LM_HG203 Des Moines, Iowa Mon, Apr 08, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, April 8, 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 7,682 7,682 7,019 10,174 Other Market Formula (Futures/Options) 67,684 67,684 76,648 39,404 Swine or Pork Market Formula 145,796 145,796 156,474 178,329 Other Purchase Arrangement 196,348 196,348 195,900 210,981 Negotiated Formula 1,174 1,174 781 2,465 Packer Sold (all purchase types) 19,513 19,513 17,578 17,114 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,347 Compared to Prior Day's closing weighted average (LM_HG200), 0.38 lower Base Price Rng $67.00 - $78.00, Wtd Avg $75.40, 5 Day Rolling Avg $75.76 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 160 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,507 *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 80.52 71.50 82.10 72.50 83.68 73.50 85.27 74.00 87.38 0.5 67.00 80.52 70.00 82.10 72.50 83.68 73.00 85.27 74.00 87.38 0.6 67.00 79.01 70.00 80.59 71.50 82.18 72.50 83.76 73.50 85.87 0.7 67.00 77.50 67.00 79.08 70.00 80.67 72.50 82.25 73.00 84.36 0.8 66.00 75.99 67.00 77.58 70.00 79.16 71.50 80.74 73.00 82.85 0.9 66.00 74.49 67.00 76.07 67.00 77.65 70.00 79.23 72.00 81.35 1.0 64.00 73.00 66.00 74.56 67.00 76.14 70.00 77.73 71.50 79.84 1.1 63.00 71.09 66.00 73.00 67.00 74.26 67.00 75.84 71.00 78.50 1.2 63.00 70.00 64.00 71.00 66.00 73.00 67.00 74.00 69.00 77.00 1.4 59.00 66.50 60.61 70.00 62.00 71.00 63.78 73.00 65.00 74.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.54 175# -3.00 1.00 205# -6.03 3.00 155# -30.00 0.00 185# -0.25 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: 203.10 lb carcass, 0.66 inch back-fat, 7.11 square inch loin/2.37 inch loin depth, FFLI: 52.78% Price Range $72.50 - $82.25 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 152,382 Base Price Range $69.64 - $82.46, Weighted Average $77.21 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,615 Compared to Prior Day's closing weighted average (LM_HG200), 0.98 lower Price Rng $54.00 - $61.25, Wtd Avg $58.61, 5 Day Rolling Avg $57.84 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 875 *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): 2,490 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 148 Georgia 320 Iowa 230,176 Illinois 20,925 Indiana 22,526 Kansas 4,997 Kentucky 1,832 Michigan 7,585 Minnesota 69,549 Missouri 4,325 Mississippi 266 Montana 857 North Carolina 12,103 North Dakota 180 Nebraska 26,499 Ohio 16,451 Oklahoma 3,524 Pennsylvania 3,179 South Dakota 10,514 Tennessee 1,784 Wisconsin 457 -------------------------------------------------------------------------------- *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 .