 lower Price Rng $49.00 - $56.00, Wtd Avg $54.15, 5 Day Rolling Avg $52.71 -------------------------------------------------------------------------------- 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): 974 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 1,443 Iowa 96,064 Illinois 18,032 Indiana 19,368 Kansas 2,211 Kentucky 1,512 Maryland 340 Michigan 7,259 Minnesota 39,992 Missouri 5,032 North Carolina 14,704 North Dakota 240 Nebraska 13,402 New York 170 Ohio 15,483 Oklahoma 3,184 Pennsylvania 4,677 South Carolina 360 South Dakota 4,914 Wisconsin 3,417 West Virginia 340 -------------------------------------------------------------------------------- *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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