LM_HG200 Des Moines, Iowa Thu, Apr 04, 2019 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, April 3, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,863 10,300 19,417 Other Market Formula (Futures/Options) 37,999 52,178 52,880 Swine or Pork Market Formula 131,520 134,062 137,690 Other Purchase Arrangement 72,254 69,428 86,030 Negotiated Formula 765 1,219 1,663 Packer Sold (all purchase types) 15,379 15,337 12,410 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 5,496 36,644 121,225 68,476 165 232,006 Base Price 74.83 75.78 75.83 76.20 * 75.85 Packer Sold Head Count 14,931 Base Price 79.15 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,146 Compared to the prior day, on a plant by plant basis, weighted average base prices were 1.45 lower to 5.82 higher, the market trend is not well established. Slow market activity with light demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.06 lower Base Price Rng $67.00 - $78.50, Wtd Avg $75.22, 5 Day Rolling Avg $75.23 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 165 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 7,311 *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 70.00 80.00 71.50 81.50 72.50 82.86 73.50 84.43 74.00 86.52 0.5 67.00 79.73 70.00 81.29 72.50 82.86 73.00 84.43 74.00 86.52 0.6 67.00 78.50 70.00 79.80 71.50 81.37 72.50 82.94 73.50 85.03 0.7 67.00 77.50 67.00 78.50 70.00 80.00 72.50 81.44 73.00 83.53 0.8 66.00 76.75 67.00 77.50 70.00 78.50 71.50 80.00 73.00 82.04 0.9 66.00 75.00 67.00 76.75 67.00 77.50 70.00 79.00 72.50 80.55 1.0 64.00 73.50 66.00 75.00 67.00 76.75 70.00 77.50 71.50 79.05 1.1 63.00 71.00 66.00 73.50 67.00 75.00 67.00 76.75 71.50 78.25 1.2 63.00 71.00 64.00 71.00 66.00 73.50 67.00 75.00 70.00 77.50 1.4 58.45 65.50 60.02 71.00 61.59 71.00 63.15 72.00 65.24 75.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.47 175# -3.00 1.00 205# -5.97 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -5.97 3.00 165# -15.00 0.00 195# -1.49 3.00 225# -5.97 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.10 lb carcass, 0.67 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.66% Price Range $72.50 - $81.44 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 132,476 Base Price Range $69.61 - $81.96, Weighted Average $76.17 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,289 Compared to Prior Day's closing weighted average (LM_HG200), 0.07 lower Price Rng $52.84 - $59.75, Wtd Avg $57.47, 5 Day Rolling Avg $56.66 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 600 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,889 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 311 Iowa 98,781 Illinois 17,417 Indiana 20,750 Kansas 2,721 Kentucky 355 Michigan 10,156 Minnesota 45,719 Missouri 3,911 Montana 622 North Carolina 17,651 Nebraska 17,937 Ohio 15,443 Oklahoma 2,600 Pennsylvania 3,916 South Dakota 7,097 Utah 293 Wisconsin 950 -------------------------------------------------------------------------------- *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. ** Futures/Options 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 0800C .