LM_HG203
Des Moines, Iowa Mon, Nov 26, 2018 USDA Market News
NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, November 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 7,541 7,541 10,748 9,635
Other Market Formula (Futures/Options) 59,855 59,855 108,486 36,444
Swine or Pork Market Formula 197,564 197,564 179,642 207,510
Other Purchase Arrangement 241,554 241,554 208,336 193,953
Negotiated Formula 1,940 1,940 527 2,581
Packer Sold (all purchase types) 18,387 18,387 13,201 17,304
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,294
Compared to Prior Day's closing weighted average (LM_HG200), 0.22 lower
Base Price Rng $45.00 - $51.41, Wtd Avg $50.19, 5 Day Rolling Avg $50.65
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 1,940
*Price not reported due to confidentiality* 5 Day Rolling Avg $53.22
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COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 8,234
*Price not reported due to confidentiality* 5 Day Rolling Avg $50.83
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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 54.91 49.50 55.99 50.50 57.07 51.50 58.14 52.00 59.58
0.5 45.00 54.91 48.00 55.99 50.50 57.07 51.00 58.14 52.00 59.58
0.6 45.00 53.88 48.00 54.96 49.50 56.04 50.50 57.12 51.50 58.56
0.7 45.00 52.85 45.00 53.93 48.00 55.01 50.50 56.09 51.00 57.53
0.8 44.00 51.82 45.00 52.90 48.00 53.98 49.50 55.06 51.00 56.50
0.9 44.00 50.79 45.00 51.87 45.00 52.95 48.00 54.03 50.50 55.47
1.0 42.00 49.76 44.00 50.84 45.00 51.92 48.00 53.00 49.50 54.44
1.1 41.00 48.48 44.00 49.56 45.00 50.64 45.00 51.72 49.50 53.16
1.2 41.00 46.94 42.00 48.02 44.00 49.10 45.00 50.18 48.00 51.62
1.4 37.50 40.50 41.00 44.49 42.00 45.00 43.49 47.00 44.93 48.49
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -5.14 175# -1.75 1.00 205# -4.11 3.00
155# -30.00 0.00 185# -0.25 1.50 215# -4.11 3.00
165# -15.00 0.00 195# -1.03 3.00 225# -4.11 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 197.88 lb carcass, 0.63 inch back-fat,
7.24 square inch loin/2.41 inch loin depth, FFLI: 53.38%
Price Range $50.50 - $57.12
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 195,412
Base Price Range $48.17 - $63.58, Weighted Average $55.42
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 987
Compared to Prior Day's closing weighted average (LM_HG200), 0.47 lower
Price Rng $38.00 - $41.00, Wtd Avg $39.69, 5 Day Rolling Avg $40.18
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 987
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Alabama 346 Georgia 500
Iowa 267,071 Illinois 37,888
Indiana 30,593 Kansas 4,294
Kentucky 3,647 Michigan 6,680
Minnesota 73,888 Missouri 5,081
Montana 821 North Carolina 23,753
North Dakota 200 Nebraska 24,787
Ohio 20,716 Oklahoma 5,968
Pennsylvania 3,774 South Dakota 12,920
Tennessee 3,089 Wisconsin 825
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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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