LM_HG202 Des Moines, Iowa Tue, Jan 28, 2020 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, January 28, 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 11,249 8,858 6,267 4,325 Other Market Formula (Futures/Options) 27,607 25,841 15,144 18,271 Swine or Pork Market Formula 93,340 87,410 75,082 98,584 Other Purchase Arrangement 74,201 66,946 56,652 51,439 Negotiated Formula 699 339 659 1,452 Packer Sold (all purchase types) 22,015 22,015 18,974 6,251 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,460 Compared to Prior Day's closing weighted average (LM_HG200), 0.27 lower Base Price Rng $49.00 - $56.50, Wtd Avg $53.62, 5 Day Rolling Avg $52.70 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 339 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,799 *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 52.00 59.50 53.50 61.00 54.50 61.00 55.50 62.50 56.00 62.50 0.5 49.00 58.00 52.00 59.50 54.50 60.00 55.00 61.00 56.00 62.49 0.6 49.00 58.00 52.00 58.00 53.50 59.50 54.50 60.00 55.50 61.41 0.7 49.00 56.50 49.00 57.00 52.00 58.00 54.50 60.00 55.00 60.34 0.8 48.00 56.00 49.00 56.50 52.00 57.50 53.50 59.00 55.00 60.00 0.9 48.00 55.50 49.00 56.00 49.00 57.00 52.00 58.00 54.50 60.00 1.0 46.00 53.50 48.00 55.50 49.00 56.50 52.00 57.50 53.50 59.00 1.1 45.00 51.50 48.00 53.50 49.00 56.00 49.00 57.00 53.50 58.00 1.2 45.00 49.50 46.00 51.50 48.00 55.50 49.00 56.50 52.00 57.50 1.4 41.50 43.50 43.35 48.50 44.48 51.50 45.62 55.50 47.13 56.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.39 175# -4.00 0.00 205# -4.31 0.00 155# -27.75 0.00 185# -1.00 0.00 215# -4.31 0.00 165# -15.00 0.00 195# -1.08 0.00 225# -4.31 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 210.00 lb carcass, 0.65 inch back-fat, 7.30 square inch loin/2.43 inch loin depth, FFLI: 52.98% Price Range $54.50 - $60.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 98,677 Base Price Range $50.97 - $76.76, Weighted Average $62.28 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 263 Compared to Prior Day's closing weighted average (LM_HG200), 0.42 higher Base Price Rng $39.00 - $42.60, Wtd Avg $41.64, 5 Day Rolling Avg $40.57 -------------------------------------------------------------------------------- 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): 263 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 1,235 Iowa 83,962 Illinois 14,272 Indiana 10,158 Kansas 2,544 Kentucky 839 Maryland 101 Michigan 4,516 Minnesota 40,408 Missouri 4,262 Montana 427 North Carolina 16,690 Nebraska 11,061 Ohio 7,676 Oklahoma 1,668 Pennsylvania 2,376 South Carolina 180 South Dakota 6,983 Tennessee 976 Wisconsin 900 -------------------------------------------------------------------------------- *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 .