USDA PM Daily Direct Hogs |
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2/20 3:05 PM
USDA PM Daily Direct Hogs 02/20 15:05
LM_HG203
Des Moines, Iowa Wed, Feb 20, 2019 USDA Market News
NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, February 20, 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 8,220 8,220 11,853 8,350
Other Market Formula (Futures/Options) 92,816 92,816 45,187 29,245
Swine or Pork Market Formula 140,371 140,371 138,777 127,570
Other Purchase Arrangement 68,348 68,348 72,882 76,463
Negotiated Formula 1,187 1,187 906 1,174
Packer Sold (all purchase types) 7,710 7,710 7,256 7,924
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 8,217
Compared to Prior Day's closing weighted average (LM_HG200), 0.28 lower
Base Price Rng $44.00 - $49.00, Wtd Avg $47.90, 5 Day Rolling Avg $48.33
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 260
*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): 8,477
*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 47.00 51.82 48.50 52.84 49.50 53.86 50.25 54.88 50.25 56.23
0.5 44.00 51.82 47.00 52.84 49.50 53.86 50.00 54.88 50.25 56.23
0.6 44.00 50.85 47.00 51.87 48.50 52.89 49.50 53.91 50.25 55.26
0.7 44.00 49.88 44.00 50.90 47.00 51.92 48.50 52.94 50.00 54.29
0.8 43.00 48.91 44.00 49.93 47.00 50.95 47.00 51.96 48.50 53.32
0.9 43.00 47.94 44.00 48.96 44.00 49.98 47.00 50.99 47.00 52.35
1.0 41.00 46.97 43.00 47.99 44.00 49.01 46.00 50.02 47.00 51.38
1.1 40.00 45.75 42.00 46.77 44.00 47.79 44.00 48.81 46.00 50.50
1.2 40.00 44.30 40.00 45.32 42.00 47.25 42.00 48.25 44.00 49.25
1.4 34.00 38.50 37.00 42.00 37.00 43.25 40.00 47.25 40.00 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 $49.50 - $53.91
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 135,466
Base Price Range $46.25 - $60.40, Weighted Average $52.03
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 143
*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): 1,381
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Arkansas 120 Canada 2,490
Colorado 160 Georgia 168
Iowa 91,325 Illinois 25,139
Indiana 17,974 Kansas 1,722
Kentucky 506 Maryland 332
Michigan 8,527 Minnesota 47,542
Missouri 3,936 Mississippi 258
Montana 411 North Carolina 14,602
North Dakota 180 Nebraska 18,125
New York 510 Ohio 15,142
Oklahoma 2,476 Pennsylvania 3,829
South Carolina 720 South Dakota 6,457
Tennessee 55,075 Wisconsin 926
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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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