LM_HG200
Des Moines, Iowa Fri, Mar 01, 2019 USDA Market News
NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, February 28, 2019
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 6,584 11,274 11,504
Other Market Formula (Futures/Options) 55,704 54,740 40,613
Swine or Pork Market Formula 141,767 145,087 132,324
Other Purchase Arrangement 72,036 66,672 72,560
Negotiated Formula 1,240 1,445 1,029
Packer Sold (all purchase types) 8,146 7,987 7,650
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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 4,896 54,718 135,021 68,204 165 263,004
Base Price 44.68 60.79 50.03 57.54 * 54.09
Packer Sold
Head Count 7,286
Base Price 48.61
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,616
Compared to Prior Day's closing weighted average (LM_HG200), 0.60 lower
Compared to the prior day, on a plant by plant basis, weighted average base
prices were 2.32 lower to 1.00 higher, the market trend is 1.25 lower to
unchanged. Slow market activity with light demand.
Base Price Rng $42.00 - $45.29, Wtd Avg $44.68, 5 Day Rolling Avg $45.50
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 165
*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): 5,781
*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 45.00 48.50 46.50 50.00 47.50 51.00 46.50 51.50 46.50 52.49
0.5 42.00 48.37 45.00 49.32 47.50 50.27 46.50 51.22 46.50 52.49
0.6 42.00 47.46 45.00 48.42 46.50 49.37 47.50 50.32 46.50 51.59
0.7 42.00 46.56 42.00 47.51 45.00 48.50 47.50 49.50 46.50 50.68
0.8 41.00 45.65 42.00 46.60 45.00 47.55 46.50 48.51 48.00 50.00
0.9 41.00 44.75 42.00 45.70 42.00 46.65 45.00 47.60 47.50 49.50
1.0 39.00 43.84 41.00 44.79 42.00 45.74 45.00 47.00 46.50 48.50
1.1 38.00 42.71 41.00 43.66 42.00 44.61 42.00 45.56 46.00 48.50
1.2 36.50 41.35 39.00 42.30 41.00 43.50 42.00 44.50 45.00 47.00
1.4 31.50 36.50 36.41 40.00 37.36 41.00 38.32 43.50 39.58 44.50
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -4.53 175# -4.00 1.00 205# -3.62 3.00
155# -30.00 0.00 185# -1.00 1.50 215# -3.62 3.00
165# -15.00 0.00 195# -0.91 3.00 225# -3.62 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 201.00 lb carcass, 0.63 inch back-fat,
7.17 square inch loin/2.39 inch loin depth, FFLI: 53.31%
Price Range $47.50 - $50.32
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 139,276
Base Price Range $42.48 - $60.40, Weighted Average $49.98
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,235
Compared to Prior Day's closing weighted average (LM_HG200), 2.45 lower
Price Rng $28.50 - $38.00, Wtd Avg $34.24, 5 Day Rolling Avg $36.21
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,412
*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): 2,647
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 1,359 Delaware 62
Georgia 160 Iowa 104,871
Illinois 26,392 Indiana 19,379
Kansas 2,837 Kentucky 1,811
Maryland 167 Michigan 8,416
Minnesota 48,696 Missouri 4,598
Montana 438 North Carolina 13,955
North Dakota 380 Nebraska 13,380
New York 340 Ohio 18,515
Oklahoma 3,301 Pennsylvania 3,526
South Carolina 720 South Dakota 5,643
Tennessee 2,258 Wisconsin 5,063
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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
.