LM_HG200 Des Moines, Iowa Wed, May 01, 2019 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 30, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,629 7,780 11,965 Other Market Formula (Futures/Options) 35,679 45,978 39,656 Swine or Pork Market Formula 121,584 119,457 123,880 Other Purchase Arrangement 69,337 87,643 81,189 Negotiated Formula 1,477 827 1,756 Packer Sold (all purchase types) 20,680 20,174 12,031 -------------------------------------------------------------------------------- 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 6,359 34,363 113,747 65,523 492 220,484 Base Price 79.77 81.96 80.41 79.95 * 80.32 Packer Sold Head Count 19,563 Base Price 84.05 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,229 Compared to the prior day, on a plant by plant basis, weighted average base prices were 0.67 lower to 2.04 higher, trading occurred throughout the full range. Moderate market activity and demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.66 higher Base Price Rng $72.00 - $83.25, Wtd Avg $80.45, 5 Day Rolling Avg $80.36 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 492 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 9,721 *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 83.68 76.50 85.32 77.50 86.97 78.50 88.61 79.00 90.81 0.5 72.00 83.68 75.00 85.32 77.50 86.97 78.00 88.61 79.00 90.81 0.6 72.00 82.11 75.00 83.76 76.50 85.40 77.50 87.05 78.50 89.24 0.7 72.00 80.54 72.00 82.19 75.00 83.83 77.50 85.48 78.00 87.67 0.8 71.00 79.00 72.00 80.62 75.00 82.27 76.50 83.91 78.00 86.11 0.9 71.00 77.41 72.00 79.06 72.00 80.70 75.00 82.35 77.50 84.54 1.0 69.00 77.00 71.00 77.49 72.00 79.13 75.00 81.00 76.50 82.97 1.1 68.00 75.00 71.00 77.00 72.00 78.00 72.00 78.82 76.50 82.50 1.2 68.00 74.00 69.00 75.00 71.00 77.00 72.00 78.00 75.00 81.00 1.4 61.35 70.50 62.99 74.00 64.64 75.00 66.28 77.00 68.48 78.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.84 175# -3.00 1.00 205# -6.27 3.00 155# -30.00 0.00 185# -0.25 2.00 215# -6.27 3.00 165# -15.00 0.00 195# -1.57 3.00 225# -6.27 2.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.60 lb carcass, 0.69 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.26% Price Range $77.50 - $85.48 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 127,217 Base Price Range $72.07 - $87.04, Weighted Average $80.87 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,129 Compared to Prior Day's closing weighted average (LM_HG200), 0.48 higher Price Rng $58.50 - $63.75, Wtd Avg $61.59, 5 Day Rolling Avg $61.87 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 821 *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): 1,950 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN California 187 Canada 222 Georgia 180 Iowa 95,215 Illinois 18,071 Indiana 17,756 Kansas 2,067 Kentucky 845 Maryland 76 Maine 175 Michigan 10,184 Minnesota 48,757 Missouri 3,906 Montana 912 North Carolina 14,181 North Dakota 180 Nebraska 15,481 New York 341 Ohio 11,345 Oklahoma 2,504 Pennsylvania 2,880 South Dakota 8,397 Utah 1,117 Wisconsin 1,407 -------------------------------------------------------------------------------- *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 .