USDA ECB Daily Direct Hogs (AM)
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1/22 10:50 AM
USDA ECB Daily Direct Hogs (AM) 01/22 10:50 LM_HG209 Des Moines, Iowa Wed, Jan 22, 2020 USDA Market News EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, January 22, 2020 (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 5,298 5,298 3,194 3,679 Other Market Formula (Futures/Options) 9,624 9,056 17,095 8,893 Swine or Pork Market Formula 25,853 23,148 22,032 28,180 Other Purchase Arrangement 25,778 21,273 21,616 21,760 Negotiated Formula 400 0 0 1,338 Packer Sold (all purchase types) 10,807 10,807 14,218 2,794 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): Compared to Prior Day's closing weighted average (LM_HG207), 0.38 higher Wtd Avg $51.58, 5 Day Rolling Avg $51.65 -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *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 51.00 54.98 52.50 56.06 53.50 57.14 54.25 58.22 54.25 59.67 0.5 48.00 54.98 51.00 56.06 53.50 57.14 54.00 58.22 54.25 59.67 0.6 48.00 53.95 51.00 55.03 52.50 56.11 53.50 57.19 54.25 58.64 0.7 48.00 52.92 48.00 54.00 51.00 55.08 53.50 56.16 54.00 57.61 0.8 47.00 51.89 48.00 52.97 51.00 54.05 52.50 55.14 54.00 56.58 0.9 47.00 51.25 48.00 51.94 48.00 53.02 51.00 54.11 53.50 55.75 1.0 45.00 49.83 47.00 51.25 48.00 52.25 51.00 53.25 52.50 54.75 1.1 44.00 48.55 47.00 49.63 48.00 51.75 48.00 52.75 52.50 53.75 1.2 44.00 47.00 45.00 48.08 47.00 51.25 48.00 52.25 51.00 53.25 1.4 39.25 40.50 41.39 44.25 42.47 47.25 43.55 51.25 44.99 52.25 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.15 175# -4.00 0.00 205# -4.12 0.00 155# -19.00 0.00 185# -1.00 0.00 215# -4.12 0.00 165# -9.00 0.00 195# -1.03 0.00 225# -4.12 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 197.59 lb carcass, 0.61 inch back-fat, 6.81 square inch loin/2.27 inch loin depth, FFLI: 53.43% Price Range $53.50 - $57.19 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 25,988 Base Price Range $50.78 - $77.69, Weighted Average $59.73 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *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): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 18,260 Indiana 9,197 Kentucky 520 Maryland 329 Michigan 5,836 North Carolina 17,485 New York 415 Ohio 7,440 Pennsylvania 1,975 South Carolina 180 Tennessee 200 Wisconsin 949 -------------------------------------------------------------------------------- *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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