USDA AM Daily Direct Hogs
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4/03 11:25 AM
USDA AM Daily Direct Hogs 04/03 11:25 LM_HG202 Des Moines, Iowa Fri, Apr 03, 2020 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, April 3, 2020 (Includes information from 1:30 PM to 9:30 AM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 6,788 4,903 9,551 4,138 Other Market Formula (Futures/Options) 39,991 24,564 24,858 41,630 Swine or Pork Market Formula 109,718 99,501 95,324 95,221 Other Purchase Arrangement 56,501 49,221 52,625 42,453 Negotiated Formula 1,550 850 516 754 Packer Sold (all purchase types) 17,755 17,415 18,513 5,115 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,597 Compared to Prior Day's closing weighted average (LM_HG200), 1.75 lower Base Price Rng $40.00 - $45.00, Wtd Avg $42.83, 5 Day Rolling Avg $50.53 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,025 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,622 *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 45.50 47.14 46.50 48.50 47.50 49.50 46.00 50.50 46.00 51.16 0.5 44.00 47.14 45.50 48.07 47.50 49.50 46.00 50.00 46.00 51.16 0.6 44.00 46.26 45.00 47.19 46.50 48.50 47.50 49.50 46.00 50.50 0.7 44.00 45.38 44.00 46.30 45.50 47.23 47.50 49.50 46.00 50.00 0.8 43.00 44.49 44.00 45.42 45.00 47.00 46.50 48.50 47.50 50.00 0.9 43.00 43.61 43.50 44.54 44.00 45.46 45.50 47.00 47.50 49.50 1.0 41.00 42.73 43.00 43.65 44.00 44.58 45.00 47.00 46.50 48.50 1.1 39.00 41.62 41.00 43.00 43.48 44.00 44.00 44.50 45.50 48.50 1.2 36.00 40.30 39.00 41.23 42.15 43.00 43.08 44.00 44.32 47.00 1.4 31.00 36.50 35.49 40.00 36.42 41.00 37.34 43.00 38.58 44.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -35.00 -4.41 175# -4.00 1.00 205# -3.53 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -3.53 3.00 165# -15.00 0.00 195# -0.88 3.00 225# -3.53 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.18 lb carcass, 0.70 inch back-fat, 7.36 square inch loin/2.45 inch loin depth, FFLI: 52.30% Price Range $47.50 - $49.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 108,650 Base Price Range $43.62 - $66.00, Weighted Average $53.40 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 642 Compared to Prior Day's closing weighted average (LM_HG200), 2.04 lower Base Price Rng $32.25 - $46.00, Wtd Avg $37.16, 5 Day Rolling Avg $43.44 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 335 *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): 977 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 696 Iowa 78,464 Illinois 17,381 Indiana 7,267 Kansas 3,174 Kentucky 1,077 Michigan 6,546 Minnesota 36,960 Missouri 3,332 Montana 225 North Carolina 13,686 North Dakota 200 Nebraska 10,257 Ohio 8,592 Oklahoma 2,793 Pennsylvania 2,057 South Carolina 360 South Dakota 2,295 Wisconsin 820 Wyoming 160 -------------------------------------------------------------------------------- *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 1100C .
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