USDA PM Daily Direct Hogs
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10/30 3:00 PM
USDA PM Daily Direct Hogs 10/30 15:00 LM_HG203 Des Moines, IA Fri, Oct 30, 2020 NATIONAL DAILY DIRECT HOGS AFTERNOON CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 6,776 6,776 Other Market Formula 32,207 32,207 Swine/Pork Market Formula 161,477 161,477 Other Purchase Arrangement 69,062 69,062 Negotiated Formula 1,164 1,164 Pack. Sold (all purchase types) 25,792 25,792 -------------------------------------------------------------------------------- NEGOTIATED (CARCASS BASIS) Barrows & Gilts (carcass basis): 6,857 Base Price Rng $56.00 - $63.00 , Wtd Avg $61.35 , 5 Day Rolling Avg $61.64 -------------------------------------------------------------------------------- NEGOTIATED FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): 1,164 *Price not reported due to confidentiality* , 5 Day Rolling Avg $67.49 -------------------------------------------------------------------------------- COMBINED NEGOTIATED/NEGOTIATED FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): 8,021 *Price not reported due to confidentiality* , 5 Day Rolling Avg $61.08 -------------------------------------------------------------------------------- SWINE/PORK MARKET FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): 178,914 Base Price Rng $60.28 - $83.14 , Wtd Avg $71.98 -------------------------------------------------------------------------------- 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 59.00 65.60 60.50 66.89 61.50 68.18 62.00 69.47 62.00 71.19 0.5 56.00 65.60 59.00 66.89 61.50 68.18 62.00 69.47 62.00 71.19 0.6 56.00 64.37 59.00 65.66 60.50 66.95 61.50 68.24 62.00 69.96 0.7 56.00 63.14 56.00 64.43 59.00 65.72 61.50 67.01 62.00 68.73 0.8 55.00 61.91 56.00 63.20 59.00 64.49 60.50 65.78 62.00 67.50 0.9 55.00 60.68 56.00 61.97 56.00 63.26 59.00 64.55 61.50 66.27 1.0 53.00 59.45 55.00 60.74 56.00 62.03 59.00 63.32 60.50 65.04 1.1 52.00 57.92 55.00 59.21 56.00 60.50 56.00 61.79 60.50 63.51 1.2 52.00 56.08 53.00 57.37 55.00 59.00 56.00 60.00 59.00 61.67 1.4 47.00 49.50 49.38 53.00 50.67 55.00 51.96 59.00 53.68 60.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -6.14 175# -6.30 1.00 205# -2.46 3.00 155# -30.00 .00 185# -1.00 1.50 215# -7.37 3.00 165# -15.00 .00 195# -2.46 3.00 225# -7.37 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.35 lb carcass , .71 inch back-fat , 7.05 square inch loin/2.35 inch loin depth, FFLI: 51.99 Price Range $61.50 - $67.01 -------------------------------------------------------------------------------- NEGOTIATED (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): 356 *Price not reported due to confidentiality* , 5 Day Rolling Avg $49.43 -------------------------------------------------------------------------------- NEGOTIATED FORMULA (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED/NEGOTIATED FORMULA (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): 356 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 1,895 Georgia 180 Iowa 112,330 Illinois 22,867 Indiana 20,754 Kansas 3,911 Kentucky 3,521 Michigan 8,575 Minnesota 47,257 Missouri 4,092 Montana 227 North Carolina 12,570 North Dakota 422 Nebraska 18,004 Ohio 18,509 Oklahoma 3,152 Pennsylvania 4,020 South Dakota 10,773 Tennessee 2,504 Utah 65 Virginia 8 Wisconsin 842 --------------------------------------------------------------------------------
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