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USDA ECB Daily Direct Hogs (PM) |
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7/18 3:05 PM
USDA ECB Daily Direct Hogs (PM) 07/18 15:05 LM_HG210 Des Moines, Iowa Thu, Jul 18, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, July 18, 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 4,765 4,765 4,259 4,831 Other Market Formula (Futures/Options) 14,541 14,541 18,178 7,517 Swine or Pork Market Formula 31,829 31,829 31,879 34,144 Other Purchase Arrangement 33,075 33,075 35,989 35,697 Negotiated Formula 0 0 325 1,780 Packer Sold (all purchase types) 12,659 12,659 9,921 1,950 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,872 Compared to Prior Day's closing weighted average (LM_HG207), 1.02 higher Base Price Rng $68.00 - $68.73, Wtd Avg $68.59, 5 Day Rolling Avg $68.60 -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,872 *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 71.00 73.40 72.50 74.85 72.50 76.29 74.00 77.73 74.00 79.66 0.5 69.50 73.40 71.00 74.85 71.00 76.29 72.50 77.73 72.50 79.66 0.6 69.50 72.03 69.50 73.47 71.00 74.92 71.00 76.36 72.50 78.28 0.7 68.00 70.65 68.00 72.10 69.50 73.54 69.50 74.98 71.00 76.91 0.8 67.00 69.28 68.00 70.72 68.00 72.17 68.00 73.61 69.50 75.53 0.9 65.00 67.91 67.00 69.35 67.00 70.79 68.00 72.24 68.00 74.16 1.0 65.00 66.53 65.00 67.97 65.00 69.42 67.00 70.86 68.00 72.79 1.1 63.00 64.81 63.00 66.26 65.00 67.70 65.00 69.25 67.00 71.07 1.2 61.00 63.50 61.00 64.19 63.00 66.00 63.00 67.50 65.00 70.00 1.4 53.82 57.50 55.26 63.50 56.70 63.50 58.15 63.50 60.07 67.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -20.00 -6.87 175# -3.00 0.00 205# -5.50 0.00 155# -11.00 0.00 185# 0.00 0.00 215# -5.50 0.00 165# -5.00 0.00 195# -1.37 0.00 225# -5.50 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 192.79 lb carcass, 0.59 inch back-fat, 6.84 square inch loin/2.28 inch loin depth, FFLI: 53.84% Price Range $71.00 - $76.36 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 30,886 Base Price Range $65.54 - $76.05, Weighted Average $72.25 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 313 *Price not reported due to confidentiality* 5 Day Rolling Avg $53.40 -------------------------------------------------------------------------------- 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): 313 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 18,032 Indiana 19,368 Kentucky 1,512 Maryland 340 Michigan 7,259 North Carolina 14,704 New York 170 Ohio 15,483 Pennsylvania 4,677 South Carolina 360 Wisconsin 3,417 West Virginia 340 -------------------------------------------------------------------------------- *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
