LM_HG210
Des Moines, Iowa Thu, Jan 24, 2019 USDA Market News
EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, January 24, 2019
(Includes information from 1:30 PM to 1:30 PM.)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 5,276 5,276 3,862 4,043
Other Market Formula (Futures/Options) 12,716 12,716 14,326 19,994
Swine or Pork Market Formula 38,375 38,375 41,902 37,305
Other Purchase Arrangement 36,366 36,366 36,443 35,926
Negotiated Formula 1,769 1,769 1,166 1,159
Packer Sold (all purchase types) 2,239 2,239 2,475 4,101
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,081
Compared to Prior Day's closing weighted average (LM_HG207), 0.16 lower
Base Price Rng $50.00 - $52.19, Wtd Avg $51.91, 5 Day Rolling Avg $51.91
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 325
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 4,406
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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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 53.00 55.74 54.50 56.83 55.50 57.93 54.00 59.03 54.00 60.49
0.5 50.00 55.74 53.00 56.83 55.00 57.93 54.00 59.03 54.00 60.49
0.6 50.00 54.70 53.00 55.79 54.50 56.89 55.00 57.98 54.00 59.44
0.7 50.00 53.65 50.00 54.75 53.00 55.84 53.50 56.94 54.00 58.40
0.8 49.00 52.61 50.00 53.70 52.00 54.80 52.00 55.90 53.50 57.36
0.9 49.00 51.56 50.00 52.66 50.00 53.76 52.00 54.85 52.00 56.31
1.0 47.00 50.52 49.00 51.62 49.00 52.71 51.00 53.81 52.00 55.27
1.1 46.00 49.22 47.00 50.31 49.00 51.50 49.00 52.50 51.00 54.50
1.2 44.00 47.65 45.00 48.75 47.00 51.00 47.00 52.00 49.00 53.00
1.4 39.00 42.50 41.96 46.00 42.00 47.00 44.15 51.00 45.00 52.00
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -5.22 175# -4.00 0.00 205# -4.18 0.00
155# -19.00 0.00 185# -1.00 0.00 215# -4.18 0.00
165# -9.00 0.00 195# -1.04 0.00 225# -4.18 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 179.88 lb carcass, 0.58 inch back-fat,
6.81 square inch loin/2.27 inch loin depth, FFLI: 54.20%
Price Range $55.00 - $57.98
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 33,192
Base Price Range $51.18 - $65.26, Weighted Average $57.15
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 569
*Price not reported due to confidentiality* 5 Day Rolling Avg $41.71
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 370
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 939
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Delaware 43 Illinois 23,466
Indiana 16,803 Kentucky 1,368
Maryland 110 Michigan 6,748
North Carolina 17,890 New York 172
Ohio 15,814 Pennsylvania 4,446
South Carolina 360 Tennessee 1,125
Wisconsin 2,155 West Virginia 340
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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.
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
1500C