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4/23 3:05 PM
USDA PM Daily Direct Hogs 04/23 15:05
LM_HG203
Des Moines, Iowa Tue, Apr 23, 2019 USDA Market News
NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 23, 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 5,472 5,472 8,260 8,199
Other Market Formula (Futures/Options) 59,024 59,024 50,590 32,352
Swine or Pork Market Formula 120,897 120,897 120,254 123,939
Other Purchase Arrangement 77,674 77,674 65,816 84,805
Negotiated Formula 827 827 652 1,417
Packer Sold (all purchase types) 19,184 19,184 18,710 11,170
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,850
Compared to Prior Day's closing weighted average (LM_HG200), 0.19 lower
Base Price Rng $73.00 - $83.00, Wtd Avg $80.02, 5 Day Rolling Avg $78.99
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 165
*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): 6,015
*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 76.00 84.86 77.50 86.53 78.50 88.20 79.50 89.87 80.00 92.09
0.5 73.00 84.86 76.00 86.53 78.50 88.20 79.00 89.87 80.00 92.09
0.6 73.00 83.27 76.00 84.94 77.50 86.61 78.50 88.28 79.50 90.50
0.7 73.00 81.68 73.00 83.35 76.00 85.02 78.50 86.69 79.00 88.92
0.8 72.00 80.75 73.00 81.76 76.00 83.43 77.50 85.10 79.00 87.33
0.9 72.00 79.00 73.00 80.75 73.00 81.84 76.00 83.51 78.50 85.74
1.0 70.00 78.00 72.00 79.00 73.00 80.75 76.00 81.92 77.50 84.15
1.1 69.00 76.00 72.00 77.50 73.00 79.00 73.00 80.75 77.50 82.50
1.2 69.00 75.00 70.00 75.00 72.00 77.50 73.00 79.00 76.00 81.50
1.4 62.22 70.50 63.89 75.00 65.55 75.00 67.22 77.00 69.45 79.00
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -7.95 175# -3.00 1.00 205# -6.36 3.00
155# -30.00 0.00 185# -0.25 2.00 215# -6.36 3.00
165# -15.00 0.00 195# -1.59 3.00 225# -6.36 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 206.64 lb carcass, 0.63 inch back-fat,
7.63 square inch loin/2.54 inch loin depth, FFLI: 53.52%
Price Range $78.50 - $88.28
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 129,055
Base Price Range $75.89 - $85.70, Weighted Average $81.08
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 799
Compared to Prior Day's closing weighted average (LM_HG200), 1.99 higher
Price Rng $57.00 - $64.00, Wtd Avg $62.46, 5 Day Rolling Avg $59.92
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 654
*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): 1,453
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 220 Iowa 119,868
Illinois 16,393 Indiana 24,735
Kansas 3,088 Kentucky 870
Michigan 9,300 Minnesota 47,552
Missouri 3,181 Mississippi 286
Montana 428 North Carolina 12,788
North Dakota 365 Nebraska 18,161
Ohio 13,221 Oklahoma 1,595
Pennsylvania 3,863 South Dakota 6,548
Wisconsin 616
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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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