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2/25 5:05 PM
USDA PM Daily Direct Hogs 02/25 17:05 LM_HG203 Des Moines, Iowa Tue, Feb 25, 2020 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, February 25, 2020 (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 17,734 17,734 12,330 15,989 Other Market Formula (Futures/Options) 32,967 32,967 22,704 196,834 Swine or Pork Market Formula 122,324 122,324 116,945 144,102 Other Purchase Arrangement 82,685 82,685 89,259 73,537 Negotiated Formula 990 990 499 1,076 Packer Sold (all purchase types) 21,507 21,507 21,098 10,122 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 18,026 Compared to Prior Day's closing weighted average (LM_HG200), 0.89 higher Base Price Rng $45.00 - $51.00, Wtd Avg $49.60, 5 Day Rolling Avg $49.55 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 990 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 19,016 *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 48.00 53.88 49.50 54.94 50.50 56.00 51.00 57.06 51.00 58.47 0.5 45.00 53.88 48.00 54.94 50.50 56.00 51.00 57.06 51.00 58.47 0.6 45.00 52.87 48.00 53.93 49.50 54.99 50.50 56.05 51.00 57.46 0.7 45.00 51.86 45.00 52.92 48.00 53.98 50.00 55.04 51.00 56.45 0.8 44.00 50.85 45.00 51.91 48.00 52.97 48.50 54.03 50.00 55.44 0.9 44.00 49.84 45.00 50.90 45.00 51.96 48.00 53.02 48.50 54.44 1.0 42.00 48.84 44.00 49.90 45.00 50.95 47.50 52.01 48.50 53.43 1.1 41.00 47.57 43.50 48.63 45.00 49.69 45.00 50.75 47.50 52.17 1.2 41.00 46.06 41.50 47.12 43.50 48.18 43.50 49.24 45.50 50.65 1.4 35.50 39.50 38.50 44.01 38.50 44.01 41.50 48.00 41.50 49.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.05 175# -4.00 1.00 205# -4.04 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -4.04 3.00 165# -15.00 0.00 195# -1.01 3.00 225# -4.04 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.29 lb carcass, 0.63 inch back-fat, 7.33 square inch loin/2.44 inch loin depth, FFLI: 53.34% Price Range $50.50 - $56.05 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 132,289 Base Price Range $47.77 - $63.01, Weighted Average $54.20 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 794 Compared to Prior Day's closing weighted average (LM_HG200), 0.24 lower Base Price Rng $36.04 - $42.50, Wtd Avg $39.27, 5 Day Rolling Avg $38.99 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 794 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 223 Iowa 111,081 Illinois 18,694 Indiana 15,397 Kansas 2,804 Kentucky 2,260 Michigan 8,955 Minnesota 48,477 Missouri 3,857 Montana 428 North Carolina 16,502 North Dakota 200 Nebraska 12,784 Ohio 16,087 Oklahoma 1,668 Pennsylvania 4,958 South Carolina 360 South Dakota 12,125 Tennessee 191 Wisconsin 836 Wyoming 320 -------------------------------------------------------------------------------- *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 .
