LM_HG203 Des Moines, Iowa Thu, Apr 11, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, April 11, 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 6,624 6,624 6,036 12,057 Other Market Formula (Futures/Options) 68,339 68,339 45,216 29,234 Swine or Pork Market Formula 137,429 137,429 131,230 135,062 Other Purchase Arrangement 68,313 68,313 73,512 76,112 Negotiated Formula 966 966 1,196 1,205 Packer Sold (all purchase types) 14,430 14,430 18,925 8,151 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,906 Compared to Prior Day's closing weighted average (LM_HG200), 1.38 lower Base Price Rng $67.00 - $77.00, Wtd Avg $74.82, 5 Day Rolling Avg $75.49 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 485 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,391 *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 74.50 67.00 76.07 67.00 77.65 70.00 79.23 72.50 81.35 1.0 64.00 72.98 66.00 74.56 67.00 76.14 70.00 78.00 71.50 79.84 1.1 63.00 71.09 66.00 74.00 67.00 75.00 67.00 76.00 71.50 79.50 1.2 63.00 71.00 64.00 72.00 66.00 74.50 67.00 75.50 70.00 78.00 1.4 59.03 67.50 60.61 71.00 62.20 72.00 63.78 74.50 65.89 75.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.54 175# -4.00 0.00 205# -6.03 0.00 155# -27.75 0.00 185# -1.00 0.00 215# -6.03 0.00 165# -15.00 0.00 195# -1.51 0.00 225# -6.03 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 201.21 lb carcass, 0.65 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.99% Price Range $72.50 - $82.25 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 145,034 Base Price Range $71.69 - $82.11, Weighted Average $77.22 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,639 Compared to Prior Day's closing weighted average (LM_HG200), 0.17 higher Price Rng $55.35 - $62.00, Wtd Avg $59.23, 5 Day Rolling Avg $58.73 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 481 *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): 2,120 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 138 Iowa 122,757 Illinois 22,825 Indiana 25,799 Kansas 2,898 Kentucky 1,285 Michigan 10,014 Minnesota 38,306 Missouri 3,664 North Carolina 16,173 Nebraska 17,774 New York 163 Ohio 16,619 Oklahoma 2,809 Pennsylvania 4,657 South Carolina 180 South Dakota 3,151 Tennessee 1,366 Virginia 34 Wisconsin 5,489 -------------------------------------------------------------------------------- *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 .