Livestock Mandatory Reporting (LMR)

Pork Management Conference, New Orleans, LA

June 18, 2015

• History• Scope of LMR reporting• Swine definitions / purchase types• Comments, questions

History

• Original LMR Act of 1999 included Beef, Cattle, Lamb, and Swine; to re-authorize every 5 years

• Became effective on January 30, 2001• Statutory authority lapsed in 2005• Re-auth. from 2006-2010• 2013 LMR Pork• Re-auth. by September 30, 2015

• The primary function of the Livestock, Poultry, and Grain Market News Division (LPGMN) of the Livestock, Poultry, and Seed Program (LPS) is to compile and disseminate information that will aid producers, consumers, and distributors in the sale and purchase of livestock, meat, poultry, eggs, grains, and their related products regionally, nationally and internationally.

• Collect, analyze and disseminate timely, unbiased information

Who reports?• FSIS packers (annual): 125,000 cattle;

75,000 lambs; 100,000 swine per plant, 200,000 combined sows/boars at multiple locations

• AMS looks at the FSIS actual slaughter data annually to determine who may be falling in or out of the reporting thresholds (avg. in a 5 year period)

Data

• AMS receives between 30,000-50,000 LMR records daily

• 2 offices, St. Joseph, MO & Des Moines, IA• 14 market reporters, 3 supervisors• 5 auditors, 1 Compliance Manager• All LMR programming done by contractor

(maintenance and annual enhancements)

Forms

http://www.ams.usda.gov/AMSv1.0/LMRAdditionalInstructions

LMR Swine• 23 Companies• 45 Plants• 19 States• 20 daily reports released• 102 reports released every week

LMR:379/week; 1642/month; 19755/year

Reports• Regulations state we will currently release reports at specific time

frames:

• Daily Purchase (4 reports/1 nat’l, 3 regions):I. 8:00 am – prior day report, includes swine purchased from

midnight to midnight the previous day (200, 204, 207, 208 butchers) (230, 231, 232, 233 sows/boars)

II. 11:00 am – AM purchase, includes purchases between midnight and 9:30 am of the current reporting day (202, 205, 209, 211)

III. 3:00 pm – PM purchase, incudes purchases between midnight and 1:30 pm of the current day (203, 206, 210, 212)

• 10:00 am – Slaughter report, includes data from swine slaughtered the previous day (201, 213, 215)

• Weekly 250 and 214***records imported one hour prior to report release time***

Purchase types/definitions

Current Purchase Types

Datamart

• http://mpr.datamart.ams.usda.gov/

Swine Dashboard

http://mpr.datamart.ams.usda.gov/amsdashboard/swine/Swine_Dashboard_Option_1.html

Contact Information

Taylor Cox, LMR ChiefUSDA - AMS - Livestock, Poultry & Grain Market News

515-284-4460Visit us online at:

https://www.marketnews.usda.gov/mnp/ls-home

Sales Types• Negotiated: A sale that represents the “spot”

market. Delivery parameters, boxes within 14 days of agreement, combos within 10 days of agreement.

• Forward Sale: Designed to capture transactions that occur outside the traditional negotiated window. The delivery is beyond the negotiated window. Price determined by buyer-seller agreement.

• Formula Marketing Arrangement: Establishes prices off of publicly available quoted prices (ex. Market reports).