LM_HG203
Des Moines, Iowa                Thu, Feb 07, 2019               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, February 7, 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                                8,496      8,496     12,883      6,504
Other Market Formula (Futures/Options)   40,221     40,221     37,664     25,306
Swine or Pork Market Formula            147,308    147,308    123,984    132,033
Other Purchase Arrangement               67,098     67,098     66,083     76,511
Negotiated Formula                        1,680      1,680        165      1,312
Packer Sold (all purchase types)          8,086      8,086      6,544     10,546
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 5,102

Compared to Prior Day's closing weighted average (LM_HG200),  0.23 lower

Base Price Rng $45.00 - $50.25, Wtd Avg $49.52, 5 Day Rolling Avg $50.11
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0                     5 Day Rolling Avg $--
--------------------------------------------------------------------------------
        COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 5,102

*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   48.00  53.33   49.50  54.75   50.50  55.75   51.50  56.75   52.00  57.87
0.5   45.00  53.33   48.00  54.37   50.50  55.75   51.00  56.47   52.00  57.87
0.6   45.00  52.33   48.00  53.38   49.50  54.75   50.50  55.75   51.50  56.87
0.7   45.00  51.33   45.00  52.38   48.00  53.43   50.50  55.75   51.00  56.25
0.8   44.00  50.33   45.00  51.38   48.00  53.25   49.00  54.75   50.50  56.25
0.9   44.00  49.33   45.00  50.38   45.00  51.43   48.00  53.25   49.00  55.75
1.0   42.00  48.33   44.00  49.38   45.00  50.43   48.00  53.25   49.00  54.75
1.1   41.00  47.08   44.00  49.25   45.00  50.25   45.00  50.25   48.00  54.75
1.2   41.00  46.25   42.00  47.25   44.00  49.25   44.00  50.25   46.00  53.25
1.4   36.00  42.75   39.00  46.25   39.00  47.25   42.00  49.25   42.00  50.25
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -4.99          175#   -3.00  1.00          205#   -3.99  3.00
    155#   -30.00  0.00          185#   -0.25  1.50          215#   -3.99  3.00
    165#   -15.00  0.00          195#   -1.00  3.00          225#   -3.99  1.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 200.90 lb carcass, 0.63 inch back-fat,
7.27 square inch loin/2.42 inch loin depth, FFLI: 53.37%

Price Range $50.50 - $55.75
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 146,198

Base Price Range $46.95 - $62.65, Weighted Average $54.52
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 3,840

Compared to Prior Day's closing weighted average (LM_HG200), 0.16 lower

Price Rng $35.77 - $41.00, Wtd Avg $39.14, 5 Day Rolling Avg $39.62
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,513

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 5,353

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Arkansas                294               Canada                 1,429
Colorado                160               Georgia                  180
Iowa                 99,323               Illinois              27,332
Indiana              21,730               Kansas                 1,760
Kentucky              1,688               Michigan               7,546
Minnesota            45,489               Missouri               3,112
North Carolina       16,513               Nebraska              11,965
New York                569               Ohio                  18,083
Oklahoma              2,553               Pennsylvania           4,149
South Dakota          6,611               Tennessee              1,776
Wisconsin               627
--------------------------------------------------------------------------------
*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



.