National Daily Direct Hogs Afternoon
LM_HG203
Des Moines, Iowa                Fri, Dec 13, 2019               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, December 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                               14,163     14,163      7,963      8,887
Other Market Formula (Futures/Options)   53,950     53,950     35,205     46,402
Swine or Pork Market Formula            149,562    149,562    133,476    165,120
Other Purchase Arrangement               94,598     94,598     89,952     94,890
Negotiated Formula                        1,237      1,237        833      1,956
Packer Sold (all purchase types)         21,972     21,972     17,260      8,993
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 18,093

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

Base Price Rng $42.00 - $50.00, Wtd Avg $47.94, 5 Day Rolling Avg $47.71
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 1,067

*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): 19,160

*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   46.50  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   45.50  50.64
1.2   38.00  44.71   39.00  45.74   41.00  46.77   41.50  47.79   43.50  49.17
1.4   33.50  38.34   36.50  39.75   36.50  42.00   39.50  46.00   39.50  47.00
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -4.90          175#   -4.00  1.00          205#   -3.92  3.00
    155#   -30.00  0.00          185#   -1.00  1.50          215#   -3.92  3.00
    165#   -15.00  0.00          195#   -0.98  3.00          225#   -3.92  1.00
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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): 154,747

Base Price Range $45.23 - $81.16, Weighted Average $57.24
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 796

Compared to Prior Day's closing weighted average (LM_HG200), 0.38 higher

Base Price Rng $32.50 - $40.50, Wtd Avg $36.74, 5 Day Rolling Avg $36.83
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 170

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

Barrows & Gilts (live basis, 240-320 lbs): 966

*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                122,328               Illinois              26,530
Indiana              27,827               Kansas                 2,766
Kentucky              3,629               Maryland                 170
Michigan              8,661               Minnesota             51,423
Missouri              3,982               Montana                  213
North Carolina       15,098               North Dakota             175
Nebraska             19,769               Ohio                  26,983
Oklahoma              3,242               Pennsylvania           4,689
South Carolina          360               South Dakota          12,769
Tennessee             1,946               Utah                      80
Wisconsin             1,097
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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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