LM_HG202 Des Moines, Iowa Mon, Apr 08, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, April 8, 2019 (Includes information from 1:30 PM to 9:30 AM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 7,273 4,966 4,772 9,507 Other Market Formula (Futures/Options) 54,767 51,263 52,978 25,078 Swine or Pork Market Formula 121,189 110,626 127,967 139,839 Other Purchase Arrangement 177,212 167,935 158,430 175,868 Negotiated Formula 1,174 1,174 781 2,305 Packer Sold (all purchase types) 15,191 15,191 14,782 13,974 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,447 Compared to Prior Day's closing weighted average (LM_HG200), 1.11 lower Base Price Rng $67.00 - $77.00, Wtd Avg $74.67, 5 Day Rolling Avg $75.71 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 160 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,607 *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 70.00 80.52 71.50 82.10 72.50 83.68 73.50 85.27 74.00 87.38 0.5 67.00 80.52 70.00 82.10 72.50 83.68 73.00 85.27 74.00 87.38 0.6 67.00 79.01 70.00 80.59 71.50 82.18 72.50 83.76 73.50 85.87 0.7 67.00 77.50 67.00 79.08 70.00 80.67 72.50 82.25 73.00 84.36 0.8 66.00 75.99 67.00 77.58 70.00 79.16 71.50 80.74 73.00 82.85 0.9 66.00 74.49 67.00 76.07 67.00 77.65 70.00 79.23 72.50 81.35 1.0 64.00 72.98 66.00 74.56 67.00 76.14 70.00 77.73 71.50 79.84 1.1 63.00 71.09 66.00 72.68 67.00 74.26 67.00 75.84 71.50 77.95 1.2 63.00 69.50 64.00 70.41 66.00 72.00 67.00 73.58 70.00 76.00 1.4 59.03 64.50 60.61 69.50 62.20 69.50 63.78 71.00 65.89 73.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.54 175# -1.75 1.00 205# -6.03 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -6.03 3.00 165# -15.00 0.00 195# -1.51 3.00 225# -6.03 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.10 lb carcass, 0.66 inch back-fat, 7.11 square inch loin/2.37 inch loin depth, FFLI: 52.78% Price Range $72.50 - $82.25 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 117,389 Base Price Range $69.64 - $82.46, Weighted Average $77.76 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,305 Compared to Prior Day's closing weighted average (LM_HG200), 1.15 lower Price Rng $54.00 - $61.25, Wtd Avg $58.44, 5 Day Rolling Avg $57.77 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 875 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 2,180 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 148 Georgia 320 Iowa 194,970 Illinois 16,375 Indiana 10,706 Kansas 4,832 Kentucky 376 Michigan 3,783 Minnesota 57,388 Missouri 3,800 Mississippi 266 Montana 857 North Carolina 12,103 North Dakota 180 Nebraska 20,833 Ohio 9,374 Oklahoma 3,524 Pennsylvania 1,534 South Dakota 8,769 Tennessee 1,302 Wisconsin 360 -------------------------------------------------------------------------------- *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. 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 1100C