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USDA PM Daily Direct Hogs
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5/24 4:44 PM
USDA PM Daily Direct Hogs 05/24 16:06 LM_HG203 Des Moines, Iowa Fri, May 24, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, May 24, 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 5,977 5,977 7,540 7,510 Other Market Formula (Futures/Options) 37,874 37,874 35,075 26,279 Swine or Pork Market Formula 89,481 89,481 103,417 93,319 Other Purchase Arrangement 77,308 77,308 64,419 82,790 Negotiated Formula 972 972 944 1,683 Packer Sold (all purchase types) 9,320 9,320 18,154 3,664 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,481 Compared to Prior Day's closing weighted average (LM_HG200), 2.51 lower Base Price Rng $72.00 - $80.00, Wtd Avg $77.97, 5 Day Rolling Avg $80.20 -------------------------------------------------------------------------------- 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): 5,646 *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 77.00 71.00 77.67 72.00 79.32 75.00 80.96 76.50 83.16 1.1 68.00 75.00 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# -3.00 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): 88,532 Base Price Range $74.36 - $87.02, Weighted Average $81.26 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,637 Compared to Prior Day's closing weighted average (LM_HG200), 0.74 higher Price Rng $55.00 - $65.65, Wtd Avg $61.69, 5 Day Rolling Avg $62.70 -------------------------------------------------------------------------------- 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): 2,444 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 579 Georgia 160 Iowa 92,246 Illinois 15,841 Indiana 19,459 Kansas 2,087 Kentucky 181 Michigan 6,378 Minnesota 36,565 Missouri 3,524 Montana 217 North Carolina 2,335 North Dakota 200 Nebraska 15,273 Ohio 12,920 Oklahoma 2,813 Pennsylvania 3,076 South Dakota 7,078 -------------------------------------------------------------------------------- *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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