LM_HG202 Des Moines, Iowa Fri, Nov 15, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, November 15, 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 5,582 3,937 5,352 3,825 Other Market Formula (Futures/Options) 30,511 29,444 50,214 76,165 Swine or Pork Market Formula 107,424 99,147 87,003 103,146 Other Purchase Arrangement 95,281 86,202 48,221 70,433 Negotiated Formula 700 0 164 866 Packer Sold (all purchase types) 14,206 14,206 15,166 7,077 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,111 Compared to Prior Day's closing weighted average (LM_HG200), 0.63 higher Base Price Rng $40.00 - $44.00, Wtd Avg $42.82, 5 Day Rolling Avg $42.63 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,111 *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 43.00 47.00 44.50 48.50 45.50 49.50 44.00 50.50 44.00 51.00 0.5 40.00 46.49 43.00 47.49 45.50 49.50 44.00 50.00 44.00 51.00 0.6 40.00 45.49 43.00 47.00 44.50 48.50 45.50 49.50 44.00 50.50 0.7 40.00 44.49 40.00 45.49 43.00 47.00 45.50 49.50 44.00 50.00 0.8 39.00 43.74 40.00 44.49 43.00 47.00 44.50 48.50 45.50 50.00 0.9 39.00 43.00 40.00 44.00 40.00 44.49 43.00 47.00 45.50 49.50 1.0 37.00 41.71 39.00 43.00 40.00 44.00 43.00 47.00 44.50 48.50 1.1 36.00 40.63 39.00 43.00 40.00 44.00 40.00 44.00 43.50 48.50 1.2 34.00 40.00 37.00 41.00 39.00 43.00 40.00 44.00 43.00 47.00 1.4 29.00 36.50 34.00 40.00 35.55 41.00 36.45 43.00 37.66 44.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -4.31 175# -4.00 1.00 205# -3.45 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -3.45 3.00 165# -15.00 0.00 195# -0.86 3.00 225# -3.45 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 208.87 lb carcass, 0.59 inch back-fat, 7.57 square inch loin/2.52 inch loin depth, FFLI: 54.06% Price Range $45.50 - $49.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 106,421 Base Price Range $40.24 - $82.54, Weighted Average $58.71 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 590 Compared to Prior Day's closing weighted average (LM_HG200), 0.58 lower Base Price Rng $28.50 - $37.00, Wtd Avg $33.31, 5 Day Rolling Avg $35.91 -------------------------------------------------------------------------------- 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): 590 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 538 Iowa 102,099 Illinois 17,402 Indiana 8,641 Kansas 3,859 Kentucky 843 Michigan 4,711 Minnesota 43,073 Missouri 3,368 Montana 215 North Carolina 14,394 North Dakota 360 Nebraska 12,295 Ohio 9,472 Oklahoma 2,817 Pennsylvania 2,405 South Carolina 1,080 South Dakota 3,399 Tennessee 966 Wisconsin 674 Wyoming 160 -------------------------------------------------------------------------------- *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 .