USDA ECB Daily Direct Hogs (PM)
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3/21 3:05 PM
USDA ECB Daily Direct Hogs (PM) 03/21 15:05 LM_HG210 Des Moines, Iowa Thu, Mar 21, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, March 21, 2019 (Includes information from 1:30 PM to 1:30 PM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 4,120 4,120 3,624 8,034 Other Market Formula (Futures/Options) 33,998 33,998 99,429 8,307 Swine or Pork Market Formula 32,063 32,063 32,833 37,686 Other Purchase Arrangement 34,907 34,907 36,786 31,689 Negotiated Formula 1,206 1,206 1,812 1,447 Packer Sold (all purchase types) 9,625 9,625 9,918 2,158 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,991 Compared to Prior Day's closing weighted average (LM_HG207), no comparision Base Price Rng $57.00 - $62.26, Wtd Avg $60.35, 5 Day Rolling Avg $60.35 -------------------------------------------------------------------------------- - NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 2,991 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- - 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 60.00 66.26 61.50 67.76 62.50 68.76 63.50 69.26 64.00 70.18 0.5 57.00 65.76 60.00 66.76 62.50 67.76 63.00 68.76 64.00 70.18 0.6 57.00 64.76 60.00 65.76 61.50 66.76 62.50 67.76 63.50 68.97 0.7 57.00 63.76 57.00 64.76 60.00 66.26 62.50 66.76 63.00 68.26 0.8 56.00 63.01 57.00 63.76 60.00 64.76 61.50 66.26 63.00 67.76 0.9 56.00 61.26 57.00 63.01 57.00 63.76 60.00 65.26 62.50 66.26 1.0 54.00 59.76 56.00 61.26 57.00 63.01 60.00 63.76 61.50 65.26 1.1 53.00 57.26 56.00 59.76 57.00 61.26 57.00 63.01 61.26 64.51 1.2 53.00 57.26 54.00 57.26 56.00 59.76 57.00 61.26 60.00 63.76 1.4 47.41 51.26 48.68 57.26 49.95 57.26 51.23 57.26 52.92 61.26 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -20.00 -6.06 175# -1.50 0.00 205# -4.84 0.00 155# -11.82 0.00 185# 0.00 0.00 215# -4.84 0.00 165# -5.00 0.00 195# -1.21 0.00 225# -4.84 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 183.97 lb carcass, 0.60 inch back-fat, 6.78 square inch loin/2.26 inch loin depth, FFLI: 53.77% Price Range $62.50 - $67.76 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 32,102 Base Price Range $53.97 - $70.35, Weighted Average $60.95 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 506 *Price not reported due to confidentiality* 5 Day Rolling Avg $42.26 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 426 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 932 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 18,039 Indiana 33,752 Kentucky 862 Maryland 75 Michigan 9,436 North Carolina 15,227 New York 173 Ohio 21,887 Pennsylvania 3,335 South Carolina 540 Wisconsin 495 -------------------------------------------------------------------------------- *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. 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 1500C
 
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