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 .