National Daily Direct Hogs Afternoon
LM_HG203
Des Moines, Iowa                Tue, Aug 13, 2019               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Tuesday, August 13, 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                               10,496     10,496     19,046      7,555
Other Market Formula (Futures/Options)   32,331     32,331     32,081     53,167
Swine or Pork Market Formula            109,261    109,261    108,747    127,620
Other Purchase Arrangement              106,808    106,808     77,979     84,854
Negotiated Formula                          315        315        200      1,695
Packer Sold (all purchase types)         19,839     19,839     20,463      8,498
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 14,626

Compared to Prior Day's closing weighted average (LM_HG200),  1.26 higher

Base Price Rng $58.52 - $72.50, Wtd Avg $70.01, 5 Day Rolling Avg $71.29
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 315

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

Barrows & Gilts (carcass basis): 14,941

*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   64.00  76.50   65.50  78.00   66.50  79.00   67.50  79.50   68.00  79.50
0.5   61.00  76.00   64.00  77.00   66.50  78.00   67.00  79.00   68.00  79.50
0.6   61.00  75.00   64.00  76.00   65.50  77.00   66.50  78.00   67.50  79.00
0.7   61.00  74.00   61.00  75.00   64.00  76.50   66.50  77.00   67.00  78.50
0.8   60.00  73.25   61.00  74.00   64.00  75.00   65.50  76.50   67.00  78.00
0.9   60.00  71.50   61.00  73.25   61.00  74.00   64.00  75.50   66.50  76.50
1.0   58.00  70.00   60.00  71.50   61.00  73.25   64.00  74.00   65.50  75.50
1.1   57.00  67.50   60.00  70.00   61.00  71.50   61.00  73.25   65.50  74.75
1.2   57.00  67.50   58.00  67.50   60.00  70.00   61.00  71.50   64.00  74.00
1.4   52.19  61.50   53.59  67.50   54.99  67.50   56.39  68.00   58.25  71.50
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -6.67          175#   -4.00  1.00          205#   -5.33  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -5.33  3.00
    165#   -15.00  0.00          195#   -1.33  3.00          225#   -5.33  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 199.42 lb carcass, 0.67 inch back-fat,
7.14 square inch loin/2.38 inch loin depth, FFLI: 52.68%

Price Range $66.50 - $77.00
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 116,915

Base Price Range $67.17 - $89.69, Weighted Average $77.35
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 912

Compared to Prior Day's closing weighted average (LM_HG200), 0.22 higher

Price Rng $53.00 - $57.00, Wtd Avg $55.30, 5 Day Rolling Avg $57.13
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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): 912

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

Canada                  220               Iowa                 109,414
Illinois             18,228               Indiana               16,610
Kansas                3,399               Kentucky               2,255
Maryland                 60               Michigan               9,793
Minnesota            53,353               Missouri               4,875
Montana                 426               North Carolina        16,345
North Dakota            195               Nebraska              17,357
Ohio                 12,704               Oklahoma               1,110
Pennsylvania          4,268               South Dakota           7,163
Wisconsin             1,275
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*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

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