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7/23 11:05 AM
USDA AM Daily Direct Hogs 07/23 11:05
LM_HG202
Des Moines, Iowa Tue, Jul 23, 2019 USDA Market News
NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, July 23, 2019
(Includes information from 1:30 PM to 9:30 AM.)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 6,266 4,044 3,297 8,883
Other Market Formula (Futures/Options) 31,209 29,000 31,673 22,502
Swine or Pork Market Formula 88,894 79,511 74,269 97,339
Other Purchase Arrangement 59,938 51,838 53,675 73,466
Negotiated Formula 0 0 42 1,896
Packer Sold (all purchase types) 15,717 15,717 14,470 8,320
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,092
Compared to Prior Day's closing weighted average (LM_HG200), 0.94 higher
Base Price Rng $64.00 - $82.00, Wtd Avg $77.03, 5 Day Rolling Avg $73.40
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NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $--
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COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 6,092
*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 67.00 78.66 68.50 80.20 69.50 81.75 70.50 83.30 71.00 85.36
0.5 64.00 78.66 67.00 80.20 69.50 81.75 70.00 83.30 71.00 85.36
0.6 64.00 77.19 67.00 78.73 68.50 80.28 69.50 81.83 70.50 83.89
0.7 64.00 75.71 64.00 77.26 67.00 78.81 69.50 80.35 70.00 82.41
0.8 63.00 74.50 64.00 75.79 67.00 77.33 68.50 78.88 70.00 80.94
0.9 63.00 74.00 64.00 74.50 64.00 75.86 67.00 77.41 69.50 79.47
1.0 61.00 72.00 63.00 74.00 64.00 75.00 67.00 76.00 68.50 78.00
1.1 60.00 70.00 63.00 72.00 64.00 74.50 64.00 75.50 68.50 76.50
1.2 60.00 67.24 61.00 70.00 63.00 74.00 64.00 75.00 67.00 76.00
1.4 56.50 62.50 59.21 67.00 60.76 70.00 62.31 74.00 64.00 75.00
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CARCASS WEIGHT DIFFERENTIALS
145# -32.00 -7.37 175# -4.00 1.00 205# -5.89 3.00
155# -30.00 0.00 185# -1.00 1.50 215# -5.89 3.00
165# -15.00 0.00 195# -1.47 3.00 225# -5.89 1.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog: 199.59 lb carcass, 0.72 inch back-fat,
6.90 square inch loin/2.30 inch loin depth, FFLI: 51.74%
Price Range $69.50 - $80.35
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SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (carcass basis): 87,546
Base Price Range $67.45 - $82.18, Weighted Average $75.41
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NEGOTIATED PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 593
Compared to Prior Day's closing weighted average (LM_HG200), 0.62 higher
Price Rng $54.25 - $59.00, Wtd Avg $55.79, 5 Day Rolling Avg $54.95
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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 & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)
Barrows & Gilts (live basis, 240-320 lbs): 593
*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 715 Iowa 68,384
Illinois 11,792 Indiana 6,355
Kansas 3,353 Kentucky 1,409
Michigan 4,400
