National Daily Direct Hogs Morning
LM_HG202
Des Moines, Iowa                Fri, Dec 13, 2019               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, December 13, 2019
(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                               12,322     10,718      5,595      5,655
Other Market Formula (Futures/Options)   34,635     33,067     27,214     34,094
Swine or Pork Market Formula            111,165    101,981     97,570    121,259
Other Purchase Arrangement               65,665     58,875     61,316     48,383
Negotiated Formula                          166        166        323      1,886
Packer Sold (all purchase types)         18,474     18,474     16,830      6,366
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 15,112

Compared to Prior Day's closing weighted average (LM_HG200),  0.37 higher

Base Price Rng $42.00 - $50.00, Wtd Avg $48.18, 5 Day Rolling Avg $47.80
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 166

*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): 15,278

*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   45.00  52.75   46.50  54.25   47.50  54.36   48.50  55.75   48.50  56.76
0.5   42.00  52.30   45.00  53.33   47.50  54.36   48.00  55.39   48.50  56.76
0.6   42.00  51.32   45.00  52.35   46.50  53.38   47.50  54.41   48.50  55.78
0.7   42.00  50.34   42.00  51.37   45.00  52.40   47.50  53.43   48.00  54.80
0.8   41.00  49.36   42.00  50.39   45.00  51.42   46.50  52.45   48.00  53.82
0.9   41.00  48.38   42.00  49.41   42.00  50.44   45.00  51.47   47.50  52.84
1.0   39.00  47.40   41.00  48.43   42.00  49.46   45.00  50.49   46.50  51.86
1.1   38.00  46.18   41.00  47.21   42.00  48.24   42.00  49.26   46.50  50.64
1.2   38.00  44.71   39.00  45.74   41.00  46.77   42.00  47.79   45.00  49.17
1.4   33.50  38.34   38.00  39.75   39.00  41.50   41.00  45.50   42.00  46.50
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.90          175#   -4.00  0.00          205#   -3.92  0.00
    155#   -27.75  0.00          185#   -1.00  0.00          215#   -3.92  0.00
    165#   -15.00  0.00          195#   -0.98  0.00          225#   -3.92  0.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 210.52 lb carcass, 0.72 inch back-fat,
7.08 square inch loin/2.36 inch loin depth, FFLI: 51.81%

Price Range $47.50 - $53.43
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 108,514

Base Price Range $45.23 - $81.16, Weighted Average $59.08
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 591

Compared to Prior Day's closing weighted average (LM_HG200), 0.16 higher

Base Price Rng $32.50 - $40.50, Wtd Avg $36.52, 5 Day Rolling Avg $36.58
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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): 591

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

Canada                1,565               Georgia                  180
Iowa                 80,077               Illinois              18,787
Indiana              12,644               Kansas                 2,720
Kentucky              1,410               Michigan               4,958
Minnesota            37,253               Missouri               3,893
Montana                 213               North Carolina        15,098
North Dakota            175               Nebraska              15,622
Ohio                 14,404               Oklahoma               3,127
Pennsylvania          2,497               South Carolina           360
South Dakota          7,414               Tennessee                804
Utah                     80
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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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