LM_HG203 Des Moines, Iowa Mon, May 06, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Monday, May 6, 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 6,627 6,627 7,099 8,198 Other Market Formula (Futures/Options) 45,917 45,917 207,553 38,496 Swine or Pork Market Formula 125,534 125,534 151,143 149,360 Other Purchase Arrangement 94,397 94,397 150,939 143,843 Negotiated Formula 1,298 1,298 1,884 1,294 Packer Sold (all purchase types) 21,333 21,333 20,014 12,896 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,648 Compared to Prior Day's closing weighted average (LM_HG200), 0.35 higher Base Price Rng $72.00 - $81.50, Wtd Avg $79.27, 5 Day Rolling Avg $79.73 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 660 *Price not reported due to confidentiality* 5 Day Rolling Avg $80.83 -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,308 *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 82.94 76.50 84.57 77.50 86.20 78.50 87.83 79.00 90.01 0.5 72.00 82.94 75.00 84.57 77.50 86.20 78.00 87.83 79.00 90.01 0.6 72.00 81.39 75.00 83.02 76.50 84.65 77.50 86.28 78.50 88.45 0.7 72.00 80.00 72.00 81.47 75.00 83.10 77.50 84.73 78.00 86.90 0.8 71.00 79.25 72.00 80.00 75.00 81.54 76.00 83.17 77.50 85.35 0.9 71.00 77.50 72.00 79.25 72.00 80.00 75.00 81.62 76.00 83.80 1.0 69.00 76.00 71.00 77.50 72.00 79.25 75.00 80.07 76.00 82.24 1.1 68.00 73.50 71.00 76.00 72.00 77.50 72.00 79.25 75.00 80.75 1.2 68.00 73.50 69.00 73.50 71.00 76.00 71.00 77.50 73.00 80.00 1.4 60.81 67.50 62.44 73.50 64.07 73.50 65.70 73.50 67.87 77.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.77 175# -3.00 1.00 205# -6.21 3.00 155# -30.00 0.00 185# -0.25 2.00 215# -6.21 3.00 165# -15.00 0.00 195# -1.55 3.00 225# -6.21 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 203.37 lb carcass, 0.69 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.26% Price Range $77.50 - $84.73 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 133,070 Base Price Range $70.88 - $86.95, Weighted Average $80.78 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 726 Compared to Prior Day's closing weighted average (LM_HG200), 0.40 higher Price Rng $58.25 - $64.50, Wtd Avg $63.20, 5 Day Rolling Avg $62.19 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 638 *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): 1,364 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 180 Iowa 109,793 Illinois 17,556 Indiana 22,059 Kansas 3,496 Kentucky 545 Michigan 7,740 Minnesota 54,340 Missouri 3,062 Montana 864 North Carolina 16,212 Nebraska 26,118 Ohio 13,482 Oklahoma 2,257 Pennsylvania 3,089 South Carolina 540 South Dakota 13,222 Wisconsin 551 -------------------------------------------------------------------------------- *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 .