USDA PM Daily Direct Hogs
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3/20 3:00 PM
USDA PM Daily Direct Hogs 03/20 15:00 LM_HG203 Des Moines, Iowa Wed, Mar 20, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, March 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 8,844 8,844 12,614 10,163 Other Market Formula (Futures/Options) 125,172 125,172 48,409 36,589 Swine or Pork Market Formula 134,888 134,888 115,411 132,373 Other Purchase Arrangement 80,938 80,938 87,717 77,325 Negotiated Formula 1,252 1,252 1,798 1,617 Packer Sold (all purchase types) 16,525 16,525 13,404 9,393 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,853 Compared to Prior Day's closing weighted average (LM_HG200), 2.79 higher Base Price Rng $54.00 - $64.00, Wtd Avg $60.38, 5 Day Rolling Avg $56.08 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 165 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,018 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- 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 57.00 66.00 58.50 67.50 59.50 67.50 60.50 69.00 61.00 69.00 0.5 54.00 64.50 57.00 66.00 59.50 66.00 60.00 67.50 61.00 67.50 0.6 54.00 64.50 57.00 64.50 58.50 66.00 59.50 66.00 60.50 67.50 0.7 54.00 63.00 54.00 63.00 57.00 64.50 59.00 64.50 60.00 66.00 0.8 53.00 62.00 54.00 63.00 57.00 63.00 57.50 63.00 59.00 64.50 0.9 53.00 60.00 54.00 62.00 54.00 62.00 57.00 63.00 57.50 63.00 1.0 51.00 60.00 53.00 60.00 54.00 60.00 56.50 62.00 57.50 63.00 1.1 50.00 58.00 52.50 58.00 54.00 60.00 54.00 60.00 56.50 62.00 1.2 50.00 56.00 50.50 56.00 52.50 58.00 52.50 58.00 54.50 60.50 1.4 44.50 50.00 46.50 53.50 47.50 54.50 48.92 56.50 50.50 57.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -5.78 175# -3.00 1.00 205# -4.63 3.00 155# -30.00 0.00 185# -0.25 2.00 215# -4.63 3.00 165# -15.00 0.00 195# -1.16 3.00 225# -4.63 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 201.59 lb carcass, 0.63 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 53.30% Price Range $59.50 - $66.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 140,310 Base Price Range $50.20 - $70.43, Weighted Average $59.57 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 360 Compared to Prior Day's closing weighted average (LM_HG200), 0.70 higher Price Rng $40.00 - $47.35, Wtd Avg $43.88, 5 Day Rolling Avg $41.34 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,087 *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): 1,447 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 320 Iowa 123,474 Illinois 22,971 Indiana 37,819 Kansas 3,060 Kentucky 515 Michigan 9,861 Minnesota 72,817 Missouri 3,772 Mississippi 544 Montana 443 North Carolina 14,152 Nebraska 15,483 New York 333 Ohio 42,484 Oklahoma 2,695 Pennsylvania 3,441 South Carolina 180 South Dakota 7,808 Utah 144 Wisconsin 5,303 -------------------------------------------------------------------------------- *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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