LM_HG203 Des Moines, Iowa Fri, May 10, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, May 10, 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 9,581 9,581 5,832 7,503 Other Market Formula (Futures/Options) 28,633 28,633 35,057 34,565 Swine or Pork Market Formula 109,649 109,649 119,835 137,617 Other Purchase Arrangement 61,871 61,871 81,907 84,569 Negotiated Formula 1,953 1,953 1,697 1,549 Packer Sold (all purchase types) 18,125 18,125 17,239 6,990 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,517 Compared to Prior Day's closing weighted average (LM_HG200), 0.28 higher Base Price Rng $72.00 - $84.00, Wtd Avg $80.80, 5 Day Rolling Avg $79.68 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 985 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 12,502 *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 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 79.83 72.00 81.47 75.00 83.10 77.50 84.73 78.00 86.90 0.8 71.00 78.75 72.00 79.91 75.00 81.54 76.50 83.17 78.00 85.35 0.9 71.00 78.00 72.00 78.75 72.00 79.99 75.00 81.62 77.50 83.80 1.0 69.00 76.00 71.00 78.00 72.00 79.00 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 76.50 80.50 1.2 68.00 73.00 69.00 74.00 71.00 78.00 72.00 79.00 75.00 80.00 1.4 60.81 67.50 62.44 73.00 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: 203.20 lb carcass, 0.69 inch back-fat, 7.08 square inch loin/2.36 inch loin depth, FFLI: 52.30% Price Range $77.50 - $84.73 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 120,114 Base Price Range $74.05 - $86.27, Weighted Average $81.17 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 823 Compared to Prior Day's closing weighted average (LM_HG200), 0.16 lower Price Rng $57.50 - $63.50, Wtd Avg $61.36, 5 Day Rolling Avg $61.75 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 839 *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): 1,662 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 439 Delaware 52 Georgia 340 Iowa 76,264 Illinois 16,752 Indiana 14,357 Kansas 2,384 Kentucky 525 Michigan 8,845 Minnesota 44,860 Missouri 2,920 Montana 217 North Carolina 12,129 North Dakota 417 Nebraska 17,802 Ohio 13,826 Oklahoma 2,662 Pennsylvania 3,452 South Carolina 180 South Dakota 10,915 Wisconsin 474 -------------------------------------------------------------------------------- *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 .