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USDA PM Daily Direct Hogs
Headlines
2/22 3:40 PM
USDA PM Daily Direct Hogs 02/22 15:40 LM_HG203 ***CORRECTIONS TO NEGOTIATED PURCHASES*** Des Moines, Iowa Thu, Feb 22, 2018 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, February 22, 2018 (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 6,403 6,403 7,013 7,782 Other Market Formula (Futures/Options) 34,573 34,573 27,949 32,325 Swine or Pork Market Formula 141,082 141,082 141,233 128,189 Other Purchase Arrangement 78,638 78,638 77,300 64,352 Negotiated Formula 1,266 1,266 1,429 2,257 Packer Sold (all purchase types) 10,565 10,565 7,861 10,513 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,055 Compared to Prior Day's closing weighted average (LM_HG200), ***0.38 lower*** Base Price Rng ***$57.00 - $64.79, Wtd Avg $63.55***, 5 Day Rolling Avg $64.24 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,055 *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 60.00 68.79 61.50 70.29 62.50 71.29 63.50 71.81 64.00 73.58 0.5 57.00 68.29 60.00 69.29 62.50 70.47 63.00 71.81 64.00 73.58 0.6 57.00 67.29 60.00 68.29 61.50 69.29 62.50 70.54 63.50 72.32 0.7 57.00 66.29 57.00 67.29 60.00 68.79 62.50 69.29 63.00 71.05 0.8 56.00 65.54 57.00 66.29 60.00 67.29 61.50 68.79 63.00 70.29 0.9 56.00 63.79 57.00 65.54 57.00 66.29 60.00 67.79 62.50 68.79 1.0 54.00 62.29 56.00 63.79 57.00 65.54 60.00 66.29 61.50 67.79 1.1 53.00 59.87 56.00 62.29 57.00 63.79 57.00 65.54 61.50 67.04 1.2 53.00 59.79 54.00 59.79 56.00 62.29 57.00 63.79 60.00 66.29 1.4 49.50 53.79 51.05 59.79 52.38 59.79 53.71 59.79 55.49 63.79 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -6.35 175# -1.50 1.00 205# -5.08 3.00 155# -30.00 0.00 185# 0.00 2.00 215# -5.08 3.00 165# -15.00 0.00 195# -1.27 3.00 225# -5.08 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 201.57 lb carcass, 0.66 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.74% Price Range $62.50 - $69.29 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 140,977 Base Price Range $61.72 - $74.29, Weighted Average $67.05 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,022 Compared to Prior Day's closing weighted average (LM_HG200), 0.04 lower Price Rng $47.73 - $51.50, Wtd Avg $50.32, 5 Day Rolling Avg $50.45 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,581 *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): 2,603 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 233 Colorado 160 Georgia 540 Iowa 99,213 Illinois 22,457 Indiana 21,551 Kansas 2,083 Kentucky 1,890 Michigan 8,571 Minnesota 47,744 Missouri 2,342 Mississippi 340 Montana 442 North Carolina 14,888 North Dakota 545 Nebraska 20,827 New York 679 Ohio 12,396 Oklahoma 2,986 Pennsylvania 4,108 South Carolina 180 South Dakota 7,881 Wisconsin 471 -------------------------------------------------------------------------------- *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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