USDA ECB Daily Direct Hogs (PM)
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4/23 3:05 PM
USDA ECB Daily Direct Hogs (PM) 04/23 15:05 LM_HG210 Des Moines, Iowa Tue, Apr 23, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN 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 4,615 4,615 3,636 4,175 Other Market Formula (Futures/Options) 15,708 15,708 17,254 11,171 Swine or Pork Market Formula 29,977 29,977 29,291 36,596 Other Purchase Arrangement 29,408 29,408 30,695 34,932 Negotiated Formula 827 827 652 1,417 Packer Sold (all purchase types) 10,939 10,939 10,252 2,124 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,987 Compared to Prior Day's closing weighted average (LM_HG207), no comparision Base Price Rng $77.50 - $80.00, Wtd Avg $79.50, 5 Day Rolling Avg $79.50 -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 165 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,152 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - EASTERN CORNBELT 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 80.50 84.86 82.00 86.53 83.00 88.20 84.00 89.87 84.50 92.09 0.5 77.50 84.86 80.50 86.53 83.00 88.20 83.50 89.87 84.50 92.09 0.6 77.50 83.27 80.50 84.94 82.00 86.61 83.00 88.28 84.00 90.50 0.7 77.50 81.68 77.50 83.35 80.50 85.02 83.00 86.69 83.50 88.92 0.8 76.50 80.75 77.50 81.76 80.50 83.43 82.00 85.10 83.50 87.33 0.9 76.50 79.00 77.50 80.75 77.50 81.84 80.50 83.51 82.99 85.74 1.0 74.50 77.50 76.50 79.00 77.50 80.75 80.49 81.92 81.99 84.15 1.1 73.50 75.00 76.49 77.50 77.50 79.00 77.50 80.75 81.24 82.50 1.2 72.55 75.00 73.99 75.00 75.88 77.50 77.50 79.00 79.78 81.50 1.4 62.22 70.50 63.89 75.00 65.55 75.00 67.22 77.00 69.45 79.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.95 175# -1.50 1.00 205# -6.36 3.00 155# -30.00 0.00 185# 0.00 1.50 215# -6.36 3.00 165# -15.00 0.00 195# -1.59 3.00 225# -6.36 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 198.48 lb carcass, 0.60 inch back-fat, 7.24 square inch loin/2.41 inch loin depth, FFLI: 53.85% Price Range $83.00 - $88.28 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 32,589 Base Price Range $76.29 - $85.70, Weighted Average $82.07 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 552 Compared to Prior Day's closing weighted average (LM_HG207), 2.90 higher Price Rng $61.00 - $64.00, Wtd Avg $62.85, 5 Day Rolling Avg $60.94 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 356 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 908 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 16,393 Indiana 24,735 Kentucky 870 Michigan 9,300 Mississippi 286 North Carolina 12,788 Ohio 13,221 Pennsylvania 3,863 Wisconsin 616 -------------------------------------------------------------------------------- *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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