USDA ECB Daily Direct Hogs (PM)
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5/22 4:47 PM
USDA ECB Daily Direct Hogs (PM) 05/22 16:35 LM_HG210 Des Moines, Iowa Wed, May 22, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Wednesday, May 22, 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 5,714 5,714 4,153 3,411 Other Market Formula (Futures/Options) 10,877 10,877 10,656 10,383 Swine or Pork Market Formula 28,569 28,569 31,149 40,721 Other Purchase Arrangement 34,661 34,661 33,075 33,819 Negotiated Formula 748 748 814 1,147 Packer Sold (all purchase types) 10,000 10,000 11,802 2,554 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,455 Compared to Prior Day's closing weighted average (LM_HG207), 0.71 lower Base Price Rng $75.00 - $79.88, Wtd Avg $79.12, 5 Day Rolling Avg $79.80 -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 160 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,615 *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 78.00 85.31 79.50 86.99 80.50 88.67 81.50 90.34 82.00 92.58 0.5 75.00 85.31 78.00 86.99 80.50 88.67 81.00 90.34 82.00 92.58 0.6 75.00 83.71 78.00 85.39 79.50 87.07 80.50 88.75 81.50 90.98 0.7 75.00 82.12 75.00 83.79 78.00 85.47 80.50 87.15 81.00 89.39 0.8 74.00 80.52 75.00 82.20 78.00 83.87 79.50 85.55 81.00 87.79 0.9 74.00 78.92 75.00 80.60 75.00 82.28 78.00 83.95 80.50 86.19 1.0 72.00 77.32 74.00 79.00 75.00 80.68 78.00 82.36 79.50 84.59 1.1 71.00 75.33 74.00 77.00 75.00 78.68 75.00 80.36 79.50 82.60 1.2 71.00 73.00 72.00 74.61 74.00 76.29 75.00 77.96 78.00 80.20 1.4 62.55 67.50 64.22 73.00 65.90 73.00 67.58 74.00 69.82 77.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -20.00 -7.99 175# -1.50 0.00 205# -6.39 0.00 155# -11.82 0.00 185# 0.00 0.00 215# -6.39 0.00 165# -5.00 0.00 195# -1.60 0.00 225# -6.39 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 193.99 lb carcass, 0.64 inch back-fat, 6.72 square inch loin/2.24 inch loin depth, FFLI: 52.94% Price Range $80.50 - $88.75 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 28,816 Base Price Range $77.77 - $88.87, Weighted Average $83.71 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 299 Compared to Prior Day's closing weighted average (LM_HG207), no comparison Price Rng $59.00 - $65.25, Wtd Avg $63.97, 5 Day Rolling Avg $62.62 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 549 *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): 848 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 340 Illinois 20,697 Indiana 19,678 Kentucky 509 Michigan 8,398 Mississippi 252 North Carolina 11,193 New York 330 Ohio 16,324 Pennsylvania 3,460 South Carolina 540 Wisconsin 807 -------------------------------------------------------------------------------- *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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