LM_HG202 Des Moines, Iowa Mon, Apr 15, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, April 15, 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 7,014 4,613 4,966 5,023 Other Market Formula (Futures/Options) 51,368 45,272 51,263 24,422 Swine or Pork Market Formula 132,036 121,636 110,626 114,631 Other Purchase Arrangement 150,074 135,641 167,935 162,325 Negotiated Formula 878 878 1,174 1,786 Packer Sold (all purchase types) 6,801 6,801 15,191 10,633 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,052 Compared to Prior Day's closing weighted average (LM_HG200), 1.02 lower Base Price Rng $67.00 - $76.00, Wtd Avg $75.23, 5 Day Rolling Avg $75.60 -------------------------------------------------------------------------------- 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): 4,052 *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 80.88 71.50 82.47 72.50 84.06 73.50 85.65 74.00 87.77 0.5 67.00 80.88 70.00 82.47 72.50 84.06 73.00 85.65 74.00 87.77 0.6 67.00 79.37 70.00 80.96 71.50 82.55 72.50 84.14 73.50 86.26 0.7 67.00 77.85 67.00 79.44 70.00 81.03 72.50 82.62 73.00 84.74 0.8 66.00 76.34 67.00 77.93 70.00 79.52 71.50 81.11 73.00 83.23 0.9 66.00 74.82 67.00 76.41 67.00 78.00 70.00 79.59 72.50 81.71 1.0 64.00 73.31 66.00 74.90 67.00 76.49 70.00 78.08 71.50 80.20 1.1 63.00 71.41 66.00 73.00 67.00 74.59 67.00 76.18 71.50 78.30 1.2 63.00 69.14 64.00 70.73 66.00 72.32 67.00 73.91 70.00 76.03 1.4 59.30 63.00 60.89 66.00 62.48 66.00 64.07 69.00 66.19 69.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.57 175# -3.00 1.00 205# -6.06 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -6.06 3.00 165# -15.00 0.00 195# -1.51 3.00 225# -6.06 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.91 lb carcass, 0.65 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 53.02% Price Range $72.50 - $82.62 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 122,462 Base Price Range $72.07 - $82.37, Weighted Average $78.62 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,114 Compared to Prior Day's closing weighted average (LM_HG200), 0.19 higher Price Rng $52.25 - $59.25, Wtd Avg $58.84, 5 Day Rolling Avg $58.77 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 878 *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): 1,992 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 135 Delaware 61 Iowa 172,278 Illinois 16,952 Indiana 9,501 Kansas 3,023 Kentucky 696 Michigan 3,164 Minnesota 57,618 Missouri 2,989 Montana 860 North Carolina 4,704 North Dakota 170 Nebraska 18,811 New York 170 Ohio 6,639 Oklahoma 2,301 Pennsylvania 991 South Dakota 11,903 Tennessee 1,633 -------------------------------------------------------------------------------- *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 .