LM_HG203 Des Moines, Iowa Mon, Apr 29, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, April 29, 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 7,099 7,099 8,476 8,385 Other Market Formula (Futures/Options) 207,553 207,553 53,918 35,748 Swine or Pork Market Formula 151,143 151,143 93,718 143,405 Other Purchase Arrangement 150,939 150,939 121,447 125,661 Negotiated Formula 1,884 1,884 510 1,380 Packer Sold (all purchase types) 20,014 20,014 14,396 10,163 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,617 Compared to Prior Day's closing weighted average (LM_HG200), 0.13 higher Base Price Rng $72.00 - $83.25, Wtd Avg $79.38, 5 Day Rolling Avg $80.41 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 340 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,957 *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 84.39 76.50 86.05 77.50 87.71 78.50 89.37 79.00 91.58 0.5 72.00 84.39 75.00 86.05 77.50 87.71 78.00 89.37 79.00 91.58 0.6 72.00 82.81 75.00 84.47 76.50 86.13 77.50 87.79 78.50 90.00 0.7 72.00 81.23 72.00 82.89 75.00 84.55 77.50 86.21 78.00 88.42 0.8 71.00 79.65 72.00 81.31 75.00 82.97 76.00 84.63 77.50 86.84 0.9 71.00 78.07 72.00 79.73 72.00 81.39 75.00 83.05 76.00 85.26 1.0 69.00 76.49 71.00 78.15 72.00 79.81 75.00 81.47 76.00 83.68 1.1 68.00 74.52 71.00 76.18 72.00 77.83 72.00 79.49 75.00 81.71 1.2 68.00 72.15 69.00 73.80 71.00 75.46 71.00 77.12 73.00 79.34 1.4 61.87 68.50 63.53 72.00 65.19 73.00 66.85 75.00 69.00 76.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.90 175# -3.00 1.00 205# -6.32 3.00 155# -30.00 0.00 185# -0.25 2.00 215# -6.32 3.00 165# -15.00 0.00 195# -1.58 3.00 225# -6.32 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.93 lb carcass, 0.64 inch back-fat, 7.39 square inch loin/2.46 inch loin depth, FFLI: 53.24% Price Range $77.50 - $87.79 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 158,460 Base Price Range $73.23 - $87.51, Weighted Average $81.19 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,336 Compared to Prior Day's closing weighted average (LM_HG200), 0.55 lower Price Rng $53.99 - $64.25, Wtd Avg $62.58, 5 Day Rolling Avg $62.01 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,107 *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): 2,443 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Delaware 45 Georgia 360 Iowa 331,343 Illinois 21,144 Indiana 20,081 Kansas 4,848 Kentucky 493 Michigan 5,488 Minnesota 62,304 Missouri 3,272 Mississippi 390 Montana 863 North Carolina 16,877 Nebraska 31,721 Ohio 19,731 Oklahoma 3,197 Pennsylvania 2,046 South Dakota 14,089 Wisconsin 340 -------------------------------------------------------------------------------- *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 .