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USDA ECB Daily Direct Hogs (PM) |
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2/19 3:10 PM
USDA ECB Daily Direct Hogs (PM) 02/19 15:10 LM_HG210 Des Moines, Iowa Tue, Feb 19, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Tuesday, February 19, 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 5,247 5,247 4,405 14,705 Other Market Formula (Futures/Options) 7,264 7,264 11,242 6,010 Swine or Pork Market Formula 43,224 43,224 42,210 35,164 Other Purchase Arrangement 32,887 32,887 32,305 32,231 Negotiated Formula 1,479 1,479 1,200 1,030 Packer Sold (all purchase types) 3,012 3,012 3,313 2,336 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,850 Compared to Prior Day's closing weighted average (LM_HG207), no comparision Base Price Rng $47.00 - $48.52, Wtd Avg $48.32, 5 Day Rolling Avg $48.47 -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 165 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,015 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - EASTERN CORNBELT 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 50.00 51.82 51.50 52.84 52.50 53.86 53.50 54.88 54.00 56.23 0.5 47.00 51.82 50.00 52.84 51.25 53.86 52.75 54.88 52.75 56.23 0.6 47.00 50.85 49.75 51.87 51.25 52.89 51.25 53.91 52.75 55.26 0.7 47.00 49.88 47.00 50.90 49.75 51.92 49.75 52.94 51.25 54.29 0.8 46.00 48.91 47.00 49.93 48.25 50.95 48.25 51.96 49.75 53.32 0.9 45.25 47.94 47.00 48.96 47.00 49.98 48.25 50.99 48.25 52.50 1.0 44.00 46.97 45.25 47.99 45.25 49.01 47.25 50.02 48.25 51.50 1.1 43.00 45.75 43.25 46.77 45.25 47.79 45.25 48.81 47.25 51.50 1.2 41.25 44.30 41.25 45.32 43.25 46.34 43.25 47.36 45.25 50.00 1.4 35.25 39.50 38.25 43.00 38.25 44.00 41.05 46.00 41.25 47.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -4.85 175# -3.00 1.00 205# -3.88 3.00 155# -30.00 0.00 185# 0.00 1.50 215# -3.88 3.00 165# -15.00 0.00 195# -0.97 3.00 225# -3.88 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 184.76 lb carcass, 0.57 inch back-fat, 6.66 square inch loin/2.22 inch loin depth, FFLI: 54.18% Price Range $51.25 - $53.91 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 34,731 Base Price Range $47.82 - $60.40, Weighted Average $52.37 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,229 Compared to Prior Day's closing weighted average (LM_HG207), no comparision Price Rng $35.00 - $39.50, Wtd Avg $36.85, 5 Day Rolling Avg $38.63 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 260 *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): 1,489 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 170 Illinois 16,781 Indiana 18,492 Kentucky 724 Maryland 340 Michigan 10,462 North Carolina 15,296 Ohio 13,619 Pennsylvania 3,874 South Carolina 360 Wisconsin 764 -------------------------------------------------------------------------------- *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
