USDA AM Daily Direct Hogs
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10/27 11:10 AM
USDA AM Daily Direct Hogs 10/27 11:10 LM_HG202 Des Moines, IA Tue, Oct 27, 2020 NATIONAL DAILY DIRECT HOGS MORNING CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 6,267 4,217 Other Market Formula 22,645 21,359 Swine/Pork Market Formula 105,690 98,183 Other Purchase Arrangement 59,196 49,545 Negotiated Formula 670 170 Pack. Sold (all purchase types) 24,492 23,402 -------------------------------------------------------------------------------- NEGOTIATED (CARCASS BASIS) Barrows & Gilts (carcass basis): 4,276 Base Price Rng $56.00 - $61.42 , Wtd Avg $61.32 , 5 Day Rolling Avg $60.08 -------------------------------------------------------------------------------- NEGOTIATED FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): 170 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED/NEGOTIATED FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): 4,446 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE/PORK MARKET FORMULA (CARCASS BASIS) Barrows & Gilts (carcass basis): 110,021 Base Price Rng $59.55 - $88.97 , Wtd Avg $75.98 -------------------------------------------------------------------------------- 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 59.00 65.60 60.50 66.89 61.50 68.18 62.50 69.47 63.00 71.19 0.5 56.00 65.60 59.00 66.89 61.50 68.18 62.00 69.47 63.00 71.19 0.6 56.00 64.37 59.00 65.66 60.50 66.95 61.50 68.24 62.50 69.96 0.7 56.00 63.14 56.00 64.43 59.00 65.72 61.50 67.01 62.00 68.73 0.8 55.00 61.91 56.00 63.20 59.00 64.49 60.50 65.78 62.00 67.50 0.9 55.00 60.68 56.00 61.97 56.00 63.26 59.00 64.55 61.00 66.27 1.0 53.00 59.45 55.00 60.74 56.00 62.03 59.00 63.32 60.50 65.04 1.1 52.00 57.92 55.00 59.21 56.00 60.50 56.00 61.79 60.00 63.51 1.2 52.00 56.08 53.00 57.37 55.00 58.66 56.00 59.95 58.00 61.67 1.4 48.00 48.50 49.38 52.00 50.67 53.00 51.96 55.00 53.68 56.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -27.75 -6.14 175# -3.00 .00 205# -2.46 .00 155# -27.75 .00 185# -.25 .00 215# -7.37 .00 165# -15.00 .00 195# -2.46 .00 225# -7.37 .00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.67 lb carcass , .70 inch back-fat , 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.13 Price Range $61.50 - $67.01 -------------------------------------------------------------------------------- NEGOTIATED (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): 321 *Price not reported due to confidentiality* , 5 Day Rolling Avg $47.37 -------------------------------------------------------------------------------- NEGOTIATED FORMULA (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): *Price not reported due to confidentiality* -------------------------------------------------------------------------------- COMBINED NEGOTIATED/NEGOTIATED FORMULA (LIVE BASIS) Barrows & Gilts (live basis, 240-320 lbs): 321 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 972 Iowa 71,680 Illinois 11,561 Indiana 8,136 Kansas 3,630 Kentucky 1,383 Maryland 60 Michigan 7,245 Minnesota 37,021 Missouri 2,935 Montana 424 North Carolina 13,965 North Dakota 175 Nebraska 12,259 Ohio 10,277 Oklahoma 2,032 Pennsylvania 3,245 South Carolina 340 South Dakota 3,030 Tennessee 677 Wisconsin 579 --------------------------------------------------------------------------------
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