LM_HG200 Des Moines, Iowa Tue, Apr 09, 2019 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, April 8, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,738 6,673 8,763 Other Market Formula (Futures/Options) 55,361 65,631 27,757 Swine or Pork Market Formula 123,721 124,992 127,639 Other Purchase Arrangement 167,682 172,020 178,039 Negotiated Formula 1,014 611 2,075 Packer Sold (all purchase types) 16,555 17,220 11,259 -------------------------------------------------------------------------------- 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 6,135 53,651 118,249 163,765 0 341,800 Base Price 74.75 78.20 76.80 73.97 * 75.63 Packer Sold Head Count 16,555 Base Price 79.53 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,225 Compared to the prior day, on a plant by plant basis, weighted average base prices were 1.24 lower to 2.50 higher, mostly steady to 0.50 lower with a few 1.75 higher. Slow market activity with light to moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.39 lower Base Price Rng $67.50 - $78.00, Wtd Avg $75.39, 5 Day Rolling Avg $75.66 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 8,225 *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 70.50 80.52 72.00 82.10 73.00 83.68 74.00 85.27 74.50 87.38 0.5 67.50 80.52 70.50 82.10 73.00 83.68 73.50 85.27 74.50 87.38 0.6 67.50 79.01 70.50 80.59 72.00 82.18 73.00 83.76 74.00 85.87 0.7 67.50 77.50 67.50 79.08 70.50 80.67 73.00 82.25 73.50 84.36 0.8 66.50 75.99 67.50 77.58 70.50 79.16 72.00 80.74 73.50 82.85 0.9 66.50 74.49 67.50 76.07 67.50 77.65 70.50 79.23 72.00 81.35 1.0 64.50 73.00 66.50 74.56 67.50 76.14 70.50 77.73 72.00 79.84 1.1 63.50 71.09 66.50 73.00 67.50 74.26 67.50 75.84 71.00 78.50 1.2 63.50 70.00 64.50 71.00 66.50 73.00 67.00 74.00 69.00 77.00 1.4 59.00 66.50 60.61 70.00 62.00 71.00 63.78 73.00 65.00 74.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.54 175# -3.00 1.00 205# -6.03 3.00 155# -30.00 0.00 185# -0.25 2.00 215# -6.03 3.00 165# -15.00 0.00 195# -1.51 3.00 225# -6.03 2.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.10 lb carcass, 0.64 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 53.15% Price Range $73.00 - $83.76 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 129,707 Base Price Range $70.69 - $82.14, Weighted Average $77.08 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,226 Compared to Prior Day's closing weighted average (LM_HG200), 1.90 lower Price Rng $54.00 - $60.75, Wtd Avg $57.69, 5 Day Rolling Avg $57.93 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 875 *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): 2,101 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 148 Georgia 180 Iowa 189,838 Illinois 24,008 Indiana 21,543 Kansas 1,819 Kentucky 1,676 Michigan 9,037 Minnesota 50,456 Missouri 5,232 Montana 730 North Carolina 15,068 North Dakota 355 Nebraska 18,499 Ohio 18,494 Oklahoma 1,527 Pennsylvania 4,168 South Carolina 360 South Dakota 6,923 Tennessee 1,784 Wisconsin 452 -------------------------------------------------------------------------------- *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 .