LM_HG203 Des Moines, Iowa Tue, May 07, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, May 7, 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 11,977 11,977 7,698 11,724 Other Market Formula (Futures/Options) 36,086 36,086 38,585 30,439 Swine or Pork Market Formula 114,290 114,290 115,793 130,847 Other Purchase Arrangement 67,294 67,294 69,253 84,501 Negotiated Formula 548 548 1,477 1,488 Packer Sold (all purchase types) 24,783 24,783 20,445 12,582 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 17,480 Compared to Prior Day's closing weighted average (LM_HG200), unchanged Base Price Rng $72.00 - $81.50, Wtd Avg $79.34, 5 Day Rolling Avg $79.47 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 340 *Price not reported due to confidentiality* 5 Day Rolling Avg $80.83 -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 17,820 *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 76.50 83.17 78.00 85.35 0.9 71.00 78.00 72.00 79.25 72.00 80.00 75.00 81.62 77.00 83.80 1.0 69.00 76.00 71.00 78.00 72.00 79.25 75.00 80.07 76.50 82.24 1.1 68.00 74.00 71.00 76.00 72.00 78.50 72.00 79.50 76.00 80.75 1.2 68.00 73.50 69.00 74.00 71.00 78.00 72.00 79.00 74.00 80.00 1.4 60.81 68.50 62.44 73.50 64.07 74.00 65.70 78.00 67.87 79.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -7.77 175# -4.00 1.00 205# -6.21 3.00 155# -30.00 0.00 185# -1.00 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: 201.95 lb carcass, 0.67 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 52.58% Price Range $77.50 - $84.73 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 121,963 Base Price Range $71.18 - $86.94, Weighted Average $80.51 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 837 Compared to Prior Day's closing weighted average (LM_HG200), 0.74 higher Price Rng $58.50 - $63.50, Wtd Avg $61.54, 5 Day Rolling Avg $62.18 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 208 *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): 1,045 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 221 Iowa 92,382 Illinois 15,621 Indiana 21,963 Kansas 3,060 Kentucky 510 Michigan 8,737 Minnesota 46,924 Missouri 4,222 Montana 433 North Carolina 15,073 Nebraska 17,422 Ohio 13,985 Oklahoma 2,051 Pennsylvania 3,084 South Carolina 360 South Dakota 8,429 Wisconsin 501 -------------------------------------------------------------------------------- *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 .