LM_HG203 ***RESENDING FOR CORRECTIONS ON WHOLE REPORT*** Des Moines, Iowa Mon, Apr 15, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, April 15, 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 8,371 8,371 7,682 7,664 Other Market Formula (Futures/Options) 71,572 71,572 67,684 36,336 Swine or Pork Market Formula 154,515 154,515 145,796 153,361 Other Purchase Arrangement 176,499 176,499 196,348 189,263 Negotiated Formula 878 878 1,174 1,786 Packer Sold (all purchase types) 10,416 10,416 19,513 13,670 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,312 Compared to Prior Day's closing weighted average (LM_HG200), 0.13 higher Base Price Rng $67.00 - $78.50, Wtd Avg $76.38, 5 Day Rolling Avg $75.79 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,312 *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 80.88 71.50 82.47 72.50 84.06 73.50 85.65 74.00 87.77 0.5 67.00 80.88 70.00 82.47 72.50 84.06 73.00 85.65 74.00 87.77 0.6 67.00 79.37 70.00 80.96 71.50 82.55 72.50 84.14 73.50 86.26 0.7 67.00 77.85 67.00 79.44 70.00 81.03 72.50 82.62 73.00 84.74 0.8 66.00 76.34 67.00 77.93 70.00 79.52 71.50 81.11 73.00 83.23 0.9 66.00 74.82 67.00 76.41 67.00 78.00 70.00 79.59 72.50 81.71 1.0 64.00 73.31 66.00 74.90 67.00 76.49 70.00 78.08 71.50 80.20 1.1 63.00 71.41 66.00 73.00 67.00 74.59 67.00 76.18 71.50 78.30 1.2 63.00 69.14 64.00 70.73 66.00 72.32 67.00 73.91 70.00 76.03 1.4 59.30 65.50 60.89 69.00 62.48 70.00 64.07 72.00 66.19 73.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.57 175# -3.00 1.00 205# -6.06 3.00 155# -30.00 0.00 185# -0.25 2.00 215# -6.06 3.00 165# -15.00 0.00 195# -1.51 3.00 225# -6.06 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.91 lb carcass, 0.65 inch back-fat, 7.21 square inch loin/2.40 inch loin depth, FFLI: 53.02% Price Range $72.50 - $82.62 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 156,752 Base Price Range $72.07 - $82.37, Weighted Average $78.03 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,141 Compared to Prior Day's closing weighted average (LM_HG200), 0.20 higher Price Rng $52.25 - $61.50, Wtd Avg $58.85, 5 Day Rolling Avg $58.77 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 878 *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): 2,019 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 135 Colorado 320 Delaware 61 Iowa 213,978 Illinois 24,590 Indiana 32,178 Kansas 3,023 Kentucky 1,665 Michigan 7,296 Minnesota 70,053 Missouri 3,820 Montana 860 North Carolina 4,704 North Dakota 170 Nebraska 22,657 New York 170 Ohio 13,874 Oklahoma 2,301 Pennsylvania 2,391 South Dakota 15,408 Tennessee 2,448 Wisconsin 149 -------------------------------------------------------------------------------- *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 .