LM_HG203 Des Moines, Iowa Wed, Apr 10, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, April 10, 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 9,667 9,667 7,064 9,159 Other Market Formula (Futures/Options) 38,735 38,735 35,095 30,266 Swine or Pork Market Formula 124,783 124,783 120,527 136,353 Other Purchase Arrangement 71,745 71,745 72,491 84,696 Negotiated Formula 1,541 1,541 765 1,372 Packer Sold (all purchase types) 17,524 17,524 19,865 9,691 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,912 Compared to Prior Day's closing weighted average (LM_HG200), 0.47 higher Base Price Rng $67.00 - $78.00, Wtd Avg $75.68, 5 Day Rolling Avg $75.73 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 330 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,242 *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 76.75 67.00 77.58 70.00 79.16 71.50 80.74 73.00 82.85 0.9 66.00 75.00 67.00 76.75 67.00 77.65 70.00 79.23 72.50 81.35 1.0 64.00 73.50 66.00 75.00 67.00 76.75 70.00 77.73 71.50 79.84 1.1 63.00 71.09 66.00 73.50 67.00 75.00 67.00 76.75 71.50 78.25 1.2 63.00 71.00 64.00 71.00 66.00 73.50 67.00 75.00 70.00 77.50 1.4 59.03 65.50 60.61 71.00 62.20 71.00 63.78 72.00 65.89 75.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.54 175# -1.75 1.00 205# -6.03 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -6.03 3.00 165# -15.00 0.00 195# -1.51 3.00 225# -6.03 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 201.86 lb carcass, 0.64 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 53.16% Price Range $72.50 - $83.76 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 130,949 Base Price Range $70.99 - $82.18, Weighted Average $77.38 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,154 Compared to Prior Day's closing weighted average (LM_HG200), 0.15 lower Price Rng $54.75 - $60.25, Wtd Avg $58.79, 5 Day Rolling Avg $58.45 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,081 *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): 2,235 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 310 Georgia 199 Iowa 92,001 Illinois 18,988 Indiana 21,265 Kansas 3,314 Kentucky 1,325 Maryland 162 Michigan 8,901 Minnesota 48,609 Missouri 4,038 Montana 446 North Carolina 15,311 North Dakota 240 Nebraska 15,725 New York 168 Ohio 15,396 Oklahoma 2,673 Pennsylvania 5,245 South Dakota 8,055 Tennessee 1,156 Wisconsin 437 -------------------------------------------------------------------------------- *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 .