LM_HG202 Des Moines, Iowa Fri, Feb 21, 2020 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, February 21, 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 5,414 3,534 6,310 6,134 Other Market Formula (Futures/Options) 23,589 22,139 38,650 26,571 Swine or Pork Market Formula 95,650 88,161 100,481 115,649 Other Purchase Arrangement 60,657 51,342 54,296 43,493 Negotiated Formula 1,035 335 670 1,039 Packer Sold (all purchase types) 19,898 19,558 18,884 5,140 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,447 Compared to Prior Day's closing weighted average (LM_HG200), 0.34 higher Base Price Rng $45.00 - $53.00, Wtd Avg $50.12, 5 Day Rolling Avg $49.90 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 171 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,618 *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 48.00 53.76 49.50 54.82 50.50 55.88 50.00 56.93 50.00 58.34 0.5 45.00 53.76 48.00 54.82 50.50 55.88 50.00 56.93 50.00 58.34 0.6 45.00 52.76 48.00 53.81 49.50 54.87 50.50 55.93 50.00 57.34 0.7 45.00 51.75 45.00 52.81 48.00 53.86 50.50 54.92 50.00 56.33 0.8 44.00 50.74 45.00 51.80 48.00 52.86 49.50 53.91 51.00 55.32 0.9 44.00 49.74 45.00 50.79 45.00 51.85 48.00 52.91 50.50 54.32 1.0 42.00 48.73 44.00 49.79 45.00 50.84 48.00 51.90 49.50 53.31 1.1 41.00 47.47 44.00 48.53 45.00 49.58 45.00 50.64 49.50 52.05 1.2 40.00 45.96 42.00 47.02 44.00 48.07 45.00 49.13 48.00 50.54 1.4 35.00 39.42 40.00 41.00 41.53 43.00 42.59 47.00 44.00 48.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.03 175# -4.00 0.00 205# -4.03 0.00 155# -27.75 0.00 185# -1.00 0.00 215# -4.03 0.00 165# -15.00 0.00 195# -1.01 0.00 225# -4.03 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.09 lb carcass, 0.61 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 53.57% Price Range $50.50 - $55.93 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 98,642 Base Price Range $47.79 - $61.15, Weighted Average $54.79 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 392 Compared to Prior Day's closing weighted average (LM_HG200), 0.01 higher Base Price Rng $36.85 - $40.40, Wtd Avg $39.27, 5 Day Rolling Avg $38.03 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 164 *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): 556 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Delaware 57 Georgia 180 Iowa 61,670 Illinois 15,467 Indiana 7,828 Kansas 3,069 Kentucky 1,439 Michigan 4,837 Minnesota 37,505 Missouri 3,615 North Carolina 14,877 North Dakota 525 Nebraska 11,415 Ohio 10,126 Oklahoma 3,473 Pennsylvania 2,944 South Dakota 3,697 Virginia 120 Wisconsin 2,225 -------------------------------------------------------------------------------- *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 .