USDA PM Daily Direct Hogs
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2/26 4:41 PM
USDA PM Daily Direct Hogs 02/26 16:11 LM_HG203 Des Moines, Iowa Wed, Feb 26, 2020 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, February 26, 2020 (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 16,413 16,413 12,801 19,279 Other Market Formula (Futures/Options) 46,238 46,238 38,245 40,966 Swine or Pork Market Formula 112,668 112,668 116,161 143,489 Other Purchase Arrangement 74,139 74,139 78,924 78,150 Negotiated Formula 1,115 1,115 669 1,230 Packer Sold (all purchase types) 21,540 21,540 24,000 9,365 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 14,140 Compared to Prior Day's closing weighted average (LM_HG200), 0.42 higher Base Price Rng $45.00 - $52.00, Wtd Avg $50.02, 5 Day Rolling Avg $49.60 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 1,115 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 15,255 *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 48.00 53.88 49.50 54.94 50.50 56.00 51.00 57.06 51.00 58.47 0.5 45.00 53.88 48.00 54.94 50.50 56.00 51.00 57.06 51.00 58.47 0.6 45.00 52.87 48.00 53.93 49.50 54.99 50.50 56.05 51.00 57.46 0.7 45.00 51.86 45.00 52.92 48.00 53.98 50.50 55.04 51.00 56.45 0.8 44.00 50.85 45.00 51.91 48.00 52.97 49.50 54.03 51.00 55.44 0.9 44.00 49.84 45.00 50.90 45.00 51.96 48.00 53.02 50.50 54.44 1.0 42.00 48.84 44.00 49.90 45.00 50.95 48.00 52.01 49.50 53.43 1.1 41.00 47.57 44.00 48.63 45.00 49.69 45.00 50.75 49.50 52.17 1.2 41.00 46.06 42.00 47.12 44.00 48.18 45.00 49.24 48.00 50.65 1.4 36.00 39.50 40.56 43.00 41.62 44.00 42.68 48.00 44.09 49.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -5.05 175# -4.00 1.00 205# -4.04 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -4.04 3.00 165# -15.00 0.00 195# -1.01 3.00 225# -4.04 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.68 lb carcass, 0.62 inch back-fat, 7.24 square inch loin/2.41 inch loin depth, FFLI: 53.47% Price Range $50.50 - $56.05 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 125,416 Base Price Range $47.60 - $61.81, Weighted Average $54.32 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 639 Compared to Prior Day's closing weighted average (LM_HG200), 0.84 lower Base Price Rng $35.80 - $40.50, Wtd Avg $37.90, 5 Day Rolling Avg $38.77 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 639 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 190 Georgia 180 Iowa 107,180 Illinois 18,144 Indiana 17,448 Kansas 3,355 Kentucky 4,105 Maryland 159 Michigan 10,552 Minnesota 44,222 Missouri 3,175 Montana 673 North Carolina 14,888 North Dakota 175 Nebraska 15,330 New York 340 Ohio 17,181 Oklahoma 3,476 Pennsylvania 3,912 South Carolina 900 South Dakota 4,822 Tennessee 1,153 Wisconsin 816 -------------------------------------------------------------------------------- *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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