LM_HG210 Des Moines, Iowa Tue, Aug 20, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Tuesday, August 20, 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 5,469 5,469 3,800 5,356 Other Market Formula (Futures/Options) 6,217 6,217 7,042 32,862 Swine or Pork Market Formula 31,106 31,106 31,956 36,217 Other Purchase Arrangement 35,962 35,962 35,010 33,917 Negotiated Formula 191 191 315 596 Packer Sold (all purchase types) 12,159 12,159 9,947 2,551 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): Compared to Prior Day's closing weighted average (LM_HG207), no comparison Wtd Avg $67.46 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* --------------------------------------------------------------------------------- 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 69.50 73.01 71.00 74.51 72.00 75.51 73.00 76.01 73.50 77.29 0.5 66.50 72.51 69.50 73.51 72.00 74.51 72.50 75.51 73.50 77.29 0.6 66.50 71.51 69.50 72.51 71.00 73.51 72.00 74.51 73.00 75.96 0.7 66.50 70.51 66.50 71.51 69.50 73.01 72.00 73.51 72.50 75.01 0.8 65.50 69.76 66.50 70.51 69.50 71.51 71.00 73.01 72.50 74.51 0.9 65.50 68.01 66.50 69.76 66.50 70.51 69.50 72.01 71.96 73.01 1.0 63.50 66.51 65.50 68.01 66.50 69.76 68.76 70.51 70.62 72.01 1.1 62.50 64.01 64.29 66.51 65.69 68.01 66.50 69.76 68.96 71.26 1.2 60.89 64.01 62.29 64.01 63.69 66.51 65.09 68.01 66.96 70.51 1.4 52.22 59.00 53.62 64.01 55.02 64.01 56.42 65.50 58.29 68.01 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -25.00 -6.67 175# -1.50 0.00 205# -5.34 0.00 155# -11.82 0.00 185# 0.00 0.00 215# -5.34 0.00 165# -5.00 0.00 195# -1.33 0.00 225# -5.34 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 192.96 lb carcass, 0.61 inch back-fat, 6.90 square inch loin/2.30 inch loin depth, FFLI: 53.55% Price Range $72.00 - $74.51 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 32,393 Base Price Range $68.24 - $80.48, Weighted Average $74.76 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): Compared to Prior Day's closing weighted average (LM_HG207), 0.68 lower Wtd Avg $54.75 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 7 Illinois 20,236 Indiana 18,500 Kentucky 1,681 Maryland 40 Michigan 9,947 North Carolina 15,553 Ohio 13,987 Pennsylvania 4,543 South Carolina 180 Wisconsin 753 -------------------------------------------------------------------------------- *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 .