LM_HG203 Des Moines, Iowa Wed, Apr 24, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, April 24, 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 10,670 10,670 6,377 9,705 Other Market Formula (Futures/Options) 141,187 141,187 61,714 38,268 Swine or Pork Market Formula 115,863 115,863 119,444 128,056 Other Purchase Arrangement 74,449 74,449 75,042 78,897 Negotiated Formula 876 876 567 1,707 Packer Sold (all purchase types) 21,211 21,211 19,265 11,795 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 12,787 Compared to Prior Day's closing weighted average (LM_HG200), 0.41 higher Base Price Rng $73.00 - $83.50, Wtd Avg $80.98, 5 Day Rolling Avg $79.86 -------------------------------------------------------------------------------- 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): 12,952 *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 76.00 84.86 77.50 86.53 78.50 88.20 79.50 89.87 80.00 92.09 0.5 73.00 84.86 76.00 86.53 78.50 88.20 79.00 89.87 80.00 92.09 0.6 73.00 83.27 76.00 84.94 77.50 86.61 78.50 88.28 79.50 90.50 0.7 73.00 81.68 73.00 83.35 76.00 85.02 78.50 86.69 79.00 88.92 0.8 72.00 80.75 73.00 81.76 76.00 83.43 77.50 85.10 79.00 87.33 0.9 72.00 79.00 73.00 80.75 73.00 81.84 76.00 83.51 78.50 85.74 1.0 70.00 77.50 72.00 79.00 73.00 80.75 76.00 82.00 77.50 84.15 1.1 69.00 75.00 72.00 78.00 73.00 79.00 73.00 80.75 77.50 83.50 1.2 69.00 75.00 70.00 76.00 72.00 78.00 73.00 79.00 76.00 82.00 1.4 62.22 71.50 63.89 75.00 65.55 76.00 67.22 78.00 69.45 79.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.95 175# -1.75 1.00 205# -6.36 3.00 155# -30.00 0.00 185# -0.25 2.00 215# -6.36 3.00 165# -15.00 0.00 195# -1.59 3.00 225# -6.36 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 206.20 lb carcass, 0.62 inch back-fat, 7.63 square inch loin/2.54 inch loin depth, FFLI: 53.68% Price Range $78.50 - $88.28 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 121,822 Base Price Range $76.25 - $86.46, Weighted Average $81.89 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 842 Compared to Prior Day's closing weighted average (LM_HG200), 0.38 lower Price Rng $55.93 - $64.00, Wtd Avg $61.97, 5 Day Rolling Avg $60.32 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 711 *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): 1,553 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 324 Georgia 196 Iowa 106,975 Illinois 20,247 Indiana 19,160 Kansas 1,998 Kentucky 460 Maryland 160 Michigan 10,481 Minnesota 53,678 Missouri 2,925 Mississippi 286 Montana 622 North Carolina 14,743 North Dakota 23 Nebraska 18,702 New York 167 Ohio 13,322 Oklahoma 2,241 Pennsylvania 3,031 South Carolina 180 South Dakota 10,367 Tennessee 82,348 Virginia 130 Wisconsin 1,490 -------------------------------------------------------------------------------- *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 .