LM_HG200
Des Moines, Iowa Tue, Mar 19, 2019 USDA Market News
NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, March 18, 2019
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 7,226 6,120 9,986
Other Market Formula (Futures/Options) 166,645 72,350 33,138
Swine or Pork Market Formula 131,936 113,943 134,245
Other Purchase Arrangement 156,375 174,725 86,040
Negotiated Formula 1,761 968 2,786
Packer Sold (all purchase types) 15,134 14,591 8,919
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NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/
MARKET OR PORK PURCHASE FORMULA WTD AVG
FORMULA MARKET ARRGMENT
(FUT/OPT)** FORMULA
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 6,673 165,264 126,101 152,516 510 451,064
Base Price 56.53 74.97 57.44 66.01 * 66.68
Packer Sold
Head Count 14,830
Base Price 57.55
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 7,663
Compared to the prior day, on a plant by plant basis, weighted average base
prices were 1.99 to 4.92 higher, trading occurred throughout the full range.
Slow market activity with moderate demand.
Compared to Prior Day's closing weighted average (LM_HG200), 2.34 higher
Base Price Rng $53.00 - $58.50, Wtd Avg $56.26, 5 Day Rolling Avg $52.12
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 510
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)
Barrows & Gilts (carcass basis): 8,173
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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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 56.00 61.00 57.50 62.50 58.50 62.50 59.50 64.00 60.00 64.00
0.5 53.00 59.50 56.00 61.00 58.50 61.50 59.00 62.50 60.00 63.08
0.6 53.00 59.50 56.00 59.50 57.50 61.00 58.50 61.50 59.50 62.50
0.7 53.00 58.00 53.00 58.50 56.00 59.50 58.50 61.50 59.00 61.00
0.8 52.00 57.50 53.00 58.00 56.00 59.00 57.50 60.50 59.00 61.50
0.9 52.00 57.00 53.00 57.50 53.00 58.50 56.00 59.50 57.50 61.50
1.0 50.00 55.00 52.00 57.00 53.00 58.00 56.00 59.00 57.50 60.50
1.1 49.00 53.00 52.00 55.00 53.00 57.50 53.00 58.50 56.28 59.50
1.2 49.00 51.00 50.00 53.00 51.98 57.00 52.50 58.00 54.50 59.00
1.4 42.62 45.50 43.76 50.00 44.90 53.00 46.05 57.00 47.57 58.00
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -5.44 175# -4.00 1.00 205# -4.35 3.00
155# -30.00 0.00 185# -1.00 1.50 215# -4.35 3.00
165# -15.00 0.00 195# -1.09 3.00 225# -4.35 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 201.10 lb carcass, 0.64 inch back-fat,
7.11 square inch loin/2.37 inch loin depth, FFLI: 53.11%
Price Range $58.50 - $61.50
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 136,974
Base Price Range $46.03 - $71.52, Weighted Average $57.44
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 312
Compared to Prior Day's closing weighted average (LM_HG200), 1.23 higher
Price Rng $38.74 - $44.25, Wtd Avg $42.46, 5 Day Rolling Avg $40.04
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,555
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,867
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Georgia 170 Iowa 213,945
Illinois 36,078 Indiana 64,601
Kansas 5,622 Kentucky 405
Michigan 8,566 Minnesota 58,829
Missouri 4,468 Montana 731
North Carolina 14,865 North Dakota 355
Nebraska 15,405 Ohio 36,918
Oklahoma 1,688 Pennsylvania 4,322
South Carolina 540 South Dakota 7,049
Wisconsin 4,520
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*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.
** Futures/Options
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
0800C
.