USDA AM Daily Direct Hogs                          10/22 10:35
LM_HG202
Des Moines, IA                             Thu, Oct 22, 2020

NATIONAL DAILY DIRECT HOGS MORNING 
                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS
 
                                         Estimated    Actual    Actual    Actual
                                             Today     Today  Week Ago  Year Ago
Producer Sold
Negotiated                                   6,645     4,650                    
Other Market Formula                        57,594    55,920                    
Swine/Pork Market Formula                  112,900   106,682                    
Other Purchase Arrangement                  53,417    45,272                    
Negotiated Formula                           1,149       649                    
Pack. Sold (all purchase types)             18,053    17,212                    
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               NEGOTIATED (CARCASS BASIS)
 
Barrows & Gilts (carcass basis):      4,410
 
Base Price Rng $56.00  - $65.00 , Wtd Avg $59.80 , 5 Day Rolling Avg $60.31  
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               NEGOTIATED FORMULA (CARCASS BASIS)
 
Barrows & Gilts (carcass basis):        649
 
*Price not reported due to confidentiality* 
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               COMBINED NEGOTIATED/NEGOTIATED FORMULA (CARCASS BASIS)
 
Barrows & Gilts (carcass basis):      5,059
 
*Price not reported due to confidentiality* 
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               SWINE/PORK MARKET FORMULA (CARCASS BASIS)
 
Barrows & Gilts (carcass basis):    117,535
 
Base Price Rng $60.78  - $93.73 , Wtd Avg $78.61 
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                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     59.00  67.50   60.50  69.00   61.50  69.00   62.50  70.50   63.00  70.50
0.5     56.00  66.00   59.00  67.50   61.50  67.50   62.00  69.00   63.00  69.00
0.6     56.00  66.00   59.00  66.00   60.50  67.50   61.50  67.50   62.50  69.00
0.7     56.00  64.50   56.00  64.50   59.00  66.00   61.50  66.00   62.00  67.50
0.8     55.00  63.50   56.00  64.50   59.00  64.50   60.50  64.50   62.00  66.00
0.9     55.00  61.50   56.00  63.50   56.00  63.50   59.00  64.50   61.50  64.50
1.0     53.00  61.50   55.00  61.50   56.00  61.50   59.00  63.50   60.50  64.50
1.1     52.00  59.50   55.00  59.50   56.00  61.50   56.00  61.50   60.19  63.50
1.2     52.00  57.50   53.00  57.50   55.00  59.50   56.00  59.50   58.44  61.50
1.4     45.58  51.50   46.80  54.50   48.02  54.50   49.25  57.50   50.88  57.50
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                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -27.75  -5.82         175#   -3.00    .00         205#   -2.33    .00
    155#  -27.75    .00         185#    -.25    .00         215#   -6.99    .00
    165#  -15.00    .00         195#   -2.33    .00         225#   -6.99    .00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog: 202.09 lb carcass , .69 inch back-fat ,
7.14 square inch loin/2.38 inch loin depth, FFLI: 52.35       
 
Price Range $61.50  - $66.00  
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               NEGOTIATED (LIVE BASIS)
 
Barrows & Gilts (live basis, 240-320 lbs):        240
 
*Price not reported due to confidentiality* , 5 Day Rolling Avg $49.44  
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               NEGOTIATED FORMULA (LIVE BASIS)
 
Barrows & Gilts (live basis, 240-320 lbs):           
 
*Price not reported due to confidentiality* 
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               COMBINED NEGOTIATED/NEGOTIATED FORMULA (LIVE BASIS)
 
Barrows & Gilts (live basis, 240-320 lbs):        240
 
*Price not reported due to confidentiality* 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                1,543             Iowa                 95,132
Illinois             17,209             Indiana               6,849
Kansas                3,240             Kentucky              2,382
Michigan              6,264             Minnesota            40,537
Missouri              3,111             North Carolina       11,764
North Dakota            175             Nebraska              8,679
New York                170             Ohio                 21,184
Oklahoma              3,083             Pennsylvania          2,933
South Carolina          180             South Dakota          4,932
Tennessee               339             Wisconsin               635

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