USDA ECB Daily Direct Hogs (AM)
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7/18 11:50 AM
USDA ECB Daily Direct Hogs (AM) 07/18 11:50 LM_HG209 Des Moines, Iowa Thu, Jul 18, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, July 18, 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 4,798 4,188 2,798 4,468 Other Market Formula (Futures/Options) 11,686 10,428 10,271 4,653 Swine or Pork Market Formula 26,211 21,431 19,910 25,399 Other Purchase Arrangement 22,575 18,070 20,916 26,072 Negotiated Formula 0 0 0 1,620 Packer Sold (all purchase types) 12,339 12,339 9,495 1,900 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,872 Compared to Prior Day's closing weighted average (LM_HG207), 1.02 higher Base Price Rng $68.00 - $68.73, Wtd Avg $68.59, 5 Day Rolling Avg $68.60 -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,872 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - EASTERN CORNBELT 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 71.00 73.40 72.50 74.85 72.50 76.29 74.00 77.73 74.00 79.66 0.5 69.50 73.40 71.00 74.85 71.00 76.29 72.50 77.73 72.50 79.66 0.6 69.50 72.03 69.50 73.47 71.00 74.92 71.00 76.36 72.50 78.28 0.7 68.00 70.65 68.00 72.10 69.50 73.54 69.50 74.98 71.00 76.91 0.8 67.00 69.28 68.00 70.72 68.00 72.17 68.00 73.61 69.50 75.53 0.9 65.00 67.91 67.00 69.35 67.00 70.79 68.00 72.24 68.00 74.16 1.0 65.00 66.53 65.00 67.97 65.00 69.42 67.00 70.86 68.00 72.79 1.1 63.00 64.81 63.00 66.26 65.00 67.70 65.00 69.25 67.00 71.07 1.2 61.00 63.50 61.00 64.19 63.00 66.00 63.00 67.50 65.00 70.00 1.4 53.82 57.50 55.26 63.50 56.70 63.50 58.15 63.50 60.07 67.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -20.00 -6.87 175# -3.00 0.00 205# -5.50 0.00 155# -11.00 0.00 185# 0.00 0.00 215# -5.50 0.00 165# -5.00 0.00 195# -1.37 0.00 225# -5.50 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 192.79 lb carcass, 0.59 inch back-fat, 6.84 square inch loin/2.28 inch loin depth, FFLI: 53.84% Price Range $71.00 - $76.36 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 21,683 Base Price Range $65.62 - $76.05, Weighted Average $73.69 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 151 *Price not reported due to confidentiality* 5 Day Rolling Avg $53.40 -------------------------------------------------------------------------------- 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): 151 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 13,424 Indiana 7,802 Kentucky 1,192 Maryland 170 Michigan 4,032 North Carolina 14,704 New York 170 Ohio 7,806 Pennsylvania 2,654 South Carolina 360 Wisconsin 3,257 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 1100C
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