LM_HG203
Des Moines, Iowa Wed, Feb 06, 2019 USDA Market News
NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, February 6, 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 7,980 7,980 3,696 8,884
Other Market Formula (Futures/Options) 35,441 35,441 22,881 32,373
Swine or Pork Market Formula 148,247 148,247 87,624 139,231
Other Purchase Arrangement 73,208 73,208 43,006 72,954
Negotiated Formula 1,639 1,639 0 1,481
Packer Sold (all purchase types) 7,780 7,780 2,778 11,253
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 7,094
Compared to Prior Day's closing weighted average (LM_HG200), 0.43 lower
Base Price Rng $45.00 - $50.60, Wtd Avg $49.77, 5 Day Rolling Avg $50.40
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 160
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 7,254
*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 48.00 54.04 49.50 55.10 50.50 56.17 51.50 57.23 52.00 58.65
0.5 45.00 54.04 48.00 55.10 50.50 56.17 51.00 57.23 52.00 58.65
0.6 45.00 53.03 48.00 54.09 49.50 55.15 50.50 56.22 51.50 57.63
0.7 45.00 52.02 45.00 53.08 48.00 54.14 50.50 55.20 51.00 56.62
0.8 44.00 51.00 45.00 52.07 48.00 53.13 49.50 54.19 51.00 55.61
0.9 44.00 49.99 45.00 51.06 45.00 52.12 48.00 53.18 50.50 54.60
1.0 42.00 48.98 44.00 50.04 45.00 51.11 48.00 52.17 49.50 53.59
1.1 41.00 47.72 44.00 48.78 45.00 49.84 45.00 50.90 49.50 53.50
1.2 41.00 46.20 42.00 47.26 44.00 48.32 45.00 49.39 48.00 52.00
1.4 37.00 41.50 40.68 45.00 41.75 46.00 42.81 48.00 44.22 49.00
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -5.06 175# -1.50 1.00 205# -4.05 3.00
155# -30.00 0.00 185# 0.00 2.00 215# -4.05 3.00
165# -15.00 0.00 195# -1.01 3.00 225# -4.05 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 201.29 lb carcass, 0.63 inch back-fat,
7.30 square inch loin/2.43 inch loin depth, FFLI: 53.38%
Price Range $50.50 - $56.22
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 144,469
Base Price Range $47.84 - $63.08, Weighted Average $54.70
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 581
Compared to Prior Day's closing weighted average (LM_HG200), 1.80 lower
Price Rng $36.85 - $42.00, Wtd Avg $38.85, 5 Day Rolling Avg $39.93
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,642
*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): 2,223
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Arkansas 106 Canada 1,600
Iowa 99,592 Illinois 21,294
Indiana 19,418 Kansas 2,873
Kentucky 1,538 Michigan 9,187
Minnesota 46,513 Missouri 3,506
Montana 575 North Carolina 15,640
North Dakota 360 Nebraska 16,695
New York 345 Ohio 17,949
Oklahoma 2,548 Pennsylvania 4,502
South Dakota 7,278 Tennessee 1,754
Utah 130 Wisconsin 892
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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
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