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10/18 2:50 PM
USDA PM Daily Direct Hogs 10/18 14:50 LM_HG203 Des Moines, Iowa Fri, Oct 18, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, October 18, 2019 (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 5,462 5,462 6,519 12,079 Other Market Formula (Futures/Options) 84,697 84,697 54,520 30,781 Swine or Pork Market Formula 123,085 123,085 125,579 146,909 Other Purchase Arrangement 95,373 95,373 77,985 94,021 Negotiated Formula 370 370 330 1,816 Packer Sold (all purchase types) 20,127 20,127 19,439 7,703 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,938 Compared to Prior Day's closing weighted average (LM_HG200), 0.94 lower Base Price Rng $51.00 - $60.99, Wtd Avg $56.86, 5 Day Rolling Avg $58.46 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 370 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,308 *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 54.00 64.99 55.50 66.49 56.50 67.49 57.50 67.99 58.00 67.99 0.5 51.00 64.49 54.00 65.49 56.50 66.49 57.00 67.49 58.00 67.99 0.6 51.00 63.49 54.00 64.49 55.50 65.49 56.50 66.49 57.50 67.49 0.7 51.00 62.49 51.00 63.49 54.00 64.99 56.50 65.49 57.00 66.99 0.8 50.00 61.74 51.00 62.49 54.00 63.49 55.50 64.99 57.00 66.49 0.9 50.00 59.99 51.00 61.74 51.00 62.49 54.00 63.99 56.50 64.99 1.0 48.00 58.49 50.00 59.99 51.00 61.74 54.00 62.49 55.50 63.99 1.1 47.00 55.99 50.00 58.49 51.00 59.99 51.00 61.74 55.50 63.24 1.2 47.00 55.99 48.00 55.99 50.00 58.49 51.00 59.99 54.00 62.49 1.4 43.50 49.99 46.03 55.99 47.23 55.99 48.43 55.99 50.04 59.99 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -5.73 175# -1.75 1.00 205# -4.58 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -4.58 3.00 165# -15.00 0.00 195# -1.15 3.00 225# -4.58 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.78 lb carcass, 0.70 inch back-fat, 7.08 square inch loin/2.36 inch loin depth, FFLI: 52.14% Price Range $56.50 - $65.49 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 130,318 Base Price Range $56.59 - $75.78, Weighted Average $63.95 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 784 Compared to Prior Day's closing weighted average (LM_HG200), 2.02 lower Price Rng $37.00 - $47.50, Wtd Avg $42.88, 5 Day Rolling Avg $44.34 -------------------------------------------------------------------------------- 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): 784 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 827 Georgia 160 Iowa 101,188 Illinois 20,855 Indiana 21,978 Kansas 2,252 Kentucky 1,378 Michigan 7,745 Minnesota 46,707 Missouri 3,547 Montana 216 North Carolina 14,039 North Dakota 375 Nebraska 20,272 Ohio 18,913 Oklahoma 3,563 Pennsylvania 3,780 South Carolina 360 South Dakota 12,459 Tennessee 47,500 Wisconsin 1,000 -------------------------------------------------------------------------------- *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 .
