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USDA-LM: National Daily Direct Hogs Afternoon

Des Moines, Iowa - Fri, Feb 09, 2018 - USDA Market News


NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, February 9, 2018
(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                                7,016      7,016      9,037      9,280
Other Market Formula (Futures/Options)   35,077     35,077     28,807     50,755
Swine or Pork Market Formula            146,948    146,948    136,292    160,746
Other Purchase Arrangement               81,691     81,691     78,219     60,925
Negotiated Formula                        1,375      1,375        949      2,091
Packer Sold (all purchase types)          7,772      7,772      6,077     16,758
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,880

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

Base Price Rng $61.00 - $72.50, Wtd Avg $69.72, 5 Day Rolling Avg $71.42
--------------------------------------------------------------------------------
               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): 4,880

*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   64.00  74.14   65.50  75.60   66.50  77.06   67.50  78.51   68.00  80.46
0.5   61.00  74.14   64.00  75.60   66.50  77.06   67.00  78.51   68.00  80.46
0.6   61.00  72.75   64.00  74.21   65.50  75.67   66.50  77.13   67.50  79.07
0.7   61.00  71.36   61.00  72.82   64.00  74.28   66.50  75.74   67.00  77.68
0.8   60.00  69.98   61.00  71.43   64.00  72.89   65.50  74.35   67.00  76.29
0.9   60.00  68.59   61.00  70.04   61.00  71.50   64.00  72.96   66.50  74.90
1.0   58.00  67.20   60.00  68.66   61.00  70.11   64.00  71.57   65.50  73.52
1.1   57.00  65.46   60.00  66.92   61.00  68.50   61.00  69.84   65.50  71.78
1.2   57.00  63.38   58.00  64.84   60.00  68.00   61.00  69.00   64.00  70.00
1.4   53.50  56.50   55.81  61.00   57.00  64.00   58.73  68.00   60.00  69.00
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -6.94          175#   -4.00  1.00          205#   -5.55  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -5.55  3.00
    165#   -15.00  0.00          195#   -1.39  3.00          225#   -5.55  2.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.63 lb carcass, 0.64 inch back-fat,
7.17 square inch loin/2.39 inch loin depth, FFLI: 53.12%

Price Range $66.50 - $77.13
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 145,553

Base Price Range $65.74 - $77.58, Weighted Average $72.26
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,632

Compared to Prior Day's closing weighted average (LM_HG200), 0.92 lower

Price Rng $52.25 - $59.00, Wtd Avg $54.81, 5 Day Rolling Avg $55.27
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,010

*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): 3,642

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

Alabama                  34               Canada                   682
Georgia                 284               Iowa                 121,752
Illinois             20,060               Indiana               17,608
Kansas                3,604               Kentucky               1,335
Michigan              4,886               Minnesota             45,463
Missouri              2,250               Mississippi              338
Montana                 171               North Carolina        14,671
North Dakota            395               Nebraska              20,550
New York                340               Ohio                  10,416
Oklahoma              3,035               Pennsylvania           3,586
South Dakota          7,369               Tennessee                565
Wisconsin               485
--------------------------------------------------------------------------------
*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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