LM_HG202 Des Moines, Iowa Fri, Apr 12, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, April 12, 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 4,785 3,501 4,138 7,935 Other Market Formula (Futures/Options) 50,607 47,257 41,630 29,834 Swine or Pork Market Formula 83,134 75,286 95,221 105,755 Other Purchase Arrangement 51,190 44,967 42,453 69,455 Negotiated Formula 908 908 754 1,188 Packer Sold (all purchase types) 10,852 10,852 5,115 4,027 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,195 Compared to Prior Day's closing weighted average (LM_HG200), 1.13 higher Base Price Rng $67.00 - $77.00, Wtd Avg $75.69, 5 Day Rolling Avg $75.46 -------------------------------------------------------------------------------- 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): 3,195 *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 81.41 71.50 83.01 72.50 84.62 73.50 86.22 74.00 88.35 0.5 67.00 81.41 70.00 83.01 72.50 84.62 73.00 86.22 74.00 88.35 0.6 67.00 79.89 70.00 81.49 71.50 83.09 72.50 84.69 73.50 86.83 0.7 67.00 78.36 67.00 79.97 70.00 81.57 72.50 83.17 73.00 85.30 0.8 66.00 76.84 67.00 78.44 70.00 80.04 71.50 81.64 73.00 83.78 0.9 66.00 75.32 67.00 76.92 67.00 78.52 70.00 80.12 72.50 82.25 1.0 64.00 73.79 66.00 75.39 67.00 76.99 70.00 78.59 71.50 80.73 1.1 63.00 71.88 66.00 73.49 67.00 75.09 67.00 76.69 71.50 78.82 1.2 63.00 69.60 64.00 71.20 66.00 73.50 67.00 74.50 70.00 76.53 1.4 59.50 64.50 61.29 68.00 62.89 69.50 64.49 73.50 66.63 74.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.62 175# -4.00 0.00 205# -6.10 0.00 155# -27.75 0.00 185# -1.00 0.00 215# -6.10 0.00 165# -15.00 0.00 195# -1.52 0.00 225# -6.10 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.65 lb carcass, 0.65 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 53.02% Price Range $72.50 - $83.17 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 81,900 Base Price Range $71.69 - $81.91, Weighted Average $77.87 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 809 Compared to Prior Day's closing weighted average (LM_HG200), 0.99 lower Price Rng $50.75 - $60.25, Wtd Avg $57.18, 5 Day Rolling Avg $58.74 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 743 *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): 1,552 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 360 Iowa 66,989 Illinois 13,430 Indiana 6,338 Kansas 3,556 Kentucky 530 Michigan 4,393 Minnesota 25,498 Missouri 3,271 Montana 217 North Carolina 14,497 Nebraska 11,645 New York 309 Ohio 24,738 Oklahoma 2,872 Pennsylvania 2,307 South Carolina 180 South Dakota 734 Tennessee 644 Utah 108 Wisconsin 155 -------------------------------------------------------------------------------- *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 .