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9/21 2:50 PM
USDA PM Daily Direct Hogs 09/21 14:50 LM_HG203 Des Moines, Iowa Fri, Sep 21, 2018 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, September 21, 2018 (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 10,330 10,330 7,786 7,947 Other Market Formula (Futures/Options) 53,623 53,623 36,800 35,428 Swine or Pork Market Formula 133,032 133,032 114,507 157,091 Other Purchase Arrangement 95,784 95,784 109,158 71,631 Negotiated Formula 2,183 2,183 1,987 2,244 Packer Sold (all purchase types) 6,684 6,684 8,864 14,164 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,365 Compared to Prior Day's closing weighted average (LM_HG200), 1.00 higher Base Price Rng $52.00 - $62.00, Wtd Avg $59.37, 5 Day Rolling Avg $55.83 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 430 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,795 *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 55.00 61.85 56.50 63.06 57.50 64.28 58.50 65.50 59.00 67.12 0.5 52.00 61.85 55.00 63.06 57.50 64.28 58.00 65.50 59.00 67.12 0.6 52.00 60.69 55.00 61.91 56.50 63.12 57.50 64.34 58.50 65.96 0.7 52.00 59.53 52.00 60.75 55.00 61.96 57.50 63.50 58.00 64.80 0.8 51.00 58.37 52.00 59.59 55.00 61.00 56.50 62.50 58.00 64.00 0.9 51.00 57.22 52.00 58.43 52.00 59.65 55.00 61.00 56.50 63.50 1.0 49.00 56.06 51.00 57.27 52.00 58.49 55.00 61.00 56.50 62.50 1.1 48.00 54.61 51.00 57.00 52.00 58.00 52.00 58.50 55.50 62.50 1.2 48.00 54.00 49.00 55.00 51.00 57.00 51.50 58.00 53.50 61.00 1.4 43.50 50.50 46.50 54.00 46.50 55.00 48.99 57.00 49.50 58.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.79 175# -4.00 1.00 205# -4.63 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -4.63 3.00 165# -15.00 0.00 195# -1.16 3.00 225# -4.63 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 199.56 lb carcass, 0.66 inch back-fat, 7.11 square inch loin/2.37 inch loin depth, FFLI: 52.82% Price Range $57.50 - $63.50 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 130,638 Base Price Range $49.02 - $73.60, Weighted Average $59.36 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,697 Compared to Prior Day's closing weighted average (LM_HG200), 1.55 higher Price Rng $32.50 - $46.00, Wtd Avg $43.92, 5 Day Rolling Avg $41.73 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,764 *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): 3,461 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 508 Canada 389 Georgia 173 Iowa 123,144 Illinois 19,149 Indiana 22,818 Kansas 2,764 Kentucky 1,755 Michigan 8,978 Minnesota 57,575 Missouri 3,260 Mississippi 173 Montana 395 North Carolina 13,234 North Dakota 208 Nebraska 16,623 Ohio 16,153 Oklahoma 2,534 Pennsylvania 5,341 South Dakota 7,204 Tennessee 1,545 Wisconsin 1,340 -------------------------------------------------------------------------------- *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 .
