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National Daily Direct Hog Prior Day - Purchased Swine

Last Updated 2/19/2019 | View 1402 Archived Reports

LM_HG200
Des Moines, Iowa                Tue, Feb 19, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, February 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                                4,874           9,361         11,066
  Other Market Formula (Futures/Options)   42,991          42,353         31,246
  Swine or Pork Market Formula            140,357         139,664        139,293
  Other Purchase Arrangement              160,295         174,592         99,176
  Negotiated Formula                        1,751           1,218          1,010
Packer Sold (all purchase types)            9,503           7,715         11,447
--------------------------------------------------------------------------------
                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         3,485    41,643     134,563     157,420        170  337,281
  Base Price         48.25     58.09       52.33       64.56          *    58.68
Packer Sold
  Head Count                                                               8,687
  Base Price                                                               51.34
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   3,485

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 2.11 lower to 1.60 higher, the market trend is not well established. 
Slow market activity with light demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.35 lower

Base Price Rng $44.50 - $49.00, Wtd Avg $48.25, 5 Day Rolling Avg $48.31
---------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   170

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

Barrows & Gilts (carcass basis):   3,655

*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

*Price not reported due to confidentiality*
---------------------------------------------------------------------------------
                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -8.01          175#   -4.00  1.00          205#    0.00  3.00
    155#   -30.00 -4.45          185#   -1.00  2.00          215#   -0.25  3.00
    165#   -15.00 -2.67          195#   -0.50  3.00          225#   -2.25  2.00
---------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

*Price not reported due to confidentiality*
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 138,387

Base Price Range $44.47 - $60.40, Weighted Average $52.29
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 990

Compared to Prior Day's closing weighted average (LM_HG200),  3.50 lower

Price Rng $33.00 - $39.50, Wtd Avg $34.22, 5 Day Rolling Avg $37.77
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,012

*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): 3,002

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

Canada                  960             Colorado                 150
Iowa                188,029             Illinois              19,247
Indiana              24,257             Kansas                 3,820
Kentucky                410             Maryland                 336
Michigan              5,922             Minnesota             52,387
Missouri              5,107             North Carolina        15,296
North Dakota            200             Nebraska              15,138
Ohio                 12,548             Oklahoma               1,852
Pennsylvania          4,204             South Carolina           360
South Dakota          7,954             Texas                  1,140
Wisconsin               454
--------------------------------------------------------------------------------
*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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