LM_HG202 Des Moines, Iowa Thu, Apr 18, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, April 18, 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 8,034 5,746 4,511 7,250 Other Market Formula (Futures/Options) 36,930 31,228 52,200 413,700 Swine or Pork Market Formula 94,115 85,104 94,896 99,483 Other Purchase Arrangement 56,874 48,858 49,899 68,947 Negotiated Formula 911 911 1,107 1,424 Packer Sold (all purchase types) 14,981 14,981 11,677 4,912 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,043 Compared to Prior Day's closing weighted average (LM_HG200), 0.79 lower Base Price Rng $71.00 - $77.47, Wtd Avg $76.22, 5 Day Rolling Avg $76.71 -------------------------------------------------------------------------------- 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): 6,043 *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 74.00 81.60 75.50 83.20 76.50 84.80 77.50 86.41 78.00 88.55 0.5 71.00 81.60 74.00 83.20 76.50 84.80 77.00 86.41 78.00 88.55 0.6 71.00 80.07 74.00 81.67 75.50 83.28 76.50 84.88 77.50 87.02 0.7 71.00 78.54 71.00 80.14 74.00 81.75 76.50 83.35 77.00 85.49 0.8 70.00 77.01 71.00 78.62 74.00 80.22 75.50 81.82 77.00 83.96 0.9 70.00 76.00 71.00 77.09 71.00 78.69 74.00 80.30 76.50 82.50 1.0 68.00 74.00 70.00 76.00 71.00 77.16 74.00 80.00 75.50 81.50 1.1 67.00 73.00 70.00 76.00 71.00 77.00 71.00 77.00 75.50 81.50 1.2 67.00 73.00 68.00 74.00 70.00 76.00 71.00 77.00 74.00 80.00 1.4 59.82 69.50 61.43 73.00 63.03 74.00 64.63 76.00 66.77 77.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.64 175# -4.00 1.00 205# -6.11 3.00 155# -30.00 0.00 185# -1.00 1.50 215# -6.11 3.00 165# -15.00 0.00 195# -1.53 3.00 225# -6.11 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.35 lb carcass, 0.65 inch back-fat, 7.27 square inch loin/2.42 inch loin depth, FFLI: 53.03% Price Range $76.50 - $83.35 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 91,318 Base Price Range $74.68 - $83.38, Weighted Average $80.15 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,093 Compared to Prior Day's closing weighted average (LM_HG200), 0.26 lower Price Rng $54.34 - $61.75, Wtd Avg $59.85, 5 Day Rolling Avg $58.70 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 739 *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): 1,832 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 73,390 Illinois 11,712 Indiana 10,126 Kansas 2,156 Kentucky 340 Michigan 4,134 Minnesota 38,608 Missouri 2,296 North Carolina 15,990 Nebraska 9,222 New York 170 Ohio 9,241 Oklahoma 2,379 Pennsylvania 3,233 South Carolina 180 South Dakota 3,011 Wisconsin 640 -------------------------------------------------------------------------------- *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 .