LM_HG202 Des Moines, Iowa Wed, May 01, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, May 1, 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 6,963 5,166 7,162 3,588 Other Market Formula (Futures/Options) 28,238 22,893 111,670 18,708 Swine or Pork Market Formula 93,894 83,081 75,767 85,426 Other Purchase Arrangement 60,479 52,761 52,678 65,142 Negotiated Formula 1,108 1,108 548 2,121 Packer Sold (all purchase types) 15,045 15,045 16,207 7,576 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,809 Compared to Prior Day's closing weighted average (LM_HG200), 1.83 lower Base Price Rng $72.00 - $83.00, Wtd Avg $78.62, 5 Day Rolling Avg $80.01 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 322 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,131 *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 84.00 76.50 85.50 77.50 86.97 78.50 88.61 79.00 90.81 0.5 72.00 83.68 75.00 85.32 77.50 86.97 78.00 88.61 79.00 90.81 0.6 72.00 82.50 75.00 83.76 76.50 85.40 77.50 87.05 78.50 89.24 0.7 72.00 81.50 72.00 82.50 75.00 84.00 77.50 85.48 78.00 87.67 0.8 71.00 80.75 72.00 81.50 75.00 82.50 76.50 84.00 78.00 86.11 0.9 71.00 79.00 72.00 80.75 72.00 81.50 75.00 83.00 77.50 84.54 1.0 69.00 77.50 71.00 79.00 72.00 80.75 75.00 81.50 76.50 83.00 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 61.35 69.00 62.99 75.00 64.64 75.00 66.28 75.00 68.48 79.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -27.75 -7.84 175# -3.00 0.00 205# -6.27 2.00 155# -27.75 0.00 185# -0.25 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: 203.64 lb carcass, 0.69 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.26% Price Range $77.50 - $85.48 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 90,553 Base Price Range $72.07 - $87.04, Weighted Average $81.10 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 694 Compared to Prior Day's closing weighted average (LM_HG200), 0.66 higher Price Rng $59.50 - $63.75, Wtd Avg $62.25, 5 Day Rolling Avg $61.92 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 786 *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): 1,480 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 326 Georgia 180 Iowa 60,920 Illinois 13,772 Indiana 9,007 Kansas 1,902 Kentucky 505 Maryland 76 Michigan 6,068 Minnesota 38,876 Missouri 2,903 Montana 444 North Carolina 14,181 North Dakota 180 Nebraska 10,457 New York 341 Ohio 8,840 Oklahoma 2,504 Pennsylvania 2,232 South Dakota 4,890 Utah 144 Wisconsin 1,147 -------------------------------------------------------------------------------- *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 .