LM_HG200 Des Moines, Iowa Fri, Apr 19, 2019 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, April 18, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 9,402 5,960 13,034 Other Market Formula (Futures/Options) 52,273 61,686 424,472 Swine or Pork Market Formula 124,581 128,615 134,477 Other Purchase Arrangement 62,962 65,179 74,562 Negotiated Formula 1,076 1,743 1,179 Packer Sold (all purchase types) 17,980 13,455 6,087 -------------------------------------------------------------------------------- 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 7,490 51,422 117,085 59,793 165 235,955 Base Price 77.30 86.38 79.41 80.42 * 81.06 Packer Sold Head Count 17,980 Base Price 81.78 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,563 Compared to the prior day, on a plant by plant basis, weighted average base prices were 1.76 lower to 4.59 higher, mostly steady to 1.00 higher. Moderate market activity with moderate to good demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.92 higher Base Price Rng $71.00 - $81.00, Wtd Avg $77.93, 5 Day Rolling Avg $77.11 --------------------------------------------------------------------------------- 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): 11,728 *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 75.00 81.60 76.50 83.20 77.50 84.80 78.00 86.41 78.00 88.55 0.5 72.00 81.60 75.00 83.20 77.50 84.80 78.00 86.41 78.00 88.55 0.6 72.00 80.07 75.00 81.67 76.50 83.28 77.50 84.88 78.00 87.02 0.7 72.00 78.54 72.00 80.14 75.00 81.75 77.50 83.35 78.00 85.49 0.8 71.00 77.01 72.00 78.62 75.00 80.22 76.50 81.82 78.00 83.96 0.9 71.00 76.00 72.00 77.09 72.00 78.69 75.00 80.30 77.50 82.50 1.0 69.00 74.50 71.00 76.00 72.00 77.16 75.00 80.00 76.50 81.50 1.1 68.00 73.00 71.00 76.00 72.00 77.00 72.00 77.50 76.50 81.50 1.2 68.00 73.00 69.00 74.00 71.00 76.00 72.00 77.00 74.50 80.00 1.4 59.82 69.50 61.43 73.00 63.03 74.00 64.63 76.00 66.77 77.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.64 175# -4.00 1.00 205# -6.11 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -6.11 3.00 165# -15.00 0.00 195# -1.53 3.00 225# -6.11 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.60 lb carcass, 0.65 inch back-fat, 7.36 square inch loin/2.45 inch loin depth, FFLI: 53.07% Price Range $77.50 - $83.35 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 129,419 Base Price Range $74.20 - $84.29, Weighted Average $79.67 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,635 Compared to Prior Day's closing weighted average (LM_HG200), 2.47 lower Price Rng $50.75 - $61.75, Wtd Avg $57.64, 5 Day Rolling Avg $58.61 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 739 *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): 2,374 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 647 Georgia 347 Iowa 101,137 Illinois 16,111 Indiana 19,918 Kansas 2,207 Kentucky 840 Michigan 7,934 Minnesota 57,498 Missouri 3,010 North Carolina 14,707 North Dakota 370 Nebraska 15,375 Ohio 15,861 Oklahoma 2,518 Pennsylvania 4,011 South Carolina 180 South Dakota 6,220 Wisconsin 981 -------------------------------------------------------------------------------- *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 .