LM_HG203 Des Moines, Iowa Wed, Apr 17, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, April 17, 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 6,377 6,377 9,667 15,399 Other Market Formula (Futures/Options) 61,714 61,714 38,735 62,834 Swine or Pork Market Formula 119,444 119,444 124,783 122,983 Other Purchase Arrangement 75,042 75,042 71,745 77,618 Negotiated Formula 567 567 1,541 952 Packer Sold (all purchase types) 19,265 19,265 17,524 11,589 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,125 Compared to Prior Day's closing weighted average (LM_HG200), 0.20 lower Base Price Rng $70.00 - $80.00, Wtd Avg $77.18, 5 Day Rolling Avg $76.54 -------------------------------------------------------------------------------- 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): 7,125 *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 82.00 74.50 83.50 75.50 84.80 76.50 86.41 77.00 88.55 0.5 70.00 81.60 73.00 83.20 75.50 84.80 76.00 86.41 77.00 88.55 0.6 70.00 80.50 73.00 81.67 74.50 83.28 75.50 84.88 76.50 87.02 0.7 70.00 79.50 70.00 80.50 73.00 82.00 75.50 83.35 76.00 85.49 0.8 69.00 78.75 70.00 79.50 73.00 80.50 74.50 82.00 76.00 83.96 0.9 69.00 77.00 70.00 78.75 70.00 79.50 73.00 81.00 75.50 82.44 1.0 67.00 75.50 69.00 77.00 70.00 78.75 73.00 79.50 74.50 81.00 1.1 66.00 73.00 69.00 75.50 70.00 77.00 70.00 78.75 74.50 80.50 1.2 66.00 73.00 67.00 73.00 69.00 75.50 70.00 77.00 73.00 79.50 1.4 59.82 68.50 61.43 73.00 63.03 73.00 64.63 75.00 66.77 77.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.64 175# -1.75 1.00 205# -6.11 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -6.11 3.00 165# -15.00 0.00 195# -1.53 3.00 225# -6.11 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 202.31 lb carcass, 0.67 inch back-fat, 7.17 square inch loin/2.39 inch loin depth, FFLI: 52.67% Price Range $75.50 - $83.35 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 126,293 Base Price Range $74.08 - $82.70, Weighted Average $78.81 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 374 Compared to Prior Day's closing weighted average (LM_HG200), 0.07 lower Price Rng $53.78 - $61.50, Wtd Avg $58.86, 5 Day Rolling Avg $58.62 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 735 *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): 1,109 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 400 Georgia 180 Iowa 118,794 Illinois 20,381 Indiana 20,245 Kansas 2,926 Kentucky 520 Maryland 159 Michigan 8,512 Minnesota 43,975 Missouri 3,830 Montana 446 North Carolina 14,916 Nebraska 17,368 New York 169 Ohio 13,046 Oklahoma 2,196 Pennsylvania 4,635 South Dakota 9,205 Wisconsin 490 -------------------------------------------------------------------------------- *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 .