LM_HG203 ***RESENDING FOR CORRECTIONS ON LIVE NEGOTIATED HOGS*** Des Moines, Iowa Fri, Apr 05, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, April 5, 2019 (Includes information from 1:30 PM to 1:30 PM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 8,027 8,027 7,539 12,676 Other Market Formula (Futures/Options) 67,844 67,844 59,339 27,376 Swine or Pork Market Formula 125,078 125,078 140,428 139,766 Other Purchase Arrangement 68,221 68,221 60,470 87,634 Negotiated Formula 1,294 1,294 1,102 1,915 Packer Sold (all purchase types) 7,736 7,736 14,847 10,157 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,819 Compared to Prior Day's closing weighted average (LM_HG200), 0.69 lower Base Price Rng $67.00 - $78.50, Wtd Avg $75.79, 5 Day Rolling Avg $75.76 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 540 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,359 *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 70.00 80.44 71.50 82.02 72.50 83.61 73.50 85.19 74.00 87.30 0.5 67.00 80.44 70.00 82.02 72.50 83.61 73.00 85.19 74.00 87.30 0.6 67.00 78.94 70.00 80.52 71.50 82.10 72.50 83.68 73.50 85.79 0.7 67.00 77.43 67.00 79.01 70.00 80.59 72.50 82.17 73.00 84.28 0.8 66.00 75.92 67.00 77.50 70.00 79.09 71.50 80.67 73.00 82.78 0.9 66.00 74.50 67.00 76.00 67.00 77.58 70.00 79.16 72.50 81.27 1.0 64.00 73.00 66.00 74.50 67.00 76.07 70.00 77.65 71.50 79.76 1.1 63.00 71.03 66.00 73.00 67.00 75.00 67.00 76.00 71.50 78.50 1.2 63.00 70.00 64.00 71.00 66.00 74.50 67.00 75.50 70.00 77.00 1.4 58.98 66.50 60.56 70.00 62.14 71.00 63.72 74.50 65.83 75.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.53 175# -4.00 1.00 205# -6.03 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -6.03 3.00 165# -15.00 0.00 195# -1.51 3.00 225# -6.03 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.80 lb carcass, 0.67 inch back-fat, 7.14 square inch loin/2.38 inch loin depth, FFLI: 52.64% Price Range $72.50 - $82.17 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 123,408 Base Price Range $71.38 - $81.87, Weighted Average $76.40 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,640 Compared to Prior Day's closing weighted average (LM_HG200), 0.63 higher Price Rng $49.00 - $61.00, Wtd Avg $57.93, 5 Day Rolling Avg $57.58 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 746 *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): 2,386 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 98 Canada 729 Georgia 360 Iowa 107,090 Illinois 17,517 Indiana 21,254 Kansas 3,405 Kentucky 799 Michigan 7,089 Minnesota 55,224 Missouri 2,787 Montana 215 North Carolina 4,790 North Dakota 385 Nebraska 22,422 Ohio 16,496 Oklahoma 2,908 Pennsylvania 4,568 South Dakota 9,081 Tennessee 388 Wisconsin 595 -------------------------------------------------------------------------------- *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 1500C .