LM_HG207 Des Moines, Iowa Mon, Dec 02, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Friday, November 29, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 5,719 3,670 3,501 Other Market Formula (Futures/Options) 27,035 20,074 28,459 Swine or Pork Market Formula 52,309 54,303 50,357 Other Purchase Arrangement 42,701 42,277 38,392 Negotiated Formula 2,034 3,175 1,387 Packer Sold (all purchase types) 10,434 9,959 1,120 -------------------------------------------------------------------------------- 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 4,970 25,906 45,032 41,154 850 117,912 Base Price 42.49 60.95 54.90 65.77 * 59.10 Packer Sold Head Count 10,434 Base Price -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): Compared to Prior Day's closing weighted average (LM_HG207), no comparison Wtd Avg $42.75, 5 Day Rolling Avg $42.66 -------------------------------------------------------------------------------- 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 46.00 46.62 47.50 47.80 47.50 48.80 49.00 49.37 49.00 50.59 0.5 44.50 46.62 46.00 47.53 46.00 48.45 47.50 49.37 47.50 50.59 0.6 44.50 45.75 44.50 46.66 46.00 47.58 46.00 48.50 47.50 49.72 0.7 43.00 44.87 43.00 45.79 44.50 46.71 44.50 47.62 46.00 48.84 0.8 42.00 44.00 43.00 44.92 43.00 45.83 43.00 46.75 44.50 47.97 0.9 40.00 43.13 42.00 44.04 42.00 44.96 43.00 45.88 43.00 47.10 1.0 39.50 42.25 40.00 43.17 40.00 44.09 42.00 45.00 43.00 46.23 1.1 37.00 41.16 38.00 42.08 40.00 43.00 40.00 43.91 42.00 45.13 1.2 36.00 39.85 36.00 40.77 38.00 41.69 38.00 42.60 40.00 43.82 1.4 30.00 34.18 33.00 37.30 33.00 37.30 36.00 37.30 36.00 41.30 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -4.37 175# -3.00 1.00 205# -3.49 3.00 155# -30.00 0.00 185# 0.00 1.50 215# -3.49 3.00 165# -15.00 0.00 195# -0.87 3.00 225# -3.49 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.20 lb carcass, 0.58 inch back-fat, 7.05 square inch loin/2.35 inch loin depth, FFLI: 54.02% Price Range $46.00 - $48.50 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 54,076 Base Price Range $42.73 - $77.76, Weighted Average $53.93 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* 5 Day Rolling Avg $34.90 -------------------------------------------------------------------------------- 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 165 Illinois 37,476 Indiana 35,759 Kentucky 4,049 Michigan 8,973 Mississippi 250 North Carolina 19,398 Ohio 23,084 Pennsylvania 4,967 South Carolina 360 Tennessee 5,259 Wisconsin 492 -------------------------------------------------------------------------------- *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 .