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11/14 2:55 PM
USDA PM Daily Direct Hogs 11/14 14:55 LM_HG203 Des Moines, Iowa Wed, Nov 14, 2018 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, November 14, 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 9,260 9,260 8,535 13,230 Other Market Formula (Futures/Options) 44,047 44,047 36,335 32,083 Swine or Pork Market Formula 132,135 132,135 131,211 145,859 Other Purchase Arrangement 103,900 103,900 83,660 71,783 Negotiated Formula 973 973 992 2,259 Packer Sold (all purchase types) 11,517 11,517 10,858 13,569 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,805 Compared to Prior Day's closing weighted average (LM_HG200), 0.18 lower Base Price Rng $46.00 - $52.44, Wtd Avg $51.37, 5 Day Rolling Avg $52.61 -------------------------------------------------------------------------------- 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): 7,805 *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 49.00 56.01 50.50 57.11 51.50 58.21 52.50 59.31 53.00 60.78 0.5 46.00 56.01 49.00 57.11 51.50 58.21 52.00 59.31 53.00 60.78 0.6 46.00 54.96 49.00 56.06 50.50 57.16 51.50 58.26 52.50 59.73 0.7 46.00 53.91 46.00 55.01 49.00 56.11 51.00 57.21 52.00 58.68 0.8 45.00 52.86 46.00 53.96 49.00 55.06 49.50 56.16 51.00 57.63 0.9 45.00 51.81 46.00 52.91 46.00 54.01 49.00 55.11 49.50 56.58 1.0 43.00 50.76 45.00 51.86 46.00 52.96 48.50 54.07 49.50 55.53 1.1 42.00 49.45 44.50 50.55 46.00 51.65 46.00 52.75 48.50 54.50 1.2 42.00 47.88 42.50 48.98 44.50 50.08 44.50 51.18 46.50 53.00 1.4 36.50 42.50 39.50 46.00 39.50 47.00 42.50 49.00 42.50 50.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -5.24 175# -3.00 1.00 205# -4.20 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -4.20 3.00 165# -15.00 0.00 195# -1.05 3.00 225# -4.20 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.24 lb carcass, 0.65 inch back-fat, 7.36 square inch loin/2.45 inch loin depth, FFLI: 53.09% Price Range $51.00 - $57.21 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 131,310 Base Price Range $48.15 - $66.36, Weighted Average $56.80 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,358 Compared to Prior Day's closing weighted average (LM_HG200), 0.37 lower Price Rng $37.00 - $44.00, Wtd Avg $40.55, 5 Day Rolling Avg $42.22 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 973 *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): 2,331 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 319 Canada 266 Delaware 54 Georgia 197 Iowa 126,171 Illinois 22,735 Indiana 21,639 Kansas 2,038 Kentucky 2,630 Michigan 8,604 Minnesota 45,565 Missouri 4,316 Mississippi 402 Montana 631 North Carolina 15,438 North Dakota 370 Nebraska 16,494 New York 326 Ohio 16,218 Oklahoma 2,513 Pennsylvania 4,607 South Carolina 170 South Dakota 7,950 Tennessee 1,572 Wisconsin 607 -------------------------------------------------------------------------------- *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 .
