National Daily Direct Hog Prior Day - Purchased Swine

LM_HG200
Des Moines, Iowa Fri, Jan 24, 2020 USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
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 10,358 10,960 10,295
Other Market Formula (Futures/Options) 34,861 36,216 36,079
Swine or Pork Market Formula 112,035 109,367 149,880
Other Purchase Arrangement 80,238 82,931 67,377
Negotiated Formula 679 326 1,789
Packer Sold (all purchase types) 21,479 18,138 9,527
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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 8,833 33,686 105,606 76,052 679 224,856
Base Price 51.88 68.14 60.71 65.84 * 63.03
Packer Sold
Head Count 21,478
Base Price 58.57
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 10,533

Compared to the prior day, on a plant by plant basis, weighted average base
prices were 1.00 lower to 3.00 higher, mostly 0.50 to 2.25 higher. Moderate
market activity and demand.

Compared to Prior Day's closing weighted average (LM_HG200), 0.22 higher

Base Price Rng $47.00 - $54.50, Wtd Avg $52.14, 5 Day Rolling Avg $51.76
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 679

*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): 11,212

*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 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 57.00 53.00 58.36
0.8 46.00 53.00 47.00 53.66 50.00 54.76 51.50 56.00 53.00 57.31
0.9 46.00 52.50 47.00 53.00 47.00 54.00 50.00 55.00 52.50 57.00
1.0 44.00 50.50 46.00 52.50 47.00 53.50 50.00 54.50 51.50 56.00
1.1 43.00 49.18 46.00 50.50 47.00 53.00 47.00 54.00 51.50 55.00
1.2 43.00 47.61 44.00 48.71 46.00 52.50 47.00 53.50 50.00 54.50
1.4 39.50 42.50 41.93 46.00 43.02 48.50 44.12 52.50 45.58 53.50
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CARCASS WEIGHT DIFFERENTIALS

145# -32.00 -5.22 175# -4.00 1.00 205# -4.17 3.00
155# -30.00 0.00 185# -1.00 1.50 215# -4.17 3.00
165# -15.00 0.00 195# -1.04 3.00 225# -4.17 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 209.00 lb carcass, 0.66 inch back-fat,
7.14 square inch loin/2.38 inch loin depth, FFLI: 52.75%

Price Range $52.50 - $57.00
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 119,779

Base Price Range $50.78 - $78.34, Weighted Average $60.39
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NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,161

Compared to Prior Day's closing weighted average (LM_HG200), 0.62 higher

Base Price Rng $33.25 - $42.10, Wtd Avg $40.42, 5 Day Rolling Avg $40.19
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $--
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COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,161

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

Arkansas 1 Canada 309
Georgia 56 Iowa 87,155
Illinois 25,150 Indiana 18,022
Kansas 2,977 Kentucky 1,978
Michigan 7,274 Minnesota 43,139
Missouri 4,894 North Carolina 15,267
North Dakota 370 Nebraska 19,497
Ohio 16,686 Oklahoma 3,567
Pennsylvania 4,916 South Carolina 1,080
South Dakota 6,298 Tennessee 200
Wisconsin 494 Wyoming 320
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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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