LM_HG202 Des Moines, Iowa Fri, Apr 26, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, April 26, 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 5,603 3,603 2,519 4,748 Other Market Formula (Futures/Options) 29,137 24,033 42,709 23,164 Swine or Pork Market Formula 104,714 90,581 96,786 96,255 Other Purchase Arrangement 52,799 46,541 58,354 60,267 Negotiated Formula 521 521 909 1,664 Packer Sold (all purchase types) 15,928 15,928 15,539 3,084 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,886 Compared to Prior Day's closing weighted average (LM_HG200), 1.79 lower Base Price Rng $72.00 - $84.00, Wtd Avg $79.16, 5 Day Rolling Avg $80.45 -------------------------------------------------------------------------------- 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): 3,886 *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 75.00 84.86 76.50 86.53 77.50 88.20 78.50 89.87 79.00 92.09 0.5 72.00 84.86 75.00 86.53 77.50 88.20 78.00 89.87 79.00 92.09 0.6 72.00 83.27 75.00 84.94 76.50 86.61 77.50 88.28 78.50 90.50 0.7 72.00 81.68 72.00 83.35 75.00 85.02 77.50 86.69 78.00 88.92 0.8 71.00 80.75 72.00 81.76 75.00 83.43 76.50 85.10 78.00 87.33 0.9 71.00 79.00 72.00 80.75 72.00 81.84 75.00 83.51 77.50 85.74 1.0 69.00 77.50 71.00 79.00 72.00 80.75 75.00 81.92 76.50 84.15 1.1 68.00 75.00 71.00 77.50 72.00 79.00 72.00 80.75 76.50 82.25 1.2 68.00 75.00 69.00 75.00 71.00 77.50 72.00 79.00 75.00 81.50 1.4 62.22 69.00 63.89 75.00 65.55 75.00 67.22 75.00 69.45 79.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.95 175# -3.25 1.00 205# -6.36 3.00 155# -30.00 0.00 185# -1.50 1.50 215# -6.36 3.00 165# -15.00 0.00 195# -1.59 3.00 225# -6.36 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.87 lb carcass, 0.64 inch back-fat, 7.39 square inch loin/2.46 inch loin depth, FFLI: 53.24% Price Range $77.50 - $88.28 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 98,474 Base Price Range $75.35 - $87.29, Weighted Average $82.00 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 759 Compared to Prior Day's closing weighted average (LM_HG200), 0.34 lower Price Rng $54.00 - $64.75, Wtd Avg $60.69, 5 Day Rolling Avg $61.76 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 296 *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): 1,055 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 452 Georgia 360 Iowa 72,237 Illinois 14,652 Indiana 6,293 Kansas 2,245 Kentucky 150 Michigan 3,114 Minnesota 35,755 Missouri 3,305 Montana 217 North Carolina 14,320 North Dakota 200 Nebraska 10,815 Ohio 8,597 Oklahoma 2,504 Pennsylvania 1,765 South Carolina 180 South Dakota 3,891 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 .