LM_HG202 ***RESENDING FOR CORRECTIONS ON WHOLE REPORT*** Des Moines, Iowa Mon, Apr 29, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, April 29, 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 7,721 5,460 5,853 6,064 Other Market Formula (Futures/Options) 43,908 41,475 23,144 22,826 Swine or Pork Market Formula 123,408 113,551 60,733 104,374 Other Purchase Arrangement 136,227 128,419 92,803 96,576 Negotiated Formula 1,884 1,884 474 970 Packer Sold (all purchase types) 17,515 17,515 3,323 7,653 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,098 Compared to Prior Day's closing weighted average (LM_HG200), 0.38 lower Base Price Rng $72.00 - $81.00, Wtd Avg $78.87, 5 Day Rolling Avg $80.38 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 340 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,438 *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 84.39 76.50 86.05 77.50 87.71 78.50 89.37 79.00 91.58 0.5 72.00 84.39 75.00 86.05 77.50 87.71 78.00 89.37 79.00 91.58 0.6 72.00 82.81 75.00 84.47 76.50 86.13 77.50 87.79 78.50 90.00 0.7 72.00 81.23 72.00 82.89 75.00 84.55 77.50 86.21 78.00 88.42 0.8 71.00 79.65 72.00 81.31 75.00 82.97 76.00 84.63 77.50 86.84 0.9 71.00 78.07 72.00 79.73 72.00 81.39 75.00 83.05 76.00 85.26 1.0 69.00 76.49 71.00 78.15 72.00 79.81 75.00 81.47 76.00 83.68 1.1 68.00 74.52 71.00 76.18 72.00 77.83 72.00 79.49 75.00 81.71 1.2 68.00 72.15 69.00 73.80 71.00 75.46 71.00 77.12 73.00 79.34 1.4 61.87 67.50 63.53 71.00 65.19 72.00 66.85 74.00 69.00 75.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.90 175# -3.00 1.00 205# -6.32 3.00 155# -30.00 0.00 185# -0.25 2.00 215# -6.32 3.00 165# -15.00 0.00 195# -1.58 3.00 225# -6.32 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.93 lb carcass, 0.64 inch back-fat, 7.39 square inch loin/2.46 inch loin depth, FFLI: 53.24% Price Range $77.50 - $87.79 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 122,327 Base Price Range $75.22 - $87.51, Weighted Average $81.61 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,219 Compared to Prior Day's closing weighted average (LM_HG200), 0.21 lower Price Rng $58.25 - $64.25, Wtd Avg $62.92, 5 Day Rolling Avg $62.08 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,107 *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): 2,326 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Delaware 45 Georgia 360 Iowa 147,224 Illinois 16,253 Indiana 7,877 Kansas 4,773 Kentucky 493 Michigan 2,653 Minnesota 55,904 Missouri 2,942 Mississippi 390 Montana 643 North Carolina 16,877 Nebraska 25,828 Ohio 12,568 Oklahoma 3,197 Pennsylvania 1,031 South Dakota 9,596 -------------------------------------------------------------------------------- *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 .