LM_HG200
Des Moines, Iowa Tue, Feb 12, 2019 USDA Market News
NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, February 11, 2019
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 9,361 7,316 10,421
Other Market Formula (Futures/Options) 42,353 45,807 32,715
Swine or Pork Market Formula 139,664 137,215 132,530
Other Purchase Arrangement 174,592 178,483 149,041
Negotiated Formula 1,218 3,735 1,000
Packer Sold (all purchase types) 7,715 9,003 9,360
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NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/
MARKET OR PORK PURCHASE FORMULA WTD AVG
FORMULA MARKET ARRGMENT
(FUT/OPT)** FORMULA
Barrows & Gilts (carcass basis):
Producer Sold
Head Count 8,705 41,166 134,579 170,992 0 355,442
Base Price 48.84 55.86 53.72 65.07 * 59.31
Packer Sold
Head Count 7,715
Base Price 51.87
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 9,295
Compared to the prior day, on a plant by plant basis, weighted average base
prices were 2.50 lower to 2.50 higher, mostly steady to 0.75 lower. Slow
to moderate market activity with light to moderate demand.
Compared to Prior Day's closing weighted average (LM_HG200), 0.50 lower
Base Price Rng $45.00 - $49.50, Wtd Avg $48.88, 5 Day Rolling Avg $49.53
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)
Barrows & Gilts (carcass basis): 9,295
*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 48.00 52.81 49.00 54.00 50.00 55.00 48.50 56.00 48.50 57.31
0.5 45.00 52.81 48.00 53.85 50.00 55.00 48.50 55.93 48.50 57.31
0.6 45.00 51.82 47.50 52.86 49.00 54.00 50.00 55.00 48.50 56.32
0.7 45.00 50.83 45.00 51.87 48.00 52.91 50.00 55.00 48.50 55.50
0.8 44.00 49.85 45.00 50.88 47.50 52.50 49.00 54.00 50.00 55.50
0.9 44.00 48.86 45.00 49.90 45.00 50.93 48.00 52.50 49.00 55.00
1.0 42.00 47.87 44.00 48.91 45.00 49.94 47.50 52.50 49.00 54.00
1.1 41.00 46.63 43.50 48.50 45.00 49.50 45.00 49.75 48.00 54.00
1.2 38.50 45.50 41.50 46.50 44.00 48.50 44.00 49.50 46.00 52.50
1.4 33.50 42.00 38.50 45.50 39.00 46.50 41.83 48.50 42.00 49.50
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -4.95 175# -4.00 1.00 205# -3.96 3.00
155# -30.00 0.00 185# -1.00 2.00 215# -3.96 3.00
165# -15.00 0.00 195# -0.99 3.00 225# -3.96 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 203.60 lb carcass, 0.60 inch back-fat,
7.39 square inch loin/2.46 inch loin depth, FFLI: 53.87%
Price Range $50.00 - $55.00
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 139,333
Base Price Range $46.47 - $62.11, Weighted Average $53.64
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 627
Compared to Prior Day's closing weighted average (LM_HG200), 0.56 lower
Price Rng $36.00 - $40.50, Wtd Avg $38.31, 5 Day Rolling Avg $39.36
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,217
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,844
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 1,310 Iowa 195,930
Illinois 31,187 Indiana 20,343
Kansas 3,053 Kentucky 1,715
Maryland 168 Michigan 7,590
Minnesota 48,005 Missouri 4,157
Mississippi 268 Montana 729
North Carolina 12,804 North Dakota 175
Nebraska 15,059 Ohio 16,440
Oklahoma 1,717 Pennsylvania 4,628
South Carolina 180 South Dakota 6,982
Tennessee 2,582 Wisconsin 471
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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.
** Futures/Options
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
0800C
.