National Daily Direct Hogs - Afternoon

LM_HG203
Des Moines, Iowa Wed, Jun 12, 2019 USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, June 12, 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 14,420 14,420 12,605 9,460
Other Market Formula (Futures/Options) 41,477 41,477 84,691 43,557
Swine or Pork Market Formula 125,220 125,220 117,763 121,916
Other Purchase Arrangement 96,451 96,451 71,059 78,418
Negotiated Formula 663 663 1,202 1,235
Packer Sold (all purchase types) 22,116 22,116 21,450 10,198
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 21,219

Compared to Prior Day's closing weighted average (LM_HG200), 0.83 higher

Base Price Rng $67.00 - $78.00, Wtd Avg $76.03, 5 Day Rolling Avg $75.68
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 160

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

Barrows & Gilts (carcass basis): 21,379

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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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 70.00 80.21 71.50 81.78 72.50 83.36 73.50 84.94 74.00 87.04
0.5 67.00 80.21 70.00 81.78 72.50 83.36 73.00 84.94 74.00 87.04
0.6 67.00 78.70 70.00 80.28 71.50 81.86 72.50 83.44 73.50 85.54
0.7 67.00 77.20 67.00 78.78 70.00 80.36 72.50 81.93 73.00 84.04
0.8 66.00 75.70 67.00 77.28 70.00 78.86 71.50 80.43 73.00 82.53
0.9 66.00 74.20 67.00 75.78 67.00 77.35 70.00 78.93 72.50 81.03
1.0 64.00 72.70 66.00 74.27 67.00 75.85 70.00 77.43 71.50 79.53
1.1 63.00 70.82 66.00 72.40 67.00 73.97 67.00 75.55 71.50 77.65
1.2 63.00 69.50 64.00 70.14 66.00 72.00 67.00 73.50 70.00 76.00
1.4 58.80 65.50 60.38 69.50 61.96 70.00 63.53 72.00 65.64 73.50
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CARCASS WEIGHT DIFFERENTIALS

145# -30.00 -7.51 175# -3.25 1.00 205# -6.01 3.00
155# -30.00 0.00 185# -1.50 2.00 215# -6.01 3.00
165# -15.00 0.00 195# -1.50 3.00 225# -6.01 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.60 lb carcass, 0.71 inch back-fat,
7.05 square inch loin/2.35 inch loin depth, FFLI: 51.97%

Price Range $72.50 - $81.93
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 129,422

Base Price Range $71.87 - $82.91, Weighted Average $77.42
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 511

Compared to Prior Day's closing weighted average (LM_HG200), 0.08 lower

Price Rng $56.00 - $60.50, Wtd Avg $58.53, 5 Day Rolling Avg $59.10
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 328

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

Barrows & Gilts (live basis, 240-320 lbs): 839

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

Canada 416 Iowa 125,720
Illinois 26,797 Indiana 21,625
Kansas 2,113 Kentucky 1,379
Maryland 112 Michigan 9,032
Minnesota 47,371 Missouri 3,574
Mississippi 264 Montana 439
North Carolina 14,536 North Dakota 175
Nebraska 15,121 New York 167
Ohio 14,326 Oklahoma 2,004
Pennsylvania 3,632 South Carolina 360
South Dakota 9,524 Tennessee 640
Wisconsin 1,020
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*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

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