National Daily Direct Hog Prior Day - Purchased Swine

LM_HG200	***RESENDING FOR CORRECTIONS ON LIVE NEGOTIATED HOGS***
Des Moines, Iowa Fri, Nov 08, 2019 USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, November 7, 2019

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

Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 5,032 7,360 7,930
Other Market Formula (Futures/Options) 29,893 35,416 30,072
Swine or Pork Market Formula 114,873 112,354 128,282
Other Purchase Arrangement 79,666 146,645 76,389
Negotiated Formula 986 330 1,162
Packer Sold (all purchase types) 18,664 16,655 9,105
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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 3,605 29,547 109,114 75,983 330 218,579
Base Price 45.19 63.99 58.35 65.36 * 61.24
Packer Sold
Head Count 18,487
Base Price 51.21
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 3,803

Compared to the prior day, on a plant by plant basis, weighted average base
prices were 0.06 to 1.36 lower, the market trend is not well established. Slow
market activity with light demand.

Compared to Prior Day's closing weighted average (LM_HG200), 0.20 lower

Base Price Rng $41.00 - $46.00, Wtd Avg $45.24, 5 Day Rolling Avg $46.44
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 330

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

Barrows & Gilts (carcass basis): 4,133

*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 44.00 49.11 45.50 50.50 46.50 51.50 47.50 52.50 48.00 53.29
0.5 41.00 49.11 44.00 50.07 46.50 51.50 47.00 52.00 48.00 53.29
0.6 41.00 48.19 44.00 49.15 45.50 50.50 46.50 51.50 47.50 52.50
0.7 41.00 47.27 41.00 48.23 44.00 49.20 46.50 51.50 47.00 52.00
0.8 40.00 46.35 41.00 47.31 44.00 49.00 45.50 50.50 47.00 52.00
0.9 40.00 45.43 41.00 46.39 41.00 47.36 44.00 49.00 46.50 51.50
1.0 38.00 44.51 40.00 45.47 41.00 46.44 44.00 49.00 45.50 50.50
1.1 37.00 43.36 40.00 45.00 41.00 46.00 41.00 46.26 45.50 50.50
1.2 37.00 42.00 38.00 43.00 40.00 45.00 41.00 46.00 44.00 49.00
1.4 33.00 38.50 36.97 42.00 37.93 43.00 38.90 45.00 40.19 46.00
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CARCASS WEIGHT DIFFERENTIALS

145# -20.00 -4.60 175# -1.50 0.00 205# -3.68 0.00
155# -11.82 0.00 185# 0.00 0.00 215# -3.68 0.00
165# -5.00 0.00 195# -0.92 0.00 225# -3.68 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 207.80 lb carcass, 0.64 inch back-fat,
7.51 square inch loin/2.50 inch loin depth, FFLI: 53.28%

Price Range $46.50 - $51.50
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 121,864

Base Price Range $41.99 - $76.44, Weighted Average $57.58
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,289

Compared to Prior Day's closing weighted average (LM_HG200), 3.13 higher

Base Price Rng $33.47 - $38.00, Wtd Avg $36.73, 5 Day Rolling Avg $38.32
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 656

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

Barrows & Gilts (live basis, 240-320 lbs): 1,945

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

Canada 190 Delaware 42
Georgia 165 Iowa 83,997
Illinois 22,656 Indiana 21,776
Kansas 3,650 Kentucky 1,025
Michigan 8,257 Minnesota 45,809
Missouri 4,020 North Carolina 14,043
North Dakota 170 Nebraska 13,740
Ohio 11,958 Oklahoma 3,336
Pennsylvania 4,533 South Carolina 900
South Dakota 8,355 Wisconsin 492
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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.
** 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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