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12/17 3:05 PM
USDA PM Daily Direct Hogs 12/17 15:05
LM_HG203
Des Moines, Iowa Mon, Dec 17, 2018 USDA Market News
NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, December 17, 2018
(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 12,046 12,046 7,576 13,783
Other Market Formula (Futures/Options) 47,258 47,258 54,322 42,501
Swine or Pork Market Formula 182,231 182,231 188,496 192,292
Other Purchase Arrangement 191,873 191,873 216,994 178,363
Negotiated Formula 1,233 1,233 1,841 2,131
Packer Sold (all purchase types) 13,497 13,497 14,818 24,039
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 9,889
Compared to Prior Day's closing weighted average (LM_HG200), 0.26 lower
Base Price Rng $41.00 - $47.16, Wtd Avg $46.12, 5 Day Rolling Avg $46.42
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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): 9,889
*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 50.37 45.50 51.36 46.50 52.35 47.50 53.34 48.00 54.66
0.5 41.00 50.37 44.00 51.36 46.50 52.35 47.00 53.34 48.00 54.66
0.6 41.00 49.42 44.00 50.41 45.50 51.40 46.50 52.39 47.50 53.72
0.7 41.00 48.48 41.00 49.47 44.00 50.46 46.50 51.45 47.00 52.77
0.8 40.00 47.54 41.00 48.53 44.00 49.52 45.00 50.51 46.50 51.83
0.9 40.00 46.59 41.00 47.58 41.00 48.57 44.00 49.57 45.00 50.89
1.0 38.00 45.65 40.00 46.64 41.00 47.63 44.00 48.62 45.00 49.94
1.1 37.00 44.47 40.00 45.46 41.00 46.45 41.00 47.44 44.00 49.50
1.2 37.00 43.06 38.00 44.05 40.00 45.04 40.00 46.03 42.00 48.00
1.4 32.00 37.50 35.00 41.00 35.00 42.00 38.00 44.00 38.00 45.00
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -4.72 175# -3.00 1.00 205# -3.77 3.00
155# -30.00 0.00 185# -0.25 2.00 215# -3.77 3.00
165# -15.00 0.00 195# -0.94 3.00 225# -3.77 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 203.19 lb carcass, 0.66 inch back-fat,
7.17 square inch loin/2.39 inch loin depth, FFLI: 52.82%
Price Range $46.50 - $51.45
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 180,694
Base Price Range $44.17 - $68.12, Weighted Average $53.52
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,451
Compared to Prior Day's closing weighted average (LM_HG200), 0.06 lower
Price Rng $32.35 - $43.00, Wtd Avg $37.70, 5 Day Rolling Avg $37.25
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 985
*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): 2,436
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Arkansas 29 Delaware 60
Iowa 229,360 Illinois 33,371
Indiana 25,148 Kansas 2,850
Kentucky 682 Michigan 7,633
Minnesota 58,774 Missouri 4,787
Mississippi 552 Montana 669
North Carolina 20,738 North Dakota 355
Nebraska 24,132 Ohio 16,815
Oklahoma 2,466 Pennsylvania 3,638
South Dakota 10,553 Utah 120
Wisconsin 447
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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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