LM_HG203 Des Moines, Iowa Fri, Apr 26, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, April 26, 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 5,170 5,170 6,096 6,512 Other Market Formula (Futures/Options) 44,635 44,635 59,744 35,957 Swine or Pork Market Formula 120,686 120,686 128,456 136,509 Other Purchase Arrangement 67,631 67,631 78,049 78,498 Negotiated Formula 1,201 1,201 1,564 1,994 Packer Sold (all purchase types) 17,536 17,536 15,859 7,255 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,985 Compared to Prior Day's closing weighted average (LM_HG200), 1.33 lower Base Price Rng $72.00 - $84.00, Wtd Avg $79.62, 5 Day Rolling Avg $80.47 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 680 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,665 *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 75.00 84.86 76.50 86.53 77.50 88.20 78.50 89.87 79.00 92.09 0.5 72.00 84.86 75.00 86.53 77.50 88.20 78.00 89.87 79.00 92.09 0.6 72.00 83.27 75.00 84.94 76.50 86.61 77.50 88.28 78.50 90.50 0.7 72.00 81.68 72.00 83.35 75.00 85.02 77.50 86.69 78.00 88.92 0.8 71.00 80.75 72.00 81.76 75.00 83.43 76.50 85.10 78.00 87.33 0.9 71.00 79.00 72.00 80.75 72.00 81.84 75.00 83.51 77.50 85.74 1.0 69.00 78.00 71.00 79.00 72.00 80.75 75.00 81.92 76.50 84.15 1.1 68.00 76.00 71.00 77.50 72.00 79.00 72.00 80.75 76.50 82.25 1.2 68.00 75.00 69.00 75.00 71.00 77.50 72.00 79.00 75.00 81.50 1.4 62.22 69.00 63.89 75.00 65.55 75.00 67.22 75.00 69.45 79.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.95 175# -3.25 1.00 205# -6.36 3.00 155# -30.00 0.00 185# -1.50 1.50 215# -6.36 3.00 165# -15.00 0.00 195# -1.59 3.00 225# -6.36 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.87 lb carcass, 0.64 inch back-fat, 7.39 square inch loin/2.46 inch loin depth, FFLI: 53.24% Price Range $77.50 - $88.28 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 129,046 Base Price Range $74.78 - $87.29, Weighted Average $81.57 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,105 Compared to Prior Day's closing weighted average (LM_HG200), 0.03 lower Price Rng $54.00 - $64.75, Wtd Avg $61.00, 5 Day Rolling Avg $61.75 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 296 *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): 1,401 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 671 Georgia 680 Iowa 101,893 Illinois 19,308 Indiana 19,627 Kansas 2,245 Kentucky 508 Michigan 6,294 Minnesota 43,636 Missouri 3,470 Montana 217 North Carolina 14,320 North Dakota 200 Nebraska 13,454 Ohio 16,465 Oklahoma 2,504 Pennsylvania 3,630 South Carolina 180 South Dakota 6,778 Wisconsin 779 -------------------------------------------------------------------------------- *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 .