East Cornbelt Dly Direct Prior Day Hog - Purchased Swine

LM_HG207
Des Moines, Iowa Fri, Jan 24, 2020 USDA Market News

EASTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, January 23, 2020

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

Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 5,122 6,259 3,715
Other Market Formula (Futures/Options) 10,857 13,046 13,658
Swine or Pork Market Formula 34,367 29,881 42,373
Other Purchase Arrangement 31,751 30,584 33,228
Negotiated Formula 335 326 787
Packer Sold (all purchase types) 8,691 8,841 410
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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 4,559 9,682 28,657 30,285 335 73,518
Base Price 52.95 69.28 59.35 69.09 * 64.00
Packer Sold
Head Count 8,691
Base Price *
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

Compared to Prior Day's closing weighted average (LM_HG207), 1.08 higher

Wtd Avg $52.95, 5 Day Rolling Avg $52.02
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):

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

Barrows & Gilts (carcass basis):

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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EASTERN CORNBELT 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 50.00 55.70 51.50 56.79 52.50 57.89 53.50 58.98 54.00 60.44
0.5 47.00 55.70 50.00 56.79 52.50 57.89 53.00 58.98 54.00 60.44
0.6 47.00 54.65 50.00 55.75 51.50 56.84 52.50 57.94 53.50 59.40
0.7 47.00 53.61 47.00 54.71 50.00 55.80 52.50 56.90 53.00 58.36
0.8 46.00 52.57 47.00 53.66 50.00 54.76 51.50 55.85 53.00 57.31
0.9 46.00 52.00 47.00 52.62 47.00 53.71 50.00 54.81 52.50 56.50
1.0 44.00 50.48 46.00 52.00 47.00 53.00 50.00 54.00 51.50 55.50
1.1 43.00 49.18 46.00 50.27 47.00 52.50 47.00 53.50 51.50 54.50
1.2 43.00 47.61 44.00 48.71 46.00 52.00 47.00 53.00 50.00 54.00
1.4 39.50 40.83 41.93 45.00 43.02 48.00 44.12 52.00 45.58 53.00
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CARCASS WEIGHT DIFFERENTIALS

145# -32.00 -5.22 175# -4.00 0.00 205# -4.17 0.00
155# -19.00 0.00 185# -1.00 0.00 215# -4.17 0.00
165# -9.00 0.00 195# -1.04 0.00 225# -4.17 0.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 198.70 lb carcass, 0.61 inch back-fat,
6.87 square inch loin/2.29 inch loin depth, FFLI: 53.46%

Price Range $52.50 - $57.94
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 37,348

Base Price Range $50.78 - $78.34, Weighted Average $58.85
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NEGOTIATED PURCHASE (Including Packer Sold)

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

*Price not reported due to confidentiality* 5 Day Rolling Avg $40.72
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

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

*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):

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

Georgia 56 Illinois 25,150
Indiana 18,022 Kentucky 1,978
Michigan 7,274 North Carolina 15,267
Ohio 16,686 Pennsylvania 4,916
South Carolina 1,080 Tennessee 200
Wisconsin 494
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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
0800C www.ams.usda.gov/market-news/livestock-poultry-grain



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