LM_HG202 Des Moines, Iowa Mon, May 06, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, May 6, 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 6,076 4,588 5,460 5,067 Other Market Formula (Futures/Options) 40,841 35,819 41,475 26,519 Swine or Pork Market Formula 99,815 90,320 113,551 108,062 Other Purchase Arrangement 72,743 65,112 128,419 92,942 Negotiated Formula 958 958 1,884 1,294 Packer Sold (all purchase types) 16,556 16,556 17,515 7,223 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,723 Compared to Prior Day's closing weighted average (LM_HG200), 0.62 lower Base Price Rng $75.00 - $81.00, Wtd Avg $78.30, 5 Day Rolling Avg $79.67 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 320 *Price not reported due to confidentiality* 5 Day Rolling Avg $80.83 -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,043 *Price not reported due to confidentiality* 5 Day Rolling Avg $79.10 -------------------------------------------------------------------------------- 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 79.00 82.94 80.50 84.57 80.50 86.20 82.00 87.83 82.00 90.01 0.5 77.50 82.94 79.00 84.57 79.00 86.20 80.50 87.83 80.50 90.01 0.6 77.50 81.39 77.50 83.02 79.00 84.65 79.00 86.28 80.50 88.45 0.7 76.00 80.00 76.00 81.47 77.50 83.10 77.50 84.73 79.00 86.90 0.8 75.00 79.25 76.00 80.00 76.00 81.54 76.00 83.17 77.50 85.35 0.9 73.00 77.50 75.00 79.25 75.00 80.00 76.00 81.62 76.00 83.80 1.0 73.00 76.00 73.00 77.50 73.00 79.25 75.00 80.07 76.00 82.24 1.1 71.00 73.50 71.00 76.00 73.00 77.50 73.00 79.25 75.00 80.75 1.2 69.00 73.50 69.00 73.50 71.00 76.00 71.00 77.50 73.00 80.00 1.4 60.81 67.50 62.44 73.50 64.07 73.50 65.70 73.50 67.87 77.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.77 175# -3.00 1.00 205# -6.21 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -6.21 3.00 165# -15.00 0.00 195# -1.55 3.00 225# -6.21 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.37 lb carcass, 0.69 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.26% Price Range $77.50 - $84.73 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 98,037 Base Price Range $70.88 - $86.95, Weighted Average $81.21 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 622 Compared to Prior Day's closing weighted average (LM_HG200), 0.90 higher Price Rng $58.25 - $64.50, Wtd Avg $63.70, 5 Day Rolling Avg $62.22 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 638 *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): 1,260 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 180 Iowa 74,904 Illinois 13,719 Indiana 11,345 Kansas 3,331 Kentucky 545 Michigan 3,585 Minnesota 44,332 Missouri 3,062 Montana 864 North Carolina 16,212 Nebraska 19,767 Ohio 6,556 Oklahoma 2,257 Pennsylvania 1,407 South Carolina 540 South Dakota 10,308 Wisconsin 439 -------------------------------------------------------------------------------- *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 .