LM_HG200 Des Moines, Iowa Wed, Apr 17, 2019 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 16, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 8,202 11,613 10,439 Other Market Formula (Futures/Options) 49,755 42,993 67,826 Swine or Pork Market Formula 121,046 129,129 131,367 Other Purchase Arrangement 68,121 69,950 86,000 Negotiated Formula 820 1,218 1,226 Packer Sold (all purchase types) 19,101 18,580 12,728 -------------------------------------------------------------------------------- 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 7,294 48,562 113,367 65,057 160 234,440 Base Price 77.24 85.02 78.34 79.92 * 80.07 Packer Sold Head Count 18,410 Base Price 80.74 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,309 Compared to the prior day, on a plant by plant basis, weighted average base prices were 3.50 lower to 4.38 higher, mostly steady to 0.75 higher. Slow market activity with light to moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.81 higher Base Price Rng $70.00 - $79.25, Wtd Avg $77.38, 5 Day Rolling Avg $76.36 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 160 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 8,469 *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 73.00 80.88 74.50 82.47 75.50 84.06 76.50 85.65 77.00 87.77 0.5 70.00 80.88 73.00 82.47 75.50 84.06 76.00 85.65 77.00 87.77 0.6 70.00 79.37 73.00 80.96 74.50 82.55 75.50 84.14 76.50 86.26 0.7 70.00 77.85 70.00 79.44 73.00 81.03 75.50 82.62 76.00 84.74 0.8 69.00 76.75 70.00 77.93 73.00 80.00 74.50 81.50 76.00 83.23 0.9 69.00 76.00 70.00 77.00 70.00 78.00 73.00 80.00 75.50 82.50 1.0 67.00 74.50 69.00 76.00 70.00 77.00 73.00 80.00 74.50 81.50 1.1 66.00 73.00 69.00 76.00 70.00 77.00 70.00 77.00 74.50 81.50 1.2 66.00 73.00 67.00 74.00 69.00 76.00 70.00 77.00 73.00 80.00 1.4 59.30 69.50 60.89 73.00 62.48 74.00 64.07 76.00 66.19 77.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.57 175# -3.00 1.00 205# -6.06 3.00 155# -30.00 0.00 185# -0.25 2.00 215# -6.06 3.00 165# -15.00 0.00 195# -1.51 3.00 225# -6.06 2.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 202.40 lb carcass, 0.67 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.67% Price Range $75.50 - $82.62 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 127,060 Base Price Range $74.12 - $82.70, Weighted Average $78.60 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 605 Compared to Prior Day's closing weighted average (LM_HG200), 1.08 higher Price Rng $54.82 - $61.50, Wtd Avg $58.93, 5 Day Rolling Avg $58.67 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 656 *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): 1,261 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN California 231 Canada 172 Georgia 180 Iowa 99,131 Illinois 16,932 Indiana 26,476 Kansas 3,131 Kentucky 675 Maryland 159 Michigan 8,196 Minnesota 50,812 Missouri 3,815 Montana 774 North Carolina 14,916 Nebraska 15,024 New York 169 Ohio 11,422 Oklahoma 2,222 Pennsylvania 4,044 South Dakota 7,082 Utah 691 Wisconsin 791 -------------------------------------------------------------------------------- *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 .