Daily Hog and Pork Summary

National Daily Hog and Pork Summary

Des Moines, Iowa

Fri,

Sep 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:

$48.39

Change from Prior Day:

0.60 lower

Receipts:

6,635

IOWA/MINNESOTA - LM_HG206:

Live Price

Weekly National P.M. Wtd Avg

$95

$85

$31.32 - $40.35

$38.27

$75

0.51 lower

$65

1,322

$55

Weighted Average: Change from Prior Day:

WESTERN CORNBELT - LM_HG212:

$49.11 1.32 lower

*Price not reported due to confidentiality*

$45

$35

J

F MA 2019

MJ J AS 2018

OND 5 Yr Avg

Weighted Average: Change from Prior Day:

$48.87 1.40 lower

*Price not reported due to confidentiality*

EASTERN CORNBELT - LM_HG210:

Weighted Average: Change from Prior Day:

*Price not reported

*Price not reported

due to confidentiality* due to confidentiality*

NATIONAL DAILY PORK REPORT FOB PLANT- LM_PK602:

Carcass Cutout Values

73.26

Change:

Primal Loin

69.94

Primal Butt

81.94

Primal Picnic

48.41

Primal Rib

108.30

Primal Ham

64.57

Primal Belly

113.54

Total Loads

229.18

Pork Cuts

194.35 Lds

Trim/Process Pork

34.83 Lds

1.25 0.72 (-1.35) (-2.49) (-1.36) 3.12 4.22

Weekly USDA By-Product Drop Value (Hog):

3.53

(-0.02)

Weekly Ham Primal Value

$85

$80

$75

$70

$65

$60

$55

$50

$45

$40

J FMA M J J

AS

OND

2019

2018

5 Yr Avg

SEW Pigs - 10# Basis - Delivered

$80 $70 $60 $50 $40 $30 $20

DAILY EST. HOG SLAUGHTER UNDER FIS - SJ_LS710

Today (est)

484,000 Saturday: 284,000

Week Ago (est)

440,000

202,000

Year Ago (act)

454,000

224,000

Week to Date (est)

2,362,000

2,646,000

Same Period Last Week (est)

2,386,000

2,588,000

Same Period Last Year (act)

2,335,000

2,559,000

CME Lean Hog Close

High

Low

Settle

OCT

65.45

63.93 65.28

DEC

71.75

68.78 69.85

FEB

77.55

74.78 75.80

APR CME Lean Hog Delayed Futures

82.93

80.40 81.35

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

Formula, Cash, & Composite Wtd Avg Prices

Formula Cash

SEW

10-12 lb Basis

41.65 33.55

Feeder Pigs

40 lb Basis

- 43.66

$10

J

F MA 2019

MJ

J AS 2018

OND 5 Yr Avg

Pork Production

590 570 550

Change 1.05 (-0.52) (-1.00) (-0.92)

530 510 490 470 450 430 410 390

J FMA 2019

MJ

J AS 2018

OND 5 Yr Avg

USDA Livestock, Poultry & Grain Market News

Composite

Des Moines, Iowa

37.44

Phone: 515-284-4460

43.66

Email: Desm.LPGMN@ams.

USDA AMS Livestock, Poultry & Grain Market News Portal

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