USDA ECB Daily Direct Hogs (PM)                    09/20 14:55
LM_HG210
Des Moines, Iowa                Fri, Sep 20, 2019               USDA Market News

EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Friday, September 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                                7,525      7,525      4,406      2,148
Other Market Formula (Futures/Options)   19,901     19,901     22,376     11,934
Swine or Pork Market Formula             31,004     31,004     33,480     42,343
Other Purchase Arrangement               35,198     35,198     35,014     38,082
Negotiated Formula                          310        310        660      2,083
Packer Sold (all purchase types)          4,148      4,148     12,289      2,304
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

Compared to Prior Day's closing weighted average (LM_HG207), no comparison

Wtd Avg $44.02,
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-
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

*Price not reported due to confidentiality*
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-
    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

*Price not reported due to confidentiality* 
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          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   43.00  48.50   44.50  50.00   45.50  51.00   46.50  51.50   47.00  51.50
0.5   40.00  48.00   43.00  49.00   45.50  50.00   46.00  51.00   47.00  51.50
0.6   40.00  47.00   43.00  48.00   44.50  49.00   45.50  50.00   46.50  51.00
0.7   40.00  46.00   40.00  47.00   43.00  48.50   45.50  49.00   46.00  50.50
0.8   39.00  45.25   40.00  46.00   43.00  47.00   44.50  48.50   46.00  50.00
0.9   39.00  44.00   40.00  45.25   40.00  46.00   43.00  47.50   45.50  48.50
1.0   37.00  42.37   39.00  44.00   40.00  45.25   43.00  46.00   44.50  47.50
1.1   36.00  41.28   39.00  42.19   40.00  44.50   40.00  45.50   44.50  46.75
1.2   36.00  39.96   37.00  40.88   39.00  44.00   40.00  45.00   43.00  46.00
1.4   32.00  34.50   35.19  39.50   36.11  40.00   37.03  44.00   38.26  45.00
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.38          175#   -4.00  1.00          205#   -3.50  3.00
    155#   -30.00  0.00          185#   -1.00  1.50          215#   -3.50  3.00
    165#   -15.00  0.00          195#   -0.88  3.00          225#   -3.50  1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 191.93 lb carcass, 0.55 inch back-fat,
6.78 square inch loin/2.26 inch loin depth, FFLI: 54.46%

Price Range $45.50 - $50.00
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 26,014

Base Price Range $44.48 - $68.52, Weighted Average $52.63
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                   NEGOTIATED PURCHASE (Including Packer Sold)

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

*Price not reported due to confidentiality* 
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

*Price not reported due to confidentiality* 
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

*Price not reported due to confidentiality* 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Illinois             26,714               Indiana               25,393
Kentucky              1,340               Michigan               8,971
North Carolina        7,337               Ohio                  16,798
Pennsylvania          4,397               Tennessee                821
Wisconsin             1,287
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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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