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4/24 2:55 PM
USDA PM Daily Direct Hogs 04/24 14:55 LM_HG203 Des Moines, Iowa Tue, Apr 24, 2018 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 24, 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 8,199 8,199 9,593 12,071 Other Market Formula (Futures/Options) 32,352 32,352 37,184 28,136 Swine or Pork Market Formula 123,939 123,939 125,490 135,559 Other Purchase Arrangement 84,805 84,805 88,235 67,693 Negotiated Formula 1,417 1,417 1,057 1,689 Packer Sold (all purchase types) 11,170 11,170 12,645 13,824 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,226 Compared to Prior Day's closing weighted average (LM_HG200), 0.23 higher Base Price Rng $53.50 - $59.00, Wtd Avg $57.96, 5 Day Rolling Avg $56.37 -------------------------------------------------------------------------------- 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): 6,226 *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 56.50 61.59 58.00 62.80 59.00 64.01 59.00 65.22 59.00 66.84 0.5 53.50 61.59 56.50 62.80 59.00 64.01 59.00 65.22 59.00 66.84 0.6 53.50 60.44 56.50 61.65 58.00 62.86 59.00 64.07 59.00 65.69 0.7 53.50 59.28 53.50 60.50 56.50 61.71 57.50 62.92 59.00 64.53 0.8 52.50 58.13 53.50 59.34 56.00 60.55 56.00 61.76 57.50 63.38 0.9 52.50 56.98 53.50 58.19 53.50 59.40 56.00 60.61 56.00 62.23 1.0 50.50 55.82 52.50 57.04 53.00 58.25 55.00 59.46 56.00 61.07 1.1 49.50 54.38 51.00 55.59 53.00 56.81 53.00 58.02 55.00 59.63 1.2 49.00 52.65 49.00 53.86 51.00 56.00 51.00 57.00 53.00 58.00 1.4 43.00 47.50 46.00 51.00 46.00 52.00 48.79 56.00 49.00 57.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.77 175# -4.00 1.00 205# -4.61 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -4.61 3.00 165# -15.00 0.00 195# -1.15 3.00 225# -4.61 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.44 lb carcass, 0.63 inch back-fat, 7.30 square inch loin/2.43 inch loin depth, FFLI: 53.33% Price Range $59.00 - $64.07 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 125,574 Base Price Range $50.41 - $64.09, Weighted Average $58.79 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,079 Compared to Prior Day's closing weighted average (LM_HG200), 1.51 higher Price Rng $42.00 - $46.50, Wtd Avg $45.15, 5 Day Rolling Avg $42.80 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,417 *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): 2,496 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Alabama 168 Canada 443 Iowa 105,933 Illinois 19,658 Indiana 15,875 Kansas 2,296 Kentucky 2,775 Michigan 8,545 Minnesota 44,317 Missouri 3,563 Montana 227 North Carolina 13,393 North Dakota 215 Nebraska 11,754 Ohio 14,890 Oklahoma 2,228 Pennsylvania 4,189 South Carolina 710 South Dakota 6,518 Tennessee 3,072 Wisconsin 1,113 -------------------------------------------------------------------------------- *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 .
