LM_HG203 Des Moines, Iowa Fri, Apr 12, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, April 12, 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 5,461 5,461 8,027 10,227 Other Market Formula (Futures/Options) 80,003 80,003 67,844 43,914 Swine or Pork Market Formula 109,827 109,827 125,078 147,251 Other Purchase Arrangement 86,611 86,611 68,221 92,452 Negotiated Formula 1,398 1,398 1,294 1,188 Packer Sold (all purchase types) 15,999 15,999 7,736 7,202 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,540 Compared to Prior Day's closing weighted average (LM_HG200), 1.81 higher Base Price Rng $67.00 - $78.50, Wtd Avg $76.37, 5 Day Rolling Avg $75.60 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 490 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,030 *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 81.41 71.50 83.01 72.50 84.62 73.50 86.22 74.00 88.35 0.5 67.00 81.41 70.00 83.01 72.50 84.62 73.00 86.22 74.00 88.35 0.6 67.00 79.89 70.00 81.49 71.50 83.09 72.50 84.69 73.50 86.83 0.7 67.00 78.36 67.00 79.97 70.00 81.57 72.50 83.17 73.00 85.30 0.8 66.00 76.84 67.00 78.44 70.00 80.04 71.50 81.64 73.00 83.78 0.9 66.00 75.32 67.00 76.92 67.00 78.52 70.00 80.12 72.50 82.25 1.0 64.00 73.79 66.00 75.39 67.00 76.99 70.00 78.59 71.50 80.73 1.1 63.00 71.88 66.00 73.50 67.00 75.09 67.00 76.75 71.50 78.82 1.2 63.00 71.00 64.00 71.20 66.00 73.50 67.00 75.00 70.00 77.50 1.4 59.50 65.00 61.29 71.00 62.89 71.00 64.49 73.50 66.63 75.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.62 175# -4.00 1.00 205# -6.10 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -6.10 3.00 165# -15.00 0.00 195# -1.52 3.00 225# -6.10 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.65 lb carcass, 0.65 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 53.02% Price Range $72.50 - $83.17 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 118,240 Base Price Range $71.69 - $81.91, Weighted Average $77.01 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 824 Compared to Prior Day's closing weighted average (LM_HG200), 1.09 lower Price Rng $50.75 - $60.25, Wtd Avg $57.08, 5 Day Rolling Avg $58.72 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 743 *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): 1,567 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 360 Georgia 160 Iowa 112,494 Illinois 19,059 Indiana 27,027 Kansas 3,556 Kentucky 1,021 Michigan 7,673 Minnesota 51,685 Missouri 3,601 Montana 217 North Carolina 14,497 Nebraska 15,081 New York 309 Ohio 32,415 Oklahoma 2,898 Pennsylvania 3,977 South Carolina 180 South Dakota 1,071 Tennessee 1,612 Utah 108 Wisconsin 298 -------------------------------------------------------------------------------- *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 .