LM_HG202 Des Moines, Iowa Tue, May 07, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, May 7, 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 5,532 4,062 3,848 5,298 Other Market Formula (Futures/Options) 27,717 21,142 27,143 15,936 Swine or Pork Market Formula 88,474 79,009 76,824 88,666 Other Purchase Arrangement 53,798 46,688 51,447 70,474 Negotiated Formula 208 208 985 1,430 Packer Sold (all purchase types) 20,893 20,893 17,460 6,761 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,210 Compared to Prior Day's closing weighted average (LM_HG200), 0.30 lower Base Price Rng $72.00 - $81.50, Wtd Avg $79.04, 5 Day Rolling Avg $79.44 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $80.83 -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,210 *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 75.00 82.94 76.50 84.57 77.50 86.20 78.50 87.83 79.00 90.01 0.5 72.00 82.94 75.00 84.57 77.50 86.20 78.00 87.83 79.00 90.01 0.6 72.00 81.39 75.00 83.02 76.50 84.65 77.50 86.28 78.50 88.45 0.7 72.00 79.83 72.00 81.47 75.00 83.10 77.50 84.73 78.00 86.90 0.8 71.00 78.50 72.00 79.91 75.00 81.54 76.50 83.17 78.00 85.35 0.9 71.00 78.00 72.00 78.50 72.00 79.99 75.00 81.62 77.00 83.80 1.0 69.00 76.00 71.00 78.00 72.00 79.00 75.00 80.07 76.50 82.24 1.1 68.00 74.00 71.00 76.00 72.00 78.50 72.00 79.50 76.00 80.50 1.2 68.00 72.00 69.00 74.00 71.00 78.00 72.00 79.00 74.00 80.00 1.4 60.81 68.50 62.44 72.00 64.07 74.00 65.70 78.00 67.87 79.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.77 175# -4.00 1.00 205# -6.21 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -6.21 3.00 165# -15.00 0.00 195# -1.55 3.00 225# -6.21 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 201.95 lb carcass, 0.67 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.58% Price Range $77.50 - $84.73 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 87,078 Base Price Range $71.46 - $86.94, Weighted Average $81.01 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 385 Compared to Prior Day's closing weighted average (LM_HG200), 0.15 higher Price Rng $58.50 - $63.50, Wtd Avg $60.95, 5 Day Rolling Avg $62.19 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 208 *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): 593 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 221 Iowa 65,305 Illinois 11,258 Indiana 5,368 Kansas 3,060 Kentucky 180 Michigan 4,462 Minnesota 33,599 Missouri 4,052 Montana 433 North Carolina 15,073 Nebraska 11,608 Ohio 7,555 Oklahoma 2,051 Pennsylvania 1,649 South Carolina 360 South Dakota 5,603 Wisconsin 165 -------------------------------------------------------------------------------- *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 .