LM_HG203 Des Moines, Iowa Wed, May 01, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Wednesday, May 1, 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 9,302 9,302 10,670 8,331 Other Market Formula (Futures/Options) 31,000 31,000 141,187 30,386 Swine or Pork Market Formula 113,927 113,927 115,863 121,210 Other Purchase Arrangement 66,065 66,065 74,449 77,830 Negotiated Formula 1,425 1,425 876 2,121 Packer Sold (all purchase types) 21,019 21,019 21,211 10,828 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,844 Compared to Prior Day's closing weighted average (LM_HG200), 0.01 higher Base Price Rng $72.00 - $83.00, Wtd Avg $80.46, 5 Day Rolling Avg $80.31 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 482 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 12,326 *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 84.00 76.50 85.50 77.50 86.97 78.50 88.61 79.00 90.81 0.5 72.00 83.68 75.00 85.32 77.50 86.97 78.00 88.61 79.00 90.81 0.6 72.00 82.50 75.00 83.76 76.50 85.40 77.50 87.05 78.50 89.24 0.7 72.00 81.50 72.00 82.50 75.00 84.00 77.50 85.48 78.00 87.67 0.8 71.00 80.75 72.00 81.50 75.00 82.50 76.50 84.00 78.00 86.11 0.9 71.00 79.00 72.00 80.75 72.00 81.50 75.00 83.00 77.50 84.54 1.0 69.00 77.50 71.00 79.00 72.00 80.75 75.00 81.50 76.50 83.00 1.1 68.00 75.00 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 78.00 72.00 79.00 75.00 81.50 1.4 61.35 69.00 62.99 75.00 64.64 75.00 66.28 78.00 68.48 79.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.84 175# -4.00 0.00 205# -6.27 2.00 155# -27.75 0.00 185# -1.00 2.00 215# -6.27 2.00 165# -15.00 0.00 195# -1.57 2.00 225# -6.27 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.64 lb carcass, 0.69 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.26% Price Range $77.50 - $85.48 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 120,411 Base Price Range $72.07 - $87.04, Weighted Average $80.60 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 930 Compared to Prior Day's closing weighted average (LM_HG200), 0.49 higher Price Rng $57.75 - $63.75, Wtd Avg $62.08, 5 Day Rolling Avg $61.90 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 943 *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): 1,873 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 326 Georgia 180 Iowa 89,481 Illinois 16,369 Indiana 17,926 Kansas 1,902 Kentucky 505 Maryland 76 Michigan 10,186 Minnesota 46,180 Missouri 2,903 Montana 444 North Carolina 14,181 North Dakota 180 Nebraska 14,383 New York 341 Ohio 13,695 Oklahoma 2,504 Pennsylvania 3,557 South Dakota 5,799 Utah 144 Wisconsin 1,315 -------------------------------------------------------------------------------- *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 .