LM_HG203 Des Moines, Iowa Wed, Oct 16, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 16, 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 17,067 17,067 15,688 12,654 Other Market Formula (Futures/Options) 59,319 59,319 56,331 44,864 Swine or Pork Market Formula 105,758 105,758 114,968 135,525 Other Purchase Arrangement 85,681 85,681 101,662 85,816 Negotiated Formula 660 660 493 978 Packer Sold (all purchase types) 16,797 16,797 19,302 11,563 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 15,619 Compared to Prior Day's closing weighted average (LM_HG200), 0.40 lower Base Price Rng $51.00 - $62.00, Wtd Avg $58.82, 5 Day Rolling Avg $57.99 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 660 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 16,279 *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 62.50 55.50 64.00 56.50 65.00 57.50 65.50 58.00 66.35 0.5 51.00 62.00 54.00 63.00 56.50 64.00 57.00 65.00 58.00 66.35 0.6 51.00 61.00 54.00 62.00 55.50 63.00 56.50 64.00 57.50 65.21 0.7 51.00 60.50 51.00 61.00 54.00 62.50 56.50 64.00 57.00 64.50 0.8 50.00 60.00 51.00 60.50 54.00 61.50 55.50 63.00 57.00 64.00 0.9 50.00 59.50 51.00 60.00 51.00 61.00 54.00 62.00 56.50 64.00 1.0 48.00 57.50 50.00 59.50 51.00 60.50 54.00 61.50 55.50 63.00 1.1 47.00 55.50 50.00 57.50 51.00 60.00 51.00 61.00 55.50 62.00 1.2 47.00 53.50 48.00 55.50 50.00 59.50 51.00 60.50 54.00 61.50 1.4 43.50 48.75 46.03 53.50 47.23 55.50 48.43 59.50 50.04 60.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.73 175# -4.00 1.00 205# -4.58 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -4.58 3.00 165# -15.00 0.00 195# -1.15 3.00 225# -4.58 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.18 lb carcass, 0.70 inch back-fat, 7.08 square inch loin/2.36 inch loin depth, FFLI: 52.14% Price Range $56.50 - $64.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 110,439 Base Price Range $53.59 - $77.56, Weighted Average $64.23 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 969 Compared to Prior Day's closing weighted average (LM_HG200), 0.01 lower Price Rng $41.78 - $48.50, Wtd Avg $44.98, 5 Day Rolling Avg $42.85 -------------------------------------------------------------------------------- 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): 969 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 1,062 Georgia 165 Iowa 93,993 Illinois 26,106 Indiana 28,312 Kansas 2,887 Kentucky 724 Maryland 335 Michigan 11,061 Minnesota 40,362 Missouri 3,189 Mississippi 394 Montana 447 North Carolina 14,998 North Dakota 175 Nebraska 12,325 New York 335 Ohio 32,005 Oklahoma 3,339 Pennsylvania 3,589 South Carolina 1,080 South Dakota 7,548 Wisconsin 851 -------------------------------------------------------------------------------- *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 .