LM_HG203 Des Moines, Iowa Tue, Apr 16, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 16, 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 8,260 8,260 11,012 9,593 Other Market Formula (Futures/Options) 50,590 50,590 49,623 37,184 Swine or Pork Market Formula 120,254 120,254 128,280 125,490 Other Purchase Arrangement 65,816 65,816 77,140 88,235 Negotiated Formula 652 652 1,218 1,057 Packer Sold (all purchase types) 18,710 18,710 18,653 12,645 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,521 Compared to Prior Day's closing weighted average (LM_HG200), 0.73 higher Base Price Rng $70.00 - $79.25, Wtd Avg $77.30, 5 Day Rolling Avg $76.21 -------------------------------------------------------------------------------- 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): 8,681 *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 73.00 80.88 74.50 82.47 75.50 84.06 76.50 85.65 77.00 87.77 0.5 70.00 80.88 73.00 82.47 75.50 84.06 76.00 85.65 77.00 87.77 0.6 70.00 79.37 73.00 80.96 74.50 82.55 75.50 84.14 76.50 86.26 0.7 70.00 77.85 70.00 79.44 73.00 81.03 75.50 82.62 76.00 84.74 0.8 69.00 76.75 70.00 77.93 73.00 80.00 74.50 81.50 76.00 83.23 0.9 69.00 76.00 70.00 77.00 70.00 78.00 73.00 80.00 75.50 82.50 1.0 67.00 74.50 69.00 76.00 70.00 77.00 73.00 80.00 74.50 81.50 1.1 66.00 73.00 69.00 76.00 70.00 77.00 70.00 77.00 74.50 81.50 1.2 66.00 73.00 67.00 74.00 69.00 76.00 70.00 77.00 73.00 80.00 1.4 59.30 69.50 60.89 73.00 62.48 74.00 64.07 76.00 66.19 77.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.57 175# -4.00 1.00 205# -6.06 3.00 155# -30.00 0.00 185# -1.00 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: 200.92 lb carcass, 0.67 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.69% Price Range $75.50 - $82.62 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 129,395 Base Price Range $73.97 - $82.68, Weighted Average $78.29 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 491 Compared to Prior Day's closing weighted average (LM_HG200), 0.57 higher Price Rng $54.82 - $60.50, Wtd Avg $58.42, 5 Day Rolling Avg $58.64 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 656 *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): 1,147 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 222 Iowa 103,127 Illinois 15,406 Indiana 25,487 Kansas 3,172 Kentucky 550 Michigan 8,713 Minnesota 48,361 Missouri 4,046 Montana 429 North Carolina 12,806 North Dakota 200 Nebraska 17,313 Ohio 11,396 Oklahoma 1,089 Pennsylvania 4,661 South Carolina 180 South Dakota 6,658 Wisconsin 466 -------------------------------------------------------------------------------- *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