USDA AM Daily Direct Hogs |
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2/20 10:55 AM
USDA AM Daily Direct Hogs 02/20 10:55
LM_HG202
Des Moines, Iowa Wed, Feb 20, 2019 USDA Market News
NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, February 20, 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 8,029 6,569 5,435 3,877
Other Market Formula (Futures/Options) 33,852 29,196 25,660 20,151
Swine or Pork Market Formula 110,650 101,435 107,413 92,800
Other Purchase Arrangement 59,960 49,432 51,011 64,469
Negotiated Formula 927 927 746 1,014
Packer Sold (all purchase types) 5,195 5,195 5,629 6,873
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,680
Compared to Prior Day's closing weighted average (LM_HG200), 0.17 lower
Base Price Rng $44.50 - $48.52, Wtd Avg $48.01, 5 Day Rolling Avg $48.37
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,680
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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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 47.50 51.82 49.00 52.84 50.00 53.86 50.25 54.88 50.25 56.23
0.5 44.50 51.82 47.50 52.84 50.00 53.86 50.25 54.88 50.25 56.23
0.6 44.50 50.85 47.50 51.87 49.00 52.89 50.00 53.91 50.25 55.26
0.7 44.50 49.88 44.50 50.90 47.50 51.92 49.00 52.94 50.25 54.29
0.8 43.50 48.91 44.50 49.93 47.50 50.95 47.50 51.96 49.00 53.32
0.9 43.50 47.94 44.50 48.96 44.50 49.98 47.50 50.99 47.50 52.35
1.0 41.50 46.97 43.50 47.99 44.50 49.01 46.50 50.02 47.50 51.38
1.1 40.50 45.75 42.50 46.77 44.50 47.79 44.50 48.81 46.50 50.50
1.2 40.25 44.30 40.50 45.32 42.50 47.25 42.50 48.25 44.50 49.25
1.4 34.50 38.50 37.50 42.00 37.50 43.25 40.50 47.25 40.50 48.25
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -4.85 175# -4.00 0.00 205# -3.88 2.00
155# -27.75 0.00 185# -1.00 2.00 215# -3.88 2.00
165# -15.00 0.00 195# -0.97 2.00 225# -3.88 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 201.59 lb carcass, 0.59 inch back-fat,
7.30 square inch loin/2.43 inch loin depth, FFLI: 54.00%
Price Range $50.00 - $53.91
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 98,450
Base Price Range $46.25 - $58.25, Weighted Average $52.92
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 108
*Price not reported due to confidentiality* 5 Day Rolling Avg $37.49
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,238
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,346
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 1,530 Colorado 160
Iowa 66,554 Illinois 21,835
Indiana 7,630 Kansas 1,722
Kentucky 506 Maryland 332
Michigan 5,402 Minnesota 37,134
Missouri 3,601 Mississippi 258
Montana 411 North Carolina 14,602
North Dakota 180 Nebraska 12,810
New York 510 Ohio 8,984
Oklahoma 2,457 Pennsylvania 1,749
South Carolina 720 South Dakota 3,227
Wisconsin 795
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*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
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