USDA AM Daily Direct Hogs
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4/24 10:45 AM
USDA AM Daily Direct Hogs 04/24 10:45 LM_HG202 Des Moines, Iowa Tue, Apr 24, 2018 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 24, 2018 (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 7,070 4,402 6,540 6,795 Other Market Formula (Futures/Options) 22,370 20,246 21,929 15,704 Swine or Pork Market Formula 94,464 85,470 90,152 90,094 Other Purchase Arrangement 73,586 68,943 68,783 58,079 Negotiated Formula 1,417 1,417 1,022 1,689 Packer Sold (all purchase types) 8,746 8,746 9,363 10,460 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,640 Compared to Prior Day's closing weighted average (LM_HG200), 0.03 lower Base Price Rng $53.50 - $58.50, Wtd Avg $57.70, 5 Day Rolling Avg $56.23 -------------------------------------------------------------------------------- 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): 3,640 *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 56.50 61.59 58.00 62.80 59.00 64.01 59.00 65.22 59.00 66.84 0.5 53.50 61.59 56.50 62.80 59.00 64.01 59.00 65.22 59.00 66.84 0.6 53.50 60.44 56.50 61.65 58.00 62.86 59.00 64.07 59.00 65.69 0.7 53.50 59.28 53.50 60.50 56.50 61.71 57.50 62.92 59.00 64.53 0.8 52.50 58.13 53.50 59.34 56.00 60.55 56.00 61.76 57.50 63.38 0.9 52.50 56.98 53.50 58.19 53.50 59.40 56.00 60.61 56.00 62.23 1.0 50.50 55.82 52.50 57.04 53.00 58.25 55.00 59.46 56.00 61.07 1.1 49.50 54.38 51.00 55.59 53.00 56.81 53.00 58.02 55.00 59.63 1.2 49.00 52.65 49.00 53.86 51.00 56.00 51.00 57.00 53.00 58.00 1.4 43.00 47.50 46.00 51.00 46.00 52.00 48.79 56.00 49.00 57.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.77 175# -4.00 1.00 205# -4.61 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -4.61 3.00 165# -15.00 0.00 195# -1.15 3.00 225# -4.61 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.44 lb carcass, 0.63 inch back-fat, 7.30 square inch loin/2.43 inch loin depth, FFLI: 53.33% Price Range $59.00 - $64.07 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 86,899 Base Price Range $50.41 - $64.09, Weighted Average $59.78 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 528 Compared to Prior Day's closing weighted average (LM_HG200), 1.91 higher Price Rng $42.00 - $46.50, Wtd Avg $45.55, 5 Day Rolling Avg $42.67 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,417 *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): 1,945 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 443 Iowa 79,625 Illinois 15,356 Indiana 4,564 Kansas 2,296 Kentucky 1,423 Michigan 3,919 Minnesota 32,702 Missouri 3,398 Montana 227 North Carolina 13,224 North Dakota 215 Nebraska 10,333 Ohio 7,577 Oklahoma 2,228 Pennsylvania 2,529 South Carolina 710 South Dakota 6,028 Tennessee 1,791 Wisconsin 796 -------------------------------------------------------------------------------- *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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