LM_HG200 Des Moines, Iowa Thu, May 09, 2019 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, May 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 8,229 9,580 9,854 Other Market Formula (Futures/Options) 33,800 35,192 29,425 Swine or Pork Market Formula 123,158 127,171 138,253 Other Purchase Arrangement 69,227 66,841 86,434 Negotiated Formula 1,637 1,585 1,345 Packer Sold (all purchase types) 19,041 23,598 7,761 -------------------------------------------------------------------------------- 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 5,999 32,275 113,206 65,186 665 217,331 Base Price 79.18 82.82 80.09 80.38 * 80.31 Packer Sold Head Count 18,276 Base Price 83.60 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,299 Compared to the prior day, on a plant by plant basis, weighted average base prices were 0.19 lower to 1.21 higher, mostly steady with a few 1.00 higher. Moderate market activity and demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.38 higher Base Price Rng $72.00 - $83.00, Wtd Avg $79.65, 5 Day Rolling Avg $79.27 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 665 *Price not reported due to confidentiality* 5 Day Rolling Avg $80.84 --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 9,964 *Price not reported due to confidentiality* 5 Day Rolling Avg $79.13 --------------------------------------------------------------------------------- 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# -30.00 -7.77 175# -3.25 1.00 205# -6.21 3.00 155# -30.00 0.00 185# -1.50 1.50 215# -6.21 3.00 165# -15.00 0.00 195# -1.55 3.00 225# -6.21 1.00 --------------------------------------------------------------------------------- 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): 125,624 Base Price Range $71.76 - $86.37, Weighted Average $80.54 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,443 Compared to Prior Day's closing weighted average (LM_HG200), 0.32 lower Price Rng $56.50 - $63.50, Wtd Avg $61.48, 5 Day Rolling Avg $61.80 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 820 *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): 2,263 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 248 Iowa 92,590 Illinois 17,954 Indiana 19,598 Kansas 3,150 Kentucky 559 Michigan 7,196 Minnesota 46,930 Missouri 4,283 Montana 629 North Carolina 15,616 Nebraska 16,826 New York 282 Ohio 16,006 Oklahoma 2,685 Pennsylvania 3,282 South Carolina 540 South Dakota 7,626 Utah 582 Wisconsin 160 -------------------------------------------------------------------------------- *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 .