LM_HG202 Des Moines, Iowa Tue, Apr 09, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 9, 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 8,980 6,430 3,359 3,650 Other Market Formula (Futures/Options) 38,597 33,867 47,337 13,625 Swine or Pork Market Formula 101,596 92,733 97,680 88,845 Other Purchase Arrangement 65,863 58,520 54,918 67,651 Negotiated Formula 893 893 1,057 1,430 Packer Sold (all purchase types) 14,420 14,420 12,751 8,131 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,485 Compared to Prior Day's closing weighted average (LM_HG200), 0.38 lower Base Price Rng $67.50 - $78.00, Wtd Avg $75.01, 5 Day Rolling Avg $75.71 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,485 *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 70.50 80.52 72.00 82.10 73.00 83.68 74.00 85.27 74.50 87.38 0.5 67.50 80.52 70.50 82.10 73.00 83.68 73.50 85.27 74.50 87.38 0.6 67.50 79.01 70.50 80.59 72.00 82.18 73.00 83.76 74.00 85.87 0.7 67.50 77.50 67.50 79.08 70.50 80.67 73.00 82.25 73.50 84.36 0.8 66.50 75.99 67.50 77.58 70.50 79.16 72.00 80.74 73.50 82.85 0.9 66.50 74.49 67.50 76.07 67.50 77.65 70.50 79.23 73.00 81.35 1.0 64.50 72.98 66.50 74.56 67.50 76.14 70.50 77.73 72.00 79.84 1.1 63.50 71.09 66.50 73.00 67.50 74.50 67.50 75.84 72.00 78.50 1.2 63.50 70.00 64.50 71.00 66.50 74.00 67.50 75.00 70.50 77.00 1.4 59.03 66.50 60.61 70.00 62.20 71.00 63.78 74.00 65.89 75.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.54 175# -4.00 1.00 205# -6.03 3.00 155# -30.00 0.00 185# -1.00 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: 202.72 lb carcass, 0.63 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 53.31% Price Range $73.00 - $83.76 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 100,050 Base Price Range $70.69 - $82.14, Weighted Average $77.68 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 968 Compared to Prior Day's closing weighted average (LM_HG200), 1.73 higher Price Rng $57.50 - $60.75, Wtd Avg $59.42, 5 Day Rolling Avg $58.17 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,059 *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): 2,027 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 223 Colorado 184 Georgia 180 Iowa 86,557 Illinois 15,110 Indiana 5,743 Kansas 1,654 Kentucky 730 Michigan 5,973 Minnesota 37,211 Missouri 4,064 Montana 419 North Carolina 15,177 North Dakota 355 Nebraska 12,437 Ohio 9,243 Oklahoma 1,527 Pennsylvania 2,422 South Carolina 360 South Dakota 6,062 Tennessee 655 Wisconsin 577 -------------------------------------------------------------------------------- *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