LM_HG203 Des Moines, Iowa Wed, Oct 23, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 23, 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 12,048 12,048 17,067 17,064 Other Market Formula (Futures/Options) 41,362 41,362 59,319 32,895 Swine or Pork Market Formula 112,590 112,590 105,758 133,360 Other Purchase Arrangement 95,390 95,390 85,681 81,077 Negotiated Formula 330 330 660 1,213 Packer Sold (all purchase types) 17,795 17,795 16,797 12,472 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 12,206 Compared to Prior Day's closing weighted average (LM_HG200), 0.61 lower Base Price Rng $51.00 - $57.00, Wtd Avg $55.24, 5 Day Rolling Avg $56.35 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 330 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 12,536 *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 54.00 59.82 55.50 60.99 56.50 62.17 56.50 63.35 56.50 64.92 0.5 51.00 59.82 54.00 60.99 56.50 62.17 56.50 63.35 56.50 64.92 0.6 51.00 58.70 54.00 59.87 55.50 61.05 56.50 62.23 56.50 63.80 0.7 51.00 57.58 51.00 58.75 54.00 59.93 56.50 61.11 56.50 62.68 0.8 50.00 56.46 51.00 57.63 54.00 58.81 55.50 59.99 57.00 61.56 0.9 50.00 55.34 51.00 56.51 51.00 57.69 54.00 58.87 56.50 60.43 1.0 48.00 54.22 50.00 55.39 51.00 56.57 54.00 57.75 55.50 59.31 1.1 47.00 52.82 50.00 53.99 51.00 55.50 51.00 56.50 55.50 58.50 1.2 46.50 51.14 48.00 52.31 50.00 55.00 51.00 56.00 54.00 57.00 1.4 41.50 46.50 45.03 50.00 46.21 51.00 47.38 55.00 48.95 56.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.60 175# -4.00 1.00 205# -4.48 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -4.48 3.00 165# -15.00 0.00 195# -1.12 3.00 225# -4.48 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 207.33 lb carcass, 0.70 inch back-fat, 7.14 square inch loin/2.38 inch loin depth, FFLI: 52.16% Price Range $56.50 - $61.11 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 117,372 Base Price Range $54.79 - $75.60, Weighted Average $63.28 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,409 Compared to Prior Day's closing weighted average (LM_HG200), 0.19 higher Base Price Rng $40.00 - $47.75, Wtd Avg $44.19, 5 Day Rolling Avg $44.44 -------------------------------------------------------------------------------- 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): 1,409 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 350 Georgia 165 Iowa 102,247 Illinois 21,459 Indiana 23,937 Kansas 2,870 Kentucky 1,050 Maryland 86 Michigan 11,580 Minnesota 52,891 Missouri 3,267 Montana 443 North Carolina 14,190 North Dakota 520 Nebraska 14,139 New York 168 Ohio 12,699 Oklahoma 2,994 Pennsylvania 5,149 South Dakota 7,232 Utah 77 Wisconsin 1,980 -------------------------------------------------------------------------------- *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 .