USDA AM Daily Direct Hogs
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5/24 1:01 PM
USDA AM Daily Direct Hogs 05/24 13:01 LM_HG202 Des Moines, Iowa Fri, May 24, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, May 24, 2019 (Includes information from 1:30 PM to 9:30 AM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 5,526 4,476 5,440 5,542 Other Market Formula (Futures/Options) 28,169 27,164 26,182 22,632 Swine or Pork Market Formula 80,770 67,830 78,883 78,907 Other Purchase Arrangement 64,656 60,598 43,897 68,000 Negotiated Formula 972 972 624 1,353 Packer Sold (all purchase types) 7,731 7,731 17,029 3,264 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,095 Compared to Prior Day's closing weighted average (LM_HG200), 2.52 lower Base Price Rng $72.00 - $78.53, Wtd Avg $77.96, 5 Day Rolling Avg $80.22 -------------------------------------------------------------------------------- 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): 5,260 *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 83.87 76.50 85.52 77.50 87.17 78.50 88.82 79.00 91.02 0.5 72.00 83.87 75.00 85.52 77.50 87.17 78.00 88.82 79.00 91.02 0.6 72.00 82.30 75.00 83.95 76.50 85.60 77.50 87.25 78.50 89.45 0.7 72.00 80.73 72.00 82.38 75.00 84.03 77.50 85.68 78.00 87.88 0.8 71.00 79.16 72.00 80.81 75.00 82.46 76.50 84.11 78.00 86.30 0.9 71.00 77.59 72.00 79.24 72.00 80.89 75.00 82.54 77.50 84.73 1.0 69.00 76.02 71.00 77.67 72.00 79.32 75.00 80.96 76.50 83.16 1.1 68.00 74.05 71.00 75.70 72.00 77.35 72.00 79.00 76.50 81.20 1.2 68.00 73.00 69.00 73.35 71.00 75.50 72.00 77.00 75.00 79.50 1.4 61.49 67.00 63.14 73.00 64.79 73.00 66.44 73.00 68.64 77.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.85 175# -1.75 1.00 205# -6.28 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -6.28 3.00 165# -15.00 0.00 195# -1.57 3.00 225# -6.28 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 205.28 lb carcass, 0.72 inch back-fat, 6.96 square inch loin/2.32 inch loin depth, FFLI: 51.76% Price Range $77.50 - $85.68 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 66,243 Base Price Range $74.36 - $87.02, Weighted Average $81.11 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,176 Compared to Prior Day's closing weighted average (LM_HG200), 1.01 higher Price Rng $55.00 - $63.50, Wtd Avg $61.96, 5 Day Rolling Avg $62.84 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 807 *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): 1,983 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 579 Iowa 76,871 Illinois 11,385 Indiana 9,468 Kansas 1,981 Kentucky 181 Michigan 3,746 Minnesota 28,930 Missouri 3,347 Montana 217 North Carolina 2,335 North Dakota 200 Nebraska 12,149 Ohio 7,626 Oklahoma 2,795 Pennsylvania 1,069 South Dakota 3,592 -------------------------------------------------------------------------------- *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 1100C .
 
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