LM_HG200
Des Moines, Iowa Fri, Dec 07, 2018 USDA Market News
NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Thursday, December 6, 2018
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Actual Actual Actual
Prior Day Week Ago Year Ago
Producer Sold
Negotiated 7,159 9,266 7,528
Other Market Formula (Futures/Options) 38,366 30,926 54,874
Swine or Pork Market Formula 132,841 135,750 149,243
Other Purchase Arrangement 80,929 78,114 65,652
Negotiated Formula 2,320 1,744 1,614
Packer Sold (all purchase types) 10,582 10,430 11,982
--------------------------------------------------------------------------------
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 5,287 38,190 125,473 76,948 1,005 246,903
Base Price 47.41 56.44 54.09 60.11 * 55.97
Packer Sold
Head Count 10,412
Base Price 51.82
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 5,287
Compared to the prior day, on a plant by plant basis, weighted average base
prices were unchanged to 2.00 lower, the market trend is not well established.
Slow market activity with light demand.
Compared to Prior Day's closing weighted average (LM_HG200), 0.14 lower
Base Price Rng $44.00 - $48.52, Wtd Avg $47.41, 5 Day Rolling Avg $48.41
---------------------------------------------------------------------------------
NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 1,005
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
---------------------------------------------------------------------------------
COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,292
*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 49.00 51.82 50.50 52.84 51.50 53.86 52.50 54.88 53.00 56.23
0.5 46.00 51.82 49.00 52.84 50.25 53.86 51.75 54.88 51.75 56.23
0.6 46.00 50.85 48.75 51.87 50.25 52.89 50.25 53.91 51.75 55.26
0.7 46.00 49.88 46.00 50.90 48.75 51.92 48.75 52.94 50.25 54.29
0.8 45.00 48.91 46.00 49.93 47.25 50.95 47.25 51.96 48.75 53.32
0.9 44.25 47.94 46.00 48.96 46.00 49.98 47.25 50.99 47.25 52.35
1.0 43.00 46.97 44.25 47.99 44.25 49.01 46.25 50.02 47.25 51.38
1.1 42.00 45.75 42.25 46.77 44.25 47.79 44.25 48.81 46.25 50.50
1.2 40.25 44.30 40.25 45.32 42.25 46.34 42.25 47.36 44.25 49.00
1.4 34.25 38.50 37.25 42.01 37.25 43.00 40.25 45.00 40.25 46.01
---------------------------------------------------------------------------------
CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -4.85 175# -3.00 1.00 205# -3.88 3.00
155# -30.00 0.00 185# -0.25 1.50 215# -3.88 3.00
165# -15.00 0.00 195# -0.97 3.00 225# -3.88 1.00
---------------------------------------------------------------------------------
MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 199.50 lb carcass, 0.63 inch back-fat,
7.11 square inch loin/2.37 inch loin depth, FFLI: 53.29%
Price Range $50.25 - $53.91
---------------------------------------------------------------------------------
SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 132,437
Base Price Range $44.59 - $68.12, Weighted Average $53.99
--------------------------------------------------------------------------------
NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,016
Compared to Prior Day's closing weighted average (LM_HG200), 0.84 higher
Price Rng $36.00 - $40.00, Wtd Avg $38.11, 5 Day Rolling Avg $38.72
--------------------------------------------------------------------------------
NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 1,455
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 2,471
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 65 Georgia 340
Iowa 99,167 Illinois 22,183
Indiana 23,384 Kansas 2,068
Kentucky 2,366 Michigan 9,154
Minnesota 43,563 Missouri 2,810
Montana 56 North Carolina 16,404
North Dakota 730 Nebraska 16,825
Ohio 15,178 Oklahoma 2,979
Pennsylvania 4,498 South Carolina 180
South Dakota 7,499 Tennessee 2,263
Wisconsin 485
--------------------------------------------------------------------------------
*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
.