LM_HG203
Des Moines, Iowa Wed, Dec 26, 2018 USDA Market News
NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, December 26, 2018
(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 8,542 8,542 6,411 13,014
Other Market Formula (Futures/Options) 40,829 40,829 31,637 41,472
Swine or Pork Market Formula 98,364 98,364 145,578 142,306
Other Purchase Arrangement 58,632 58,632 69,701 86,282
Negotiated Formula 1,287 1,287 1,872 1,052
Packer Sold (all purchase types) 7,933 7,933 8,302 11,781
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 7,952
Compared to Prior Day's closing weighted average (LM_HG200), 0.44 higher
Base Price Rng $40.00 - $45.00, Wtd Avg $44.53, 5 Day Rolling Avg $44.45
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 7,952
*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 43.00 47.77 44.50 48.71 45.50 49.65 46.50 50.59 47.00 51.84
0.5 40.00 47.77 43.00 48.71 45.50 49.65 46.00 50.59 47.00 51.84
0.6 40.00 46.88 43.00 47.82 44.50 48.76 45.50 49.70 46.50 50.95
0.7 40.00 45.98 40.00 46.92 43.00 47.86 45.00 48.80 46.00 50.05
0.8 39.00 45.09 40.00 46.03 43.00 46.97 43.50 47.91 45.00 49.16
0.9 39.00 44.19 40.00 45.13 40.00 46.07 43.00 47.01 43.50 48.26
1.0 37.00 43.30 39.00 44.24 40.00 45.18 42.50 46.12 43.50 47.37
1.1 36.00 42.18 38.50 43.12 40.00 44.06 40.00 45.00 42.50 46.25
1.2 36.00 40.84 36.50 41.78 38.50 42.72 38.50 43.66 40.50 44.91
1.4 30.50 35.02 33.50 36.00 33.50 37.00 36.50 39.00 36.50 40.00
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -4.47 175# -3.00 1.00 205# -3.58 3.00
155# -30.00 0.00 185# -0.25 1.50 215# -3.58 3.00
165# -15.00 0.00 195# -0.89 3.00 225# -3.58 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 200.95 lb carcass, 0.70 inch back-fat,
7.02 square inch loin/2.34 inch loin depth, FFLI: 52.12%
Price Range $45.00 - $48.80
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 97,926
Base Price Range $41.51 - $66.33, Weighted Average $49.66
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 329
Compared to Prior Day's closing weighted average (LM_HG200), 1.47 lower
Price Rng $32.70 - $37.00, Wtd Avg $34.22, 5 Day Rolling Avg $35.86
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,277
*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): 1,606
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Colorado 160 Georgia 360
Iowa 65,136 Illinois 14,649
Indiana 18,359 Kansas 1,731
Kentucky 1,474 Michigan 6,293
Minnesota 31,390 Missouri 2,270
Montana 863 North Carolina 30,526
Nebraska 18,469 Ohio 11,868
Oklahoma 300 Pennsylvania 3,413
South Carolina 360 South Dakota 6,212
Tennessee 1,594 Wisconsin 160
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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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