USDA AM Daily Direct Hogs
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4/24 11:00 AM
USDA AM Daily Direct Hogs 04/24 11:00 LM_HG202 Des Moines, Iowa Wed, Apr 24, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, April 24, 2019 (Includes information from 1:30 PM to 9:30 AM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 7,885 7,162 3,568 4,431 Other Market Formula (Futures/Options) 116,322 111,670 37,125 22,451 Swine or Pork Market Formula 85,674 75,767 85,755 88,160 Other Purchase Arrangement 59,305 52,678 57,452 66,688 Negotiated Formula 548 548 567 1,707 Packer Sold (all purchase types) 16,207 16,207 16,414 6,877 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,220 Compared to Prior Day's closing weighted average (LM_HG200), unchanged Base Price Rng $73.00 - $83.00, Wtd Avg $80.57, 5 Day Rolling Avg $79.62 -------------------------------------------------------------------------------- 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): 7,220 *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 76.00 84.86 77.50 86.53 78.50 88.20 79.50 89.87 80.00 92.09 0.5 73.00 84.86 76.00 86.53 78.50 88.20 79.00 89.87 80.00 92.09 0.6 73.00 83.27 76.00 84.94 77.50 86.61 78.50 88.28 79.50 90.50 0.7 73.00 81.68 73.00 83.35 76.00 85.02 78.50 86.69 79.00 88.92 0.8 72.00 80.75 73.00 81.76 76.00 83.43 77.50 85.10 79.00 87.33 0.9 72.00 79.00 73.00 80.75 73.00 81.84 76.00 83.51 78.50 85.74 1.0 70.00 77.50 72.00 79.00 73.00 80.75 76.00 82.00 77.50 84.15 1.1 69.00 75.00 72.00 78.00 73.00 79.00 73.00 80.75 77.50 83.50 1.2 69.00 75.00 70.00 76.00 72.00 78.00 73.00 79.00 76.00 82.00 1.4 62.22 71.50 63.89 75.00 65.55 76.00 67.22 78.00 69.45 79.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.95 175# -1.75 1.00 205# -6.36 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -6.36 3.00 165# -15.00 0.00 195# -1.59 3.00 225# -6.36 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.20 lb carcass, 0.62 inch back-fat, 7.63 square inch loin/2.54 inch loin depth, FFLI: 53.68% Price Range $78.50 - $88.28 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 82,983 Base Price Range $77.04 - $86.46, Weighted Average $82.93 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 797 Compared to Prior Day's closing weighted average (LM_HG200), 0.44 lower Price Rng $55.93 - $64.00, Wtd Avg $61.91, 5 Day Rolling Avg $60.29 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 548 *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): 1,345 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 324 Georgia 180 Iowa 68,275 Illinois 15,184 Indiana 8,584 Kansas 1,998 Kentucky 330 Maryland 160 Michigan 6,706 Minnesota 34,941 Missouri 2,560 Mississippi 286 Montana 622 North Carolina 14,743 Nebraska 12,927 New York 167 Ohio 6,113 Oklahoma 2,209 Pennsylvania 1,306 South Carolina 180 South Dakota 2,976 Tennessee 82,300 Virginia 130 Wisconsin 831 -------------------------------------------------------------------------------- *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 1100C .
 
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