USDA AM Daily Direct Hogs
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10/16 10:45 AM
USDA AM Daily Direct Hogs 10/16 10:45 LM_HG202 Des Moines, Iowa Wed, Oct 16, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 16, 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 10,606 8,454 5,312 7,245 Other Market Formula (Futures/Options) 53,073 50,730 43,507 24,251 Swine or Pork Market Formula 90,211 82,126 89,813 98,415 Other Purchase Arrangement 73,822 63,395 71,056 62,454 Negotiated Formula 500 330 163 978 Packer Sold (all purchase types) 14,412 14,412 16,392 7,823 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,572 Compared to Prior Day's closing weighted average (LM_HG200), 1.17 lower Base Price Rng $54.00 - $61.00, Wtd Avg $58.05, 5 Day Rolling Avg $57.16 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 330 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,902 *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 57.00 62.00 58.50 63.00 59.50 64.00 60.50 64.75 61.00 66.35 0.5 54.00 61.50 57.00 62.35 59.50 64.00 60.00 64.75 61.00 66.35 0.6 54.00 61.00 57.00 61.50 58.50 63.00 59.50 64.00 60.50 65.21 0.7 54.00 60.50 54.00 61.00 57.00 62.00 59.50 64.00 60.00 64.06 0.8 53.00 60.00 54.00 60.50 57.00 61.50 58.50 63.00 60.00 64.00 0.9 53.00 59.50 54.00 60.00 54.00 61.00 57.00 62.00 59.50 64.00 1.0 51.00 57.50 53.00 59.50 54.00 60.50 57.00 61.50 58.50 63.00 1.1 50.00 55.50 53.00 57.50 54.00 60.00 54.00 61.00 58.25 62.00 1.2 50.00 52.50 51.00 55.50 53.00 59.50 54.00 60.50 57.00 61.50 1.4 44.83 48.75 46.03 52.50 47.23 55.50 48.43 59.50 50.04 60.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.73 175# -4.00 1.00 205# -4.58 3.00 155# -30.00 0.00 185# -1.00 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: 204.18 lb carcass, 0.70 inch back-fat, 7.08 square inch loin/2.36 inch loin depth, FFLI: 52.14% Price Range $59.50 - $64.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 89,335 Base Price Range $53.59 - $77.56, Weighted Average $65.15 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 551 Compared to Prior Day's closing weighted average (LM_HG200), 0.63 lower Price Rng $41.78 - $48.00, Wtd Avg $44.36, 5 Day Rolling Avg $42.20 -------------------------------------------------------------------------------- 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): 551 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 1,062 Iowa 74,709 Illinois 19,333 Indiana 14,698 Kansas 2,712 Kentucky 724 Maryland 160 Michigan 6,226 Minnesota 34,849 Missouri 2,984 Mississippi 393 Montana 447 North Carolina 14,602 North Dakota 175 Nebraska 10,555 New York 335 Ohio 24,610 Oklahoma 3,153 Pennsylvania 1,711 South Carolina 1,080 South Dakota 4,078 Wisconsin 851 -------------------------------------------------------------------------------- *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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