LM_HG200 Des Moines, Iowa Tue, Apr 23, 2019 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, April 22, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,446 7,505 8,023 Other Market Formula (Futures/Options) 66,352 59,651 58,198 Swine or Pork Market Formula 95,275 120,204 128,244 Other Purchase Arrangement 123,476 166,993 172,645 Negotiated Formula 510 878 160 Packer Sold (all purchase types) 16,071 17,991 10,657 -------------------------------------------------------------------------------- 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 6,395 64,987 87,560 121,775 0 280,717 Base Price 79.98 89.26 80.30 76.20 * 80.59 Packer Sold Head Count 15,956 Base Price 83.22 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,820 Compared to the prior day, on a plant by plant basis, weighted average base prices were unchanged to 3.75 higher, the market trend is not well established. Slow market activity with light demand due to the Easter Observance. Compared to Prior Day's closing weighted average (LM_HG200), 0.73 lower Base Price Rng $77.00 - $83.00, Wtd Avg $80.21, 5 Day Rolling Avg $78.51 --------------------------------------------------------------------------------- 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): 7,820 *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 *Price not reported due to confidentiality* --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.95 175# -4.00 1.00 205# -6.36 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -6.36 3.00 165# -15.00 0.00 195# -1.59 3.00 225# -6.36 2.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 100,225 Base Price Range $74.99 - $86.02, Weighted Average $80.75 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 557 Compared to Prior Day's closing weighted average (LM_HG200), 0.69 lower Price Rng $55.00 - $64.00, Wtd Avg $60.47, 5 Day Rolling Avg $59.40 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 348 *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): 905 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 115 Iowa 179,802 Illinois 12,620 Indiana 23,320 Kansas 638 Kentucky 710 Michigan 8,014 Minnesota 33,649 Missouri 3,553 Mississippi 286 Montana 730 North Carolina 12,934 North Dakota 365 Nebraska 9,118 Ohio 13,041 Oklahoma 1,538 Pennsylvania 3,758 South Dakota 4,652 Wisconsin 287 -------------------------------------------------------------------------------- *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 .