LM_HG202 Des Moines, Iowa Tue, Apr 30, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 30, 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 6,312 3,848 2,467 4,789 Other Market Formula (Futures/Options) 32,632 27,143 48,175 22,415 Swine or Pork Market Formula 87,731 76,824 81,953 80,940 Other Purchase Arrangement 58,031 51,447 66,841 66,472 Negotiated Formula 985 985 536 1,756 Packer Sold (all purchase types) 17,460 17,460 15,994 8,011 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,328 Compared to Prior Day's closing weighted average (LM_HG200), 0.81 higher Base Price Rng $71.00 - $83.25, Wtd Avg $80.60, 5 Day Rolling Avg $80.50 -------------------------------------------------------------------------------- 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): 6,328 *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 84.00 75.50 85.50 76.50 86.97 77.50 88.61 78.00 90.81 0.5 71.00 83.68 74.00 85.32 76.50 86.97 77.00 88.61 78.00 90.81 0.6 71.00 82.50 74.00 83.76 75.50 85.40 76.50 87.05 77.50 89.24 0.7 71.00 81.50 71.00 82.50 74.00 84.00 76.50 85.48 77.00 87.67 0.8 70.00 80.75 71.00 81.50 74.00 82.50 75.50 84.00 77.00 86.11 0.9 70.00 79.50 71.00 80.75 71.00 81.50 74.00 83.00 76.50 84.54 1.0 68.00 77.50 70.00 79.50 71.00 80.75 74.00 81.50 75.50 83.00 1.1 67.00 75.50 70.00 77.50 71.00 80.00 71.00 81.00 75.50 82.25 1.2 67.00 75.00 68.00 75.50 70.00 79.50 71.00 80.50 74.00 81.50 1.4 61.35 69.00 62.99 75.00 64.64 75.50 66.28 79.50 68.48 80.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.84 175# -4.00 0.00 205# -6.27 2.00 155# -27.75 0.00 185# -1.00 2.00 215# -6.27 2.00 165# -15.00 0.00 195# -1.57 2.00 225# -6.27 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 202.64 lb carcass, 0.68 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.42% Price Range $76.50 - $85.48 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 86,877 Base Price Range $75.22 - $87.07, Weighted Average $81.79 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 336 Compared to Prior Day's closing weighted average (LM_HG200), 0.47 lower Price Rng $58.50 - $63.25, Wtd Avg $60.64, 5 Day Rolling Avg $61.84 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 821 *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): 1,157 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 222 Iowa 69,178 Illinois 12,375 Indiana 4,734 Kansas 3,112 Kentucky 745 Michigan 6,120 Minnesota 37,544 Missouri 3,030 Montana 430 North Carolina 14,708 North Dakota 200 Nebraska 10,328 Ohio 6,103 Oklahoma 1,737 Pennsylvania 3,111 South Carolina 540 South Dakota 3,364 Wisconsin 749 -------------------------------------------------------------------------------- *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 .