LM_HG203 Des Moines, Iowa Thu, Jan 23, 2020 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, January 23, 2020 (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 9,249 9,249 11,979 11,895 Other Market Formula (Futures/Options) 38,185 38,185 37,885 34,321 Swine or Pork Market Formula 114,303 114,303 108,906 133,944 Other Purchase Arrangement 88,073 88,073 86,188 65,844 Negotiated Formula 839 839 326 1,769 Packer Sold (all purchase types) 18,400 18,400 17,688 7,747 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,600 Compared to Prior Day's closing weighted average (LM_HG200), 0.15 higher Base Price Rng $47.00 - $54.50, Wtd Avg $52.07, 5 Day Rolling Avg $51.74 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 839 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,439 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- 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 50.00 55.70 51.50 56.79 52.50 57.89 53.50 58.98 54.00 60.44 0.5 47.00 55.70 50.00 56.79 52.50 57.89 53.00 58.98 54.00 60.44 0.6 47.00 54.65 50.00 55.75 51.50 56.84 52.50 57.94 53.50 59.40 0.7 47.00 53.61 47.00 54.71 50.00 55.80 52.50 57.00 53.00 58.36 0.8 46.00 53.00 47.00 53.66 50.00 54.76 51.50 56.00 53.00 57.31 0.9 46.00 52.50 47.00 53.00 47.00 54.00 50.00 55.00 52.50 57.00 1.0 44.00 50.50 46.00 52.50 47.00 53.50 50.00 54.50 51.50 56.00 1.1 43.00 49.18 46.00 50.50 47.00 53.00 47.00 54.00 51.50 55.00 1.2 43.00 47.61 44.00 48.71 46.00 52.50 47.00 53.50 50.00 54.50 1.4 39.50 42.50 41.93 46.00 43.02 48.50 44.12 52.50 45.58 53.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.22 175# -4.00 1.00 205# -4.17 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -4.17 3.00 165# -15.00 0.00 195# -1.04 3.00 225# -4.17 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 207.30 lb carcass, 0.65 inch back-fat, 7.11 square inch loin/2.37 inch loin depth, FFLI: 52.90% Price Range $52.50 - $57.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 122,006 Base Price Range $50.46 - $78.24, Weighted Average $60.21 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,020 Compared to Prior Day's closing weighted average (LM_HG200), 0.22 lower Base Price Rng $32.25 - $42.10, Wtd Avg $39.58, 5 Day Rolling Avg $40.20 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,020 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 1 Canada 325 Georgia 56 Iowa 90,099 Illinois 23,917 Indiana 15,881 Kansas 3,237 Kentucky 1,809 Michigan 8,385 Minnesota 44,064 Missouri 5,615 North Carolina 16,771 North Dakota 170 Nebraska 23,708 New York 77 Ohio 17,472 Oklahoma 3,612 Pennsylvania 4,906 South Carolina 900 South Dakota 7,234 Tennessee 200 Wisconsin 610 -------------------------------------------------------------------------------- *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 .