USDA AM Daily Direct Hogs
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10/17 10:45 AM
USDA AM Daily Direct Hogs 10/17 10:45 LM_HG202 Des Moines, Iowa Thu, Oct 17, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, October 17, 2019 (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 5,567 3,501 5,225 4,166 Other Market Formula (Futures/Options) 40,151 39,911 41,739 17,643 Swine or Pork Market Formula 97,366 87,656 88,180 91,133 Other Purchase Arrangement 76,880 67,207 58,507 60,127 Negotiated Formula 140 140 0 1,206 Packer Sold (all purchase types) 16,709 16,709 14,592 7,038 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,100 Compared to Prior Day's closing weighted average (LM_HG200), 1.03 lower Base Price Rng $54.00 - $60.00, Wtd Avg $57.65, 5 Day Rolling Avg $57.55 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,100 *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 57.00 63.00 58.50 64.50 59.50 64.50 60.50 66.00 61.00 66.35 0.5 54.00 61.50 57.00 63.00 59.50 63.55 60.00 64.75 61.00 66.35 0.6 54.00 61.50 57.00 61.50 58.50 63.00 59.50 63.60 60.50 65.21 0.7 54.00 60.00 54.00 60.06 57.00 61.50 59.50 62.46 60.00 64.06 0.8 53.00 59.00 54.00 60.00 57.00 60.11 58.00 61.31 59.50 62.92 0.9 53.00 57.00 54.00 59.00 54.00 59.00 57.00 60.17 58.00 61.77 1.0 51.00 57.00 53.00 57.00 54.00 57.82 57.00 59.02 58.00 60.63 1.1 50.00 55.00 53.00 55.19 54.00 57.00 54.00 57.59 57.00 60.50 1.2 50.00 53.00 51.00 53.47 53.00 55.00 53.00 56.00 55.00 59.00 1.4 44.83 48.50 46.03 52.00 47.23 53.00 48.43 55.00 50.04 56.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -27.75 -5.73 175# -3.00 0.00 205# -4.58 0.00 155# -27.75 0.00 185# -0.25 0.00 215# -4.58 0.00 165# -15.00 0.00 195# -1.15 0.00 225# -4.58 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.66 lb carcass, 0.69 inch back-fat, 7.11 square inch loin/2.37 inch loin depth, FFLI: 52.31% Price Range $59.50 - $62.46 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 96,876 Base Price Range $53.59 - $77.22, Weighted Average $65.08 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 338 Compared to Prior Day's closing weighted average (LM_HG200), 0.32 higher Price Rng $38.75 - $48.50, Wtd Avg $45.29, 5 Day Rolling Avg $42.82 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 140 *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): 478 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 190 Iowa 84,891 Illinois 18,615 Indiana 13,825 Kansas 2,937 Kentucky 880 Michigan 6,020 Minnesota 37,693 Missouri 2,795 North Carolina 15,316 Nebraska 11,708 New York 110 Ohio 8,280 Oklahoma 3,465 Pennsylvania 2,709 South Carolina 720 South Dakota 4,810 Wisconsin 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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