USDA PM Daily Direct Hogs
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2/28 5:08 PM
USDA PM Daily Direct Hogs 02/28 17:07 LM_HG203 Des Moines, Iowa Fri, Feb 28, 2020 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, February 28, 2020 (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 5,286 5,286 7,058 3,980 Other Market Formula (Futures/Options) 38,128 38,128 30,041 72,081 Swine or Pork Market Formula 128,862 128,862 132,702 152,935 Other Purchase Arrangement 77,162 77,162 78,712 88,982 Negotiated Formula 668 668 1,655 1,815 Packer Sold (all purchase types) 25,011 25,011 23,903 9,928 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,742 Compared to Prior Day's closing weighted average (LM_HG200), 0.25 higher Base Price Rng $45.00 - $52.00, Wtd Avg $50.59, 5 Day Rolling Avg $49.82 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 668 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,410 *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 48.00 54.60 49.50 55.84 50.50 56.84 51.00 57.82 51.00 59.25 0.5 45.00 54.60 48.00 55.67 50.50 56.74 51.00 57.82 51.00 59.25 0.6 45.00 53.57 48.00 54.65 49.50 55.72 50.50 56.79 51.00 58.23 0.7 45.00 52.55 45.00 53.62 48.00 54.70 50.50 55.77 51.00 57.20 0.8 44.00 51.53 45.00 52.60 48.00 53.68 49.50 54.75 51.00 56.18 0.9 44.00 50.51 45.00 51.58 45.00 52.65 48.00 53.73 50.50 55.16 1.0 42.00 49.48 44.00 50.56 45.00 51.63 48.00 52.70 49.50 54.14 1.1 41.00 48.21 44.00 49.28 45.00 50.35 45.00 51.43 49.50 52.86 1.2 41.00 46.67 42.00 47.75 44.00 48.82 45.00 49.89 48.00 51.84 1.4 36.00 40.03 41.00 45.34 42.00 45.34 43.25 48.00 44.68 49.34 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.11 175# -4.00 1.00 205# -4.09 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -4.09 3.00 165# -15.00 0.00 195# -1.02 3.00 225# -4.09 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.70 lb carcass, 0.63 inch back-fat, 7.24 square inch loin/2.41 inch loin depth, FFLI: 53.30% Price Range $50.50 - $56.79 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 141,670 Base Price Range $48.21 - $61.07, Weighted Average $53.85 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 439 Compared to Prior Day's closing weighted average (LM_HG200), 2.95 lower Base Price Rng $30.00 - $40.00, Wtd Avg $34.74, 5 Day Rolling Avg $38.23 -------------------------------------------------------------------------------- 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): 439 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 429 Iowa 101,344 Illinois 26,303 Indiana 16,653 Kansas 3,615 Kentucky 3,608 Michigan 7,555 Minnesota 46,261 Missouri 3,372 Montana 449 North Carolina 13,945 North Dakota 545 Nebraska 15,143 Ohio 16,393 Oklahoma 3,471 Pennsylvania 2,122 South Carolina 360 South Dakota 11,778 Tennessee 1,781 Wisconsin 500 -------------------------------------------------------------------------------- *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 .
 
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