USDA PM Daily Direct Hogs
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4/03 3:31 PM
USDA PM Daily Direct Hogs 04/03 15:31 LM_HG203 Des Moines, Iowa Fri, Apr 03, 2020 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, April 3, 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 6,147 6,147 13,558 8,027 Other Market Formula (Futures/Options) 29,212 29,212 38,872 67,844 Swine or Pork Market Formula 142,609 142,609 143,793 125,078 Other Purchase Arrangement 74,853 74,853 69,826 68,221 Negotiated Formula 1,210 1,210 846 1,294 Packer Sold (all purchase types) 20,839 20,839 21,680 7,736 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,227 Compared to Prior Day's closing weighted average (LM_HG200), 1.70 lower Base Price Rng $40.00 - $45.00, Wtd Avg $42.88, 5 Day Rolling Avg $49.72 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,385 Compared to Prior Day's closing weighted average (LM_HG200), 0.82 lower Base Price Rng $44.58 - $64.96, Wtd Avg $54.44, 5 Day Rolling Avg $58.12 -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,612 Compared to Prior Day's closing weighted average (LM_HG200), 0.85 lower Base Price Rng $40.00 - $64.96, Wtd Avg $45.30, 5 Day Rolling Avg $52.60 -------------------------------------------------------------------------------- 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 45.00 47.14 46.50 48.50 47.50 49.50 46.00 50.50 46.00 51.16 0.5 42.00 47.14 45.00 48.07 47.50 49.50 46.00 50.00 46.00 51.16 0.6 42.00 46.26 45.00 47.19 46.50 48.50 47.50 49.50 46.00 50.50 0.7 42.00 45.38 42.00 46.30 45.00 47.23 47.50 49.50 46.00 50.00 0.8 41.00 44.50 42.00 45.42 45.00 47.00 46.50 48.50 47.50 50.00 0.9 41.00 44.00 42.00 44.54 42.00 45.50 45.00 47.00 47.50 49.50 1.0 39.00 42.73 41.00 44.00 42.00 45.00 45.00 47.00 46.50 48.50 1.1 38.00 41.62 41.00 43.00 42.00 44.50 42.00 45.50 45.50 48.50 1.2 36.00 40.30 39.00 41.23 41.00 44.00 42.00 45.00 44.32 47.00 1.4 31.00 36.50 35.49 40.00 36.42 41.00 37.34 44.00 38.58 45.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -35.00 -4.41 175# -4.30 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): 153,377 Base Price Range $42.83 - $66.00, Weighted Average $53.96 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,017 Compared to Prior Day's closing weighted average (LM_HG200), 1.87 lower Base Price Rng $32.25 - $46.00, Wtd Avg $37.33, 5 Day Rolling Avg $43.02 -------------------------------------------------------------------------------- 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): 1,352 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 696 Georgia 51 Iowa 113,491 Illinois 18,921 Indiana 17,160 Kansas 3,174 Kentucky 1,248 Michigan 9,793 Minnesota 43,488 Missouri 3,492 Montana 225 North Carolina 13,686 North Dakota 200 Nebraska 17,340 Ohio 18,025 Oklahoma 2,793 Pennsylvania 2,927 South Carolina 360 South Dakota 6,681 Wisconsin 959 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 1500C .
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