USDA ECB Daily Direct Hogs (PM)
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9/20 2:55 PM
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 -------------------------------------------------------------------------------- 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, -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- - COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- - 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 -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- *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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