LM_HG207 Des Moines, Iowa Tue, Dec 03, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Monday, December 2, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 6,718 3,158 4,285 Other Market Formula (Futures/Options) 8,615 8,818 11,145 Swine or Pork Market Formula 32,975 30,616 39,566 Other Purchase Arrangement 36,930 36,017 44,111 Negotiated Formula 597 165 1,693 Packer Sold (all purchase types) 8,409 9,993 485 -------------------------------------------------------------------------------- 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 6,027 7,635 27,227 35,931 69 76,889 Base Price 43.61 59.95 55.29 68.09 * 60.77 Packer Sold Head Count 8,409 Base Price * -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): Compared to Prior Day's closing weighted average (LM_HG207), 0.87 higher Wtd Avg $43.62, 5 Day Rolling Avg $43.01 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- ---------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- ---------------------------------------------------------------------------------- EASTERN CORNBELT 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 46.87 44.50 47.80 45.50 48.72 46.50 49.64 47.00 50.87 0.5 40.00 46.87 43.00 47.80 45.50 48.72 46.00 49.64 47.00 50.87 0.6 40.00 46.00 43.00 46.92 44.50 47.84 45.50 48.76 46.50 49.99 0.7 40.00 45.12 40.00 46.04 43.00 46.96 45.50 47.88 46.00 49.11 0.8 39.00 44.24 40.00 45.16 43.00 46.08 44.50 47.01 46.00 48.24 0.9 39.00 43.36 40.00 44.29 40.00 45.21 43.00 46.13 45.50 47.36 1.0 37.00 42.49 39.00 43.41 40.00 44.33 43.00 45.25 44.50 46.48 1.1 36.00 41.39 39.00 42.31 40.00 43.23 40.00 44.15 44.25 45.38 1.2 36.00 40.07 37.00 40.99 39.00 41.92 40.00 42.84 43.00 44.07 1.4 31.00 34.37 35.29 37.00 36.21 37.00 37.00 39.00 38.36 41.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -4.39 175# -1.50 1.00 205# -3.51 3.00 155# -30.00 0.00 185# 0.00 1.50 215# -3.51 3.00 165# -15.00 0.00 195# -0.88 3.00 225# -3.51 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.50 lb carcass, 0.56 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 54.41% Price Range $45.50 - $48.76 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 35,246 Base Price Range $42.79 - $82.36, Weighted Average $53.67 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): Compared to Prior Day's closing weighted average (LM_HG207), no comparison Wtd Avg $35.22, 5 Day Rolling Avg $34.99 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *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): *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 18 Illinois 21,291 Indiana 23,907 Kentucky 1,080 Maryland 164 Michigan 9,878 North Carolina 16,963 New York 170 Ohio 14,810 Pennsylvania 4,418 South Carolina 540 Wisconsin 845 West Virginia 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. ** 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 0800C www.ams.usda.gov/market-news/livestock-poultry-grain .