National Daily Direct Hogs Afternoon
LM_HG203
Des Moines, Iowa                Fri, Feb 08, 2019               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, February 8, 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                                7,538      7,538     11,480      7,016
Other Market Formula (Futures/Options)   41,143     41,143     39,380     35,077
Swine or Pork Market Formula            155,413    155,413    175,181    146,948
Other Purchase Arrangement               78,942     78,942     87,803     81,691
Negotiated Formula                        1,262      1,262        685      1,375
Packer Sold (all purchase types)         13,095     13,095     10,686      7,772
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 6,623

Compared to Prior Day's closing weighted average (LM_HG200),  0.13 lower

Base Price Rng $45.00 - $50.00, Wtd Avg $49.43, 5 Day Rolling Avg $49.91
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 40

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
        COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 6,663

*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   48.00  53.33   49.50  54.50   50.50  55.50   51.00  56.50   51.00  57.87
0.5   45.00  53.33   48.00  54.37   50.50  55.50   51.00  56.47   51.00  57.87
0.6   45.00  52.33   48.00  53.38   49.50  54.50   50.50  55.50   51.00  56.87
0.7   45.00  51.33   45.00  52.38   48.00  53.43   50.50  55.50   51.00  56.00
0.8   44.00  50.33   45.00  51.38   48.00  53.00   49.50  54.50   51.00  56.00
0.9   44.00  49.33   45.00  50.38   45.00  51.43   48.00  53.00   50.50  55.50
1.0   42.00  48.33   44.00  49.38   45.00  50.43   48.00  53.00   49.50  54.50
1.1   41.00  47.08   44.00  49.00   45.00  50.00   45.00  50.23   49.50  54.50
1.2   41.00  46.00   42.00  47.00   44.00  49.00   45.00  50.00   48.00  53.00
1.4   36.00  42.50   40.14  46.00   41.19  47.00   42.24  49.00   43.64  50.00
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.99          175#   -4.00  1.00          205#   -3.99  3.00
    155#   -30.00  0.00          185#   -1.00  1.50          215#   -3.99  3.00
    165#   -15.00  0.00          195#   -1.00  3.00          225#   -3.99  1.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.46 lb carcass, 0.63 inch back-fat,
7.30 square inch loin/2.43 inch loin depth, FFLI: 53.35%

Price Range $50.50 - $55.50
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 159,274

Base Price Range $47.13 - $62.67, Weighted Average $53.60
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,877

Compared to Prior Day's closing weighted average (LM_HG200), 1.07 lower

Price Rng $30.75 - $42.00, Wtd Avg $38.50, 5 Day Rolling Avg $39.28
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,089

*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): 2,966

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

Arkansas                271               Canada                 1,951
Colorado                170               Georgia                  340
Iowa                121,470               Illinois              20,796
Indiana              23,865               Kansas                 1,957
Kentucky              1,008               Michigan               6,276
Minnesota            44,098               Missouri               3,179
Montana                 213               North Carolina        15,580
North Dakota            535               Nebraska              24,686
Ohio                 16,090               Oklahoma               2,851
Pennsylvania          2,514               South Carolina           360
South Dakota          7,071               Tennessee              1,451
Wisconsin               661
--------------------------------------------------------------------------------
*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



.