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National Daily Direct Hog Prior Day - Purchased Swine

Last Updated 4/19/2019 | View 1443 Archived Reports

LM_HG200
Des Moines, Iowa                Fri, Apr 19, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, April 18, 2019

                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                9,402           5,960         13,034
  Other Market Formula (Futures/Options)   52,273          61,686        424,472
  Swine or Pork Market Formula            124,581         128,615        134,477
  Other Purchase Arrangement               62,962          65,179         74,562
  Negotiated Formula                        1,076           1,743          1,179
Packer Sold (all purchase types)           17,980          13,455          6,087
--------------------------------------------------------------------------------
                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         7,490    51,422     117,085      59,793        165  235,955
  Base Price         77.30     86.38       79.41       80.42          *    81.06
Packer Sold
  Head Count                                                              17,980
  Base Price                                                               81.78
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   11,563

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 1.76 lower to 4.59 higher, mostly steady to 1.00 higher. Moderate 
market activity with moderate to good demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.92 higher

Base Price Rng $71.00 - $81.00, Wtd Avg $77.93, 5 Day Rolling Avg $77.11
---------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   165

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
---------------------------------------------------------------------------------
    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   11,728

*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   75.00  81.60   76.50  83.20   77.50  84.80   78.00  86.41   78.00  88.55
0.5   72.00  81.60   75.00  83.20   77.50  84.80   78.00  86.41   78.00  88.55
0.6   72.00  80.07   75.00  81.67   76.50  83.28   77.50  84.88   78.00  87.02
0.7   72.00  78.54   72.00  80.14   75.00  81.75   77.50  83.35   78.00  85.49
0.8   71.00  77.01   72.00  78.62   75.00  80.22   76.50  81.82   78.00  83.96
0.9   71.00  76.00   72.00  77.09   72.00  78.69   75.00  80.30   77.50  82.50
1.0   69.00  74.50   71.00  76.00   72.00  77.16   75.00  80.00   76.50  81.50
1.1   68.00  73.00   71.00  76.00   72.00  77.00   72.00  77.50   76.50  81.50
1.2   68.00  73.00   69.00  74.00   71.00  76.00   72.00  77.00   74.50  80.00
1.4   59.82  69.50   61.43  73.00   63.03  74.00   64.63  76.00   66.77  77.00
---------------------------------------------------------------------------------
                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -7.64          175#   -4.00  1.00          205#   -6.11  3.00
    155#   -30.00  0.00          185#   -1.00  1.50          215#   -6.11  3.00
    165#   -15.00  0.00          195#   -1.53  3.00          225#   -6.11  1.00
---------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 204.60 lb carcass, 0.65 inch back-fat,
7.36 square inch loin/2.45 inch loin depth, FFLI: 53.07%

Price Range $77.50 - $83.35
---------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 129,419

Base Price Range $74.20 - $84.29, Weighted Average $79.67
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,635

Compared to Prior Day's closing weighted average (LM_HG200),  2.47 lower

Price Rng $50.75 - $61.75, Wtd Avg $57.64, 5 Day Rolling Avg $58.61
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 739

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
   COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,374

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Canada                  647             Georgia                  347
Iowa                101,137             Illinois              16,111
Indiana              19,918             Kansas                 2,207
Kentucky                840             Michigan               7,934
Minnesota            57,498             Missouri               3,010
North Carolina       14,707             North Dakota             370
Nebraska             15,375             Ohio                  15,861
Oklahoma              2,518             Pennsylvania           4,011
South Carolina          180             South Dakota           6,220
Wisconsin               981
--------------------------------------------------------------------------------
*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

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