Daily Hog and Pork Summary - Agricultural Marketing Service

National Daily Hog and Pork Summary

Des Moines, Iowa

Fri,

Dec 27, 2019

USDA Livestock, Poultry & Grain Market News

DAILY DIRECT HOGS PLANT DELIVERED as of 1:30 PM

Negotiated Barrow and Gilt:

Carcass Base Price

NATIONAL - LM_HG203:

Range:

$43.00 - $50.50

Weighted Average:

$49.06

Change from Prior Day:

0.39 higher

Receipts:

11,322

IOWA/MINNESOTA - LM_HG206:

Live Price

$95

$85

$35.75 - $39.75

$38.63

$75

0.53 higher

$65

1,222

$55

Weekly National P.M. Wtd Avg

Weighted Average: Change from Prior Day:

WESTERN CORNBELT - LM_HG212:

$49.23 0.44 higher

$38.43 0.32 higher

$45

$35

J FMA 2019

MJ J

AS

2018

OND 5 Yr Avg

Weighted Average: Change from Prior Day:

EASTERN CORNBELT - LM_HG210:

$49.16 0.39 higher

$38.43 0.32 higher

Weekly Ham Primal Value

$100

$90

$80

Weighted Average: Change from Prior Day:

*Price not reported

$70

$38.83

due to confidentiality*

no comparison

$60

NATIONAL DAILY PORK REPORT FOB PLANT- LM_PK602:

Carcass Cutout Values

75.04

Change:

Primal Loin Primal Butt

71.82 93.44

Primal Picnic

73.93

Primal Rib

136.44

Primal Ham

64.89

Primal Belly

85.92

Total Loads

320.66

Pork Cuts

285.72 Lds

Trim/Process Pork

34.94 Lds

(-0.74) 2.64 0.67

(-3.08) 1.45

(-1.48) (-3.75)

Weekly USDA By-Product Drop Value (Hog):

3.61

DAILY EST. HOG SLAUGHTER UNDER FIS - SJ_LS710

Today (est)

483,000 Saturday: 416,000

Week Ago (est)

486,000

351,000

Year Ago (act)

467,000

438,000

Week to Date (est)

1,618,000

2,034,000

Same Period Last Week (est)

2,459,000

2,810,000

Same Period Last Year (act)

1,464,000

1,902,000

CME Lean Hog Close

High

Low

Settle

FEB

71.03

69.83 70.58

APR

78.63

77.55 77.88

MAY

84.95

84.10 84.33

JUN CME Lean Hog Delayed Futures

90.18

89.25 89.73

US Direct Delivered Feeder Pig Summary for Weekending 27-Dec-19

Formula, Cash, & Composite Wtd Avg Prices

Formula Cash

SEW

10-12 lb Basis

46.45 55.86

Feeder Pigs

40 lb Basis

58.72

$50

$40

J FMA 2019

MJ

J AS 2018

OND 5 Yr Avg

SEW Pigs - 10# Basis - Delivered

$80

$70

$60

$50

$40

$30

unchanged $20

$10

J

F MA 2019

MJ

J AS 2018

OND 5 Yr Avg

Pork Production

Change (-0.33) (-0.40) (-0.18) (-0.15)

610 590 570 550 530 510 490 470 450 430 410 390

J

F MA 2019.0

MJ

J AS 2018

OND 5 Yr Avg

USDA Livestock, Poultry & Grain Market News

Composite

Des Moines, Iowa

52.07

Phone: 515-284-4460

58.72

Email: Desm.LPGMN@ams.

USDA AMS Livestock, Poultry & Grain Market News Portal

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