USDA AM Daily Direct Hogs                          12/06 11:00
LM_HG202
Des Moines, Iowa                Fri, Dec 06, 2019               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, December 6, 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                                7,495      5,595      5,321      4,166
Other Market Formula (Futures/Options)   27,985     27,214     36,246     23,036
Swine or Pork Market Formula            105,890     97,570    120,127    103,087
Other Purchase Arrangement               66,877     61,316     71,806     62,015
Negotiated Formula                          332        323        988      1,868
Packer Sold (all purchase types)         16,855     16,830     18,291      6,160
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 7,535

Compared to Prior Day's closing weighted average (LM_HG200),  0.06 higher

Base Price Rng $41.00 - $47.94, Wtd Avg $46.73, 5 Day Rolling Avg $45.44
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 323

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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        COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 7,858

*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   44.00  51.20   45.50  52.21   46.50  53.21   47.50  54.22   48.00  55.56
0.5   41.00  51.20   44.00  52.21   46.50  53.21   47.00  54.22   48.00  55.56
0.6   41.00  50.24   44.00  51.25   45.50  52.25   46.50  53.26   47.50  54.60
0.7   41.00  49.28   41.00  50.29   44.00  51.30   46.50  52.30   47.00  53.64
0.8   40.00  48.32   41.00  49.33   44.00  50.34   45.50  51.34   47.00  52.69
0.9   40.00  47.36   41.00  48.37   41.00  49.38   44.00  50.38   46.50  51.73
1.0   38.00  46.41   40.00  47.41   41.00  48.42   44.00  49.43   45.50  50.77
1.1   37.00  45.21   40.00  46.21   41.00  47.22   41.00  48.23   45.50  49.57
1.2   37.00  43.77   38.00  44.78   40.00  46.00   41.00  47.00   44.00  48.13
1.4   33.50  37.54   37.00  40.50   37.00  42.00   40.00  46.00   40.00  47.00
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.79          175#   -4.00  0.00          205#   -3.84  2.00
    155#   -27.75  0.00          185#   -1.00  2.00          215#   -3.84  2.00
    165#   -15.00  0.00          195#   -0.96  2.00          225#   -3.84  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 210.80 lb carcass, 0.69 inch back-fat,
7.54 square inch loin/2.51 inch loin depth, FFLI: 52.53%

Price Range $46.50 - $52.30
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 104,548

Base Price Range $42.44 - $80.86, Weighted Average $57.51
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 222

*Price not reported due to confidentiality* 5 Day Rolling Avg $33.87
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 0           5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 222

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Canada                  705               Delaware                  50
Georgia                 180               Iowa                  77,987
Illinois             15,686               Indiana                7,653
Kansas                3,252               Kentucky               1,055
Michigan              6,085               Minnesota             44,130
Missouri              4,052               Montana                  217
North Carolina       13,853               North Dakota             375
Nebraska              8,793               Ohio                  11,738
Oklahoma              3,151               Pennsylvania           2,487
South Carolina        1,080               South Dakota           5,819
Wisconsin               340
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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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