LM_HG203 Des Moines, Iowa Tue, Jan 28, 2020 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, January 28, 2020 (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 16,977 16,977 10,387 9,876 Other Market Formula (Futures/Options) 30,940 30,940 20,415 24,419 Swine or Pork Market Formula 101,175 101,175 97,902 114,915 Other Purchase Arrangement 87,415 87,415 74,978 66,660 Negotiated Formula 943 943 1,024 1,617 Packer Sold (all purchase types) 22,176 22,176 19,359 6,474 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 17,889 Compared to Prior Day's closing weighted average (LM_HG200), 0.82 higher Base Price Rng $49.00 - $57.00, Wtd Avg $54.71, 5 Day Rolling Avg $53.25 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 789 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 18,678 *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 52.00 59.50 53.50 61.00 54.50 61.00 55.50 62.50 56.00 62.50 0.5 49.00 58.00 52.00 59.50 54.50 60.00 55.00 61.00 56.00 62.49 0.6 49.00 58.00 52.00 58.00 53.50 59.50 54.50 60.00 55.50 61.41 0.7 49.00 56.50 49.00 57.00 52.00 58.00 54.50 60.00 55.00 60.34 0.8 48.00 56.00 49.00 56.50 52.00 57.50 53.50 59.00 55.00 60.00 0.9 48.00 55.50 49.00 56.00 49.00 57.00 52.00 58.00 54.50 60.00 1.0 46.00 53.50 48.00 55.50 49.00 56.50 52.00 57.50 53.50 59.00 1.1 45.00 51.50 48.00 53.50 49.00 56.00 49.00 57.00 53.50 58.00 1.2 45.00 49.50 46.00 51.50 48.00 55.50 49.00 56.50 52.00 57.50 1.4 41.50 43.50 43.35 48.50 44.48 51.50 45.62 55.50 47.13 56.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.39 175# -4.00 1.00 205# -4.31 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -4.31 3.00 165# -15.00 0.00 195# -1.08 3.00 225# -4.31 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 210.00 lb carcass, 0.65 inch back-fat, 7.30 square inch loin/2.43 inch loin depth, FFLI: 52.98% Price Range $54.50 - $60.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 111,225 Base Price Range $50.97 - $76.76, Weighted Average $61.60 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 757 Compared to Prior Day's closing weighted average (LM_HG200), 1.15 higher Base Price Rng $37.73 - $46.00, Wtd Avg $42.37, 5 Day Rolling Avg $40.58 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 154 *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): 911 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 108 Canada 1,363 Iowa 96,920 Illinois 18,297 Indiana 16,281 Kansas 2,544 Kentucky 2,866 Maryland 101 Michigan 8,079 Minnesota 46,731 Missouri 4,485 Montana 427 North Carolina 16,690 Nebraska 12,481 Ohio 15,631 Oklahoma 1,713 Pennsylvania 4,176 South Carolina 180 South Dakota 7,520 Tennessee 1,970 Wisconsin 1,063 -------------------------------------------------------------------------------- *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 .