LM_HG202 Des Moines, Iowa Tue, Apr 16, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 16, 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 6,144 3,654 6,430 6,540 Other Market Formula (Futures/Options) 34,565 28,253 33,867 21,929 Swine or Pork Market Formula 92,457 80,675 92,733 90,152 Other Purchase Arrangement 59,150 49,562 58,520 68,783 Negotiated Formula 660 660 893 1,022 Packer Sold (all purchase types) 15,404 15,404 14,420 9,363 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,194 Compared to Prior Day's closing weighted average (LM_HG200), 0.36 lower Base Price Rng $70.00 - $79.00, Wtd Avg $76.21, 5 Day Rolling Avg $75.94 -------------------------------------------------------------------------------- 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): 4,194 *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 73.00 80.88 74.50 82.47 75.50 84.06 76.50 85.65 77.00 87.77 0.5 70.00 80.88 73.00 82.47 75.50 84.06 76.00 85.65 77.00 87.77 0.6 70.00 79.37 73.00 80.96 74.50 82.55 75.50 84.14 76.50 86.26 0.7 70.00 77.85 70.00 79.44 73.00 81.03 75.50 82.62 76.00 84.74 0.8 69.00 76.75 70.00 77.93 73.00 79.52 74.50 81.11 76.00 83.23 0.9 69.00 75.00 70.00 76.75 70.00 78.00 73.00 79.59 75.50 81.71 1.0 67.00 73.50 69.00 75.00 70.00 76.75 73.00 78.08 74.50 80.20 1.1 66.00 71.41 69.00 73.50 70.00 75.00 70.00 76.75 74.50 78.50 1.2 66.00 71.00 67.00 71.00 69.00 74.50 70.00 75.50 73.00 77.50 1.4 59.30 66.50 60.89 71.00 62.48 71.00 64.07 74.50 66.19 75.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.57 175# -4.00 1.00 205# -6.06 3.00 155# -30.00 0.00 185# -1.00 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: 200.92 lb carcass, 0.67 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.69% Price Range $75.50 - $82.62 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 89,425 Base Price Range $73.97 - $82.68, Weighted Average $79.15 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 301 Compared to Prior Day's closing weighted average (LM_HG200), 0.41 higher Price Rng $54.82 - $60.50, Wtd Avg $58.26, 5 Day Rolling Avg $58.64 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 656 *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): 957 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 222 Iowa 73,574 Illinois 9,630 Indiana 5,105 Kansas 3,007 Kentucky 220 Michigan 5,278 Minnesota 35,218 Missouri 3,393 Montana 429 North Carolina 12,806 North Dakota 200 Nebraska 13,019 Ohio 6,921 Oklahoma 1,047 Pennsylvania 3,706 South Carolina 180 South Dakota 4,088 Wisconsin 165 -------------------------------------------------------------------------------- *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 .