USDA PM Daily Direct Hogs                          12/06 14:50
LM_HG203
Des Moines, Iowa                Fri, Dec 06, 2019               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, December 6, 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                                7,963      7,963     14,248      6,427
Other Market Formula (Futures/Options)   35,205     35,205     63,036     33,331
Swine or Pork Market Formula            133,476    133,476    156,397    134,882
Other Purchase Arrangement               89,952     89,952    152,980    103,766
Negotiated Formula                          833        833      1,998      2,000
Packer Sold (all purchase types)         17,260     17,260     24,237      9,719
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 9,241

Compared to Prior Day's closing weighted average (LM_HG200),  0.08 lower

Base Price Rng $41.00 - $47.94, Wtd Avg $46.59, 5 Day Rolling Avg $45.24
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 663

*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): 9,904

*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   45.50  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   44.50  49.57
1.2   37.00  43.77   38.00  44.78   40.00  46.00   40.50  47.00   42.50  48.13
1.4   32.50  37.54   35.50  40.50   35.50  42.00   38.50  46.00   38.50  47.00
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.79          175#   -4.00  1.00          205#   -3.84  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -3.84  3.00
    165#   -15.00  0.00          195#   -0.96  3.00          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): 138,322

Base Price Range $42.02 - $80.86, Weighted Average $55.91
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 545

Compared to Prior Day's closing weighted average (LM_HG200), 0.96 lower

Base Price Rng $27.00 - $44.00, Wtd Avg $33.27, 5 Day Rolling Avg $34.64
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 170

*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): 715

*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                 100,990
Illinois             20,252               Indiana               21,700
Kansas                3,252               Kentucky               1,405
Maryland                170               Michigan               9,651
Minnesota            55,324               Missouri               4,331
Montana                 217               North Carolina        13,853
North Dakota            375               Nebraska              12,371
Ohio                 19,107               Oklahoma               3,151
Pennsylvania          3,814               South Carolina         1,080
South Dakota         12,040               Virginia                   1
Wisconsin               670
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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

1500C



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