LM_HG203 Des Moines, Iowa Thu, Apr 18, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, April 18, 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 8,937 8,937 6,624 13,479 Other Market Formula (Futures/Options) 41,052 41,052 68,339 422,829 Swine or Pork Market Formula 117,790 117,790 137,429 134,923 Other Purchase Arrangement 66,536 66,536 68,313 82,738 Negotiated Formula 1,076 1,076 966 1,424 Packer Sold (all purchase types) 20,236 20,236 14,430 7,721 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,248 Compared to Prior Day's closing weighted average (LM_HG200), 0.92 higher Base Price Rng $71.00 - $81.00, Wtd Avg $77.93, 5 Day Rolling Avg $77.10 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 165 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,413 *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 74.00 81.60 75.50 83.20 76.50 84.80 77.50 86.41 78.00 88.55 0.5 71.00 81.60 74.00 83.20 76.50 84.80 77.00 86.41 78.00 88.55 0.6 71.00 80.07 74.00 81.67 75.50 83.28 76.50 84.88 77.50 87.02 0.7 71.00 78.54 71.00 80.14 74.00 81.75 76.50 83.35 77.00 85.49 0.8 70.00 77.01 71.00 78.62 74.00 80.22 75.50 81.82 77.00 83.96 0.9 70.00 76.00 71.00 77.09 71.00 78.69 74.00 80.30 76.50 82.50 1.0 68.00 74.50 70.00 76.00 71.00 77.16 74.00 80.00 75.50 81.50 1.1 67.00 73.00 70.00 76.00 71.00 77.00 71.00 77.00 75.50 81.50 1.2 67.00 73.00 68.00 74.00 70.00 76.00 71.00 77.00 74.00 80.00 1.4 59.82 69.50 61.43 73.00 63.03 74.00 64.63 76.00 66.77 77.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.64 175# -4.00 1.00 205# -6.11 3.00 155# -30.00 0.00 185# -1.00 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: 203.35 lb carcass, 0.65 inch back-fat, 7.27 square inch loin/2.42 inch loin depth, FFLI: 53.03% Price Range $76.50 - $83.35 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 123,869 Base Price Range $74.20 - $83.38, Weighted Average $79.39 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,258 Compared to Prior Day's closing weighted average (LM_HG200), 0.55 lower Price Rng $54.34 - $61.75, Wtd Avg $59.56, 5 Day Rolling Avg $58.66 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 739 *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): 1,997 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 260 Georgia 167 Iowa 98,503 Illinois 15,639 Indiana 20,015 Kansas 2,156 Kentucky 695 Michigan 8,148 Minnesota 47,217 Missouri 2,480 North Carolina 15,990 North Dakota 170 Nebraska 13,978 New York 170 Ohio 15,239 Oklahoma 2,441 Pennsylvania 5,108 South Carolina 180 South Dakota 6,090 Wisconsin 981 -------------------------------------------------------------------------------- *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