USDA AM Daily Direct Hogs
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9/25 11:00 AM
USDA AM Daily Direct Hogs 09/25 11:00 LM_HG202 Des Moines, Iowa Tue, Sep 25, 2018 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, September 25, 2018 (Includes information from 1:30 PM to 9:30 AM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 10,726 7,931 6,688 3,587 Other Market Formula (Futures/Options) 27,354 25,699 20,715 13,150 Swine or Pork Market Formula 101,211 91,293 79,455 104,673 Other Purchase Arrangement 87,800 83,644 64,068 51,852 Negotiated Formula 1,699 1,359 1,582 2,473 Packer Sold (all purchase types) 6,370 6,370 6,999 11,183 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,366 Compared to Prior Day's closing weighted average (LM_HG200), 1.71 higher Base Price Rng $54.00 - $64.00, Wtd Avg $62.31, 5 Day Rolling Avg $58.92 -------------------------------------------------------------------------------- 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): 7,366 *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 57.00 64.57 58.50 65.84 59.50 67.11 60.50 68.38 61.00 70.07 0.5 54.00 64.57 57.00 65.84 59.50 67.11 60.00 68.38 61.00 70.07 0.6 54.00 63.36 57.00 64.63 58.50 65.90 59.50 67.17 60.50 68.86 0.7 54.00 62.15 54.00 63.42 57.00 64.69 59.50 65.96 60.00 67.65 0.8 53.00 61.00 54.00 62.21 57.00 63.48 58.50 64.75 60.00 66.45 0.9 53.00 60.50 54.00 61.00 54.00 62.27 57.00 63.54 59.50 65.24 1.0 51.00 58.53 53.00 60.50 54.00 61.50 57.00 62.50 58.50 64.03 1.1 50.00 57.01 53.00 58.50 54.00 61.00 54.00 62.00 58.50 63.00 1.2 50.00 55.20 51.00 56.50 53.00 60.50 54.00 61.50 57.00 62.50 1.4 46.50 50.50 48.61 54.00 49.88 56.50 51.15 60.50 52.84 61.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -6.05 175# -4.00 1.00 205# -4.84 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -4.84 3.00 165# -15.00 0.00 195# -1.21 3.00 225# -4.84 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.43 lb carcass, 0.67 inch back-fat, 6.96 square inch loin/2.32 inch loin depth, FFLI: 52.56% Price Range $59.50 - $65.96 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 91,028 Base Price Range $52.45 - $74.62, Weighted Average $64.15 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 565 Compared to Prior Day's closing weighted average (LM_HG200), 0.96 higher Price Rng $35.00 - $48.00, Wtd Avg $45.71, 5 Day Rolling Avg $43.50 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,578 *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): 2,143 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 300 Georgia 180 Iowa 98,211 Illinois 15,663 Ind
 
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