LM_HG203 Des Moines, Iowa Fri, May 03, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, May 3, 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 5,832 5,832 5,170 6,134 Other Market Formula (Futures/Options) 35,057 35,057 44,635 34,395 Swine or Pork Market Formula 119,835 119,835 120,686 132,763 Other Purchase Arrangement 81,907 81,907 67,631 77,413 Negotiated Formula 1,697 1,697 1,201 2,196 Packer Sold (all purchase types) 17,239 17,239 17,536 5,452 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,519 Compared to Prior Day's closing weighted average (LM_HG200), 0.06 lower Base Price Rng $72.00 - $83.75, Wtd Avg $78.94, 5 Day Rolling Avg $79.77 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 800 *Price not reported due to confidentiality* 5 Day Rolling Avg $80.83 -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 6,319 *Price not reported due to confidentiality* 5 Day Rolling Avg $79.10 -------------------------------------------------------------------------------- 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 83.68 76.50 85.32 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 82.11 75.00 83.76 76.50 85.40 77.50 87.05 78.50 89.24 0.7 72.00 80.54 72.00 82.19 75.00 83.83 77.50 85.48 78.00 87.67 0.8 71.00 79.74 72.00 80.62 75.00 82.27 76.50 83.91 78.00 86.11 0.9 71.00 78.07 72.00 79.74 72.00 80.70 75.00 82.35 77.50 84.57 1.0 69.00 76.49 71.00 78.07 72.00 79.74 75.00 82.07 76.50 83.57 1.1 68.00 75.07 71.00 78.07 72.00 79.07 72.00 79.74 76.50 83.57 1.2 68.00 75.07 69.00 76.07 71.00 78.07 72.00 79.07 75.00 82.07 1.4 61.35 71.57 62.99 75.07 64.64 76.07 66.28 78.07 68.48 79.07 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.84 175# -1.75 1.00 205# -6.27 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -6.27 3.00 165# -15.00 0.00 195# -1.57 3.00 225# -6.27 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 204.23 lb carcass, 0.69 inch back-fat, 7.14 square inch loin/2.38 inch loin depth, FFLI: 52.33% Price Range $77.50 - $85.48 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 127,175 Base Price Range $70.95 - $86.79, Weighted Average $80.81 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,353 Compared to Prior Day's closing weighted average (LM_HG200), 0.25 higher Price Rng $54.00 - $64.50, Wtd Avg $61.94, 5 Day Rolling Avg $62.15 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 897 *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): 2,250 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 687 Colorado 167 Georgia 340 Iowa 110,273 Illinois 20,268 Indiana 18,692 Kansas 2,726 Kentucky 540 Michigan 6,547 Minnesota 41,836 Missouri 3,406 Montana 216 North Carolina 13,972 North Dakota 200 Nebraska 11,751 Ohio 16,220 Oklahoma 2,521 Pennsylvania 4,592 South Dakota 6,283 Wisconsin 330 -------------------------------------------------------------------------------- *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 .