USDA PM Daily Direct Hogs
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11/08 2:45 PM
USDA PM Daily Direct Hogs 11/08 14:45 LM_HG203 Des Moines, Iowa Fri, Nov 08, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, November 8, 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 7,085 7,085 6,237 10,233 Other Market Formula (Futures/Options) 54,148 54,148 33,312 30,722 Swine or Pork Market Formula 130,170 130,170 116,013 146,358 Other Purchase Arrangement 88,385 88,385 75,611 97,059 Negotiated Formula 699 699 330 1,781 Packer Sold (all purchase types) 18,109 18,109 18,018 10,403 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,244 Compared to Prior Day's closing weighted average (LM_HG200), 0.39 lower Base Price Rng $41.00 - $46.00, Wtd Avg $44.85, 5 Day Rolling Avg $45.95 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 370 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,614 *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 44.00 49.12 45.50 50.50 46.50 51.50 45.50 52.50 45.50 53.30 0.5 41.00 49.12 44.00 50.08 46.50 51.50 45.50 52.01 45.50 53.30 0.6 41.00 48.20 44.00 49.16 45.50 50.50 46.50 51.50 45.50 52.50 0.7 41.00 47.28 41.00 48.24 44.00 49.21 46.50 51.50 45.50 52.00 0.8 40.00 46.36 41.00 47.32 44.00 49.00 45.50 50.50 47.00 52.00 0.9 40.00 45.44 41.00 46.40 41.00 47.37 44.00 49.00 46.50 51.50 1.0 38.00 44.52 40.00 45.48 41.00 46.45 44.00 49.00 45.50 50.50 1.1 37.00 43.37 40.00 45.00 41.00 46.00 41.00 46.27 45.00 50.50 1.2 35.50 42.00 38.00 43.00 40.00 45.00 41.00 46.00 44.00 49.00 1.4 30.50 38.50 35.50 42.00 37.94 43.00 38.91 45.00 40.20 46.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -4.60 175# -4.00 1.00 205# -3.68 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -3.68 3.00 165# -15.00 0.00 195# -0.92 3.00 225# -3.68 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 207.89 lb carcass, 0.64 inch back-fat, 7.51 square inch loin/2.50 inch loin depth, FFLI: 53.28% Price Range $46.50 - $51.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 138,346 Base Price Range $41.99 - $76.44, Weighted Average $56.89 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,525 Compared to Prior Day's closing weighted average (LM_HG200), 0.04 lower Base Price Rng $33.50 - $46.00, Wtd Avg $36.69, 5 Day Rolling Avg $38.11 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 329 *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): 1,854 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 440 Delaware 42 Iowa 96,418 Illinois 42,504 Indiana 26,398 Kansas 3,702 Kentucky 1,232 Michigan 9,625 Minnesota 46,863 Missouri 3,773 Montana 216 North Carolina 13,845 Nebraska 14,286 Ohio 18,878 Oklahoma 3,450 Pennsylvania 4,757 South Carolina 900 South Dakota 10,631 Wisconsin 636 -------------------------------------------------------------------------------- *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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