USDA Prior Day Purchased Swine
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4/03 10:36 AM
USDA Prior Day Purchased Swine 04/03 10:12 LM_HG200 Des Moines, Iowa Fri, Apr 03, 2020 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, April 2, 2020 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 9,100 15,972 6,507 Other Market Formula (Futures/Options) 27,659 29,137 57,897 Swine or Pork Market Formula 121,168 119,987 124,629 Other Purchase Arrangement 62,631 64,702 64,030 Negotiated Formula 840 846 1,196 Packer Sold (all purchase types) 18,871 19,940 9,569 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 7,856 27,659 119,629 59,920 840 215,904 Base Price 44.58 51.64 55.26 60.13 59.90 55.78 Packer Sold Head Count 18,534 Base Price 54.88 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,856 Compared to the prior day, on a plant by plant basis, weighted average base prices were 8.14 lower to 5.00 higher, market trend not well established. Slow market activity with light demand. Compared to Prior Day's closing weighted average (LM_HG200), 3.79 lower Base Price Rng $40.00 - $50.50, Wtd Avg $44.58, 5 Day Rolling Avg $52.62 -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,350 Compared to Prior Day's closing weighted average (LM_HG200), no comparison Base Price Rng $47.61 - $64.96, Wtd Avg $55.26, 5 Day Rolling Avg $58.75 -------------------------------------------------------------------------------- - COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 9,206 Compared to Prior Day's closing weighted average (LM_HG200), no comparison Base Price Rng $40.00 - $64.96, Wtd Avg $46.15, 5 Day Rolling Avg $53.81 -------------------------------------------------------------------------------- - 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 51.42 46.50 52.44 47.50 53.45 46.00 54.46 46.00 55.81 0.5 44.00 51.42 45.50 52.44 47.50 53.45 46.00 54.46 46.00 55.81 0.6 44.00 50.46 45.00 51.47 46.50 52.48 47.50 53.49 46.00 54.84 0.7 44.00 49.50 44.00 50.51 45.50 51.52 47.50 52.53 46.00 53.88 0.8 43.00 48.54 44.00 49.55 45.00 50.56 46.50 51.57 47.50 52.92 0.9 43.00 47.57 43.50 48.58 44.00 49.59 45.50 50.61 47.50 51.95 1.0 41.00 46.61 43.00 47.62 44.00 48.63 45.00 49.64 46.50 50.99 1.1 39.00 45.41 41.00 46.42 43.50 47.43 44.00 48.44 45.50 50.50 1.2 36.00 43.96 39.00 44.97 43.00 45.98 44.00 46.99 45.00 49.00 1.4 31.00 38.50 36.00 42.00 39.00 43.00 40.73 45.00 42.08 46.00 -------------------------------------------------------------------------------- - CARCASS WEIGHT DIFFERENTIALS 145# -35.00 -4.82 175# -4.30 1.00 205# -3.85 3.00 155# -30.00 0.00 185# -1.50 1.50 215# -3.85 3.00 165# -15.00 0.00 195# -0.96 3.00 225# -3.85 1.00 -------------------------------------------------------------------------------- - MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.20 lb carcass, 0.70 inch back-fat, 7.36 square inch loin/2.45 inch loin depth, FFLI: 52.30% Price Range $47.50 - $52.53 -------------------------------------------------------------------------------- - SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 135,043 Base Price Range $43.62 - $66.00, Weighted Average $55.42 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 773 Compared to Prior Day's closing weighted average (LM_HG200), 2.84 lower Base Price Rng $32.25 - $44.50, Wtd Avg $39.20, 5 Day Rolling Avg $43.94 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 773 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 382 Iowa 94,914 Illinois 15,827 Indiana 13,540 Kansas 3,524 Kentucky 1,417 Michigan 9,519 Minnesota 46,677 Missouri 3,130 North Carolina 13,548 North Dakota 395 Nebraska 13,853 Ohio 13,058 Oklahoma 2,819 Pennsylvania 3,264 South Carolina 360 South Dakota 3,547 Wisconsin 995 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. ** Futures/Options 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 0800C .
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