USDA PM Daily Direct Hogs
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1/23 2:45 PM
USDA PM Daily Direct Hogs 01/23 14:45 LM_HG203 Des Moines, Iowa Tue, Jan 23, 2018 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, January 23, 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 10,254 10,254 9,346 9,717 Other Market Formula (Futures/Options) 33,248 33,248 52,043 34,616 Swine or Pork Market Formula 127,995 127,995 137,605 142,442 Other Purchase Arrangement 85,482 85,482 73,559 57,037 Negotiated Formula 1,645 1,645 1,746 2,291 Packer Sold (all purchase types) 9,561 9,561 11,439 18,677 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,018 Compared to Prior Day's closing weighted average (LM_HG200), 0.25 lower Base Price Rng $62.00 - $70.50, Wtd Avg $69.41, 5 Day Rolling Avg $69.52 -------------------------------------------------------------------------------- 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): 8,018 *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 65.00 74.56 66.50 76.02 67.50 77.49 68.50 78.96 69.00 80.91 0.5 62.00 74.56 65.00 76.02 67.50 77.49 68.00 78.96 69.00 80.91 0.6 62.00 73.16 65.00 74.63 66.50 76.09 67.50 77.56 68.50 79.51 0.7 62.00 71.76 62.00 73.23 65.00 74.70 67.50 76.16 68.00 78.12 0.8 61.00 70.37 62.00 71.83 65.00 73.30 66.50 74.77 68.00 76.72 0.9 61.00 68.97 62.00 70.44 62.00 71.90 65.00 73.37 67.50 75.33 1.0 59.00 67.58 61.00 69.04 62.00 70.51 65.00 71.97 66.50 73.93 1.1 58.00 65.83 61.00 67.30 62.00 68.76 62.00 70.23 66.50 72.18 1.2 58.00 63.74 59.00 65.20 61.00 67.50 62.00 68.50 65.00 70.09 1.4 54.50 59.50 56.13 63.00 57.59 64.00 59.06 67.50 61.01 68.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -6.98 175# -4.00 2.25 205# -5.58 4.50 155# -30.00 0.00 185# -1.00 4.00 215# -5.58 4.25 165# -15.00 0.00 195# -1.40 4.50 225# -5.58 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.99 lb carcass, 0.68 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.49% Price Range $67.50 - $76.16 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 126,230 Base Price Range $67.53 - $76.54, Weighted Average $71.62 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,995 Compared to Prior Day's closing weighted average (LM_HG200), 1.17 higher Price Rng $49.00 - $58.00, Wtd Avg $54.29, 5 Day Rolling Avg $54.15 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,940 *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): 3,935 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 311 Georgia 665 Iowa 107,433 Illinois 19,874 Indiana 18,382 Kansas 3,785 Kentucky 2,371 Maryland 170 Michigan 11,130 Minnesota 45,967 Missouri 4,986 Mississippi 168 Montana 667 North Carolina 14,691 North Dakota 210 Nebraska 9,849 Ohio 12,607 Oklahoma 2,662 Pennsylvania 3,400 South Carolina 340 South Dakota 7,702 Wisconsin 645 West Virginia 170 -------------------------------------------------------------------------------- *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 .
 
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