LM_HG204 Des Moines, Iowa Mon, Apr 08, 2019 USDA Market News IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Friday, April 5, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 4,231 2,904 5,625 Other Market Formula (Futures/Options) 46,477 40,985 20,788 Swine or Pork Market Formula 107,625 119,433 122,871 Other Purchase Arrangement 65,359 57,086 71,198 Negotiated Formula 471 198 528 Packer Sold (all purchase types) 9,123 5,827 16,734 -------------------------------------------------------------------------------- NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA Barrows & Gilts (carcass basis): Producer Sold Head Count 2,949 46,320 106,975 65,359 0 221,603 Base Price 76.61 79.45 76.52 76.24 * 77.05 Packer Sold Head Count 9,123 Base Price 78.47 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,459 Compared to Prior Day's closing weighted average (LM_HG204), 0.60 lower Base Price Rng $67.00 - $78.50, Wtd Avg $76.66, 5 Day Rolling Avg $76.56 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- ---------------------------------------------------------------------------------- COMBINED NEGOTIATED & FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,459 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- ---------------------------------------------------------------------------------- IOWA/MINNESOTA 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 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00-10.00 175# -1.75 1.00 205# 0.00 3.00 155# -30.00-10.00 185# -0.25 2.00 215# -0.25 3.00 165# -15.00 -3.37 195# 0.00 3.00 225# -2.25 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 112,164 Base Price Range $69.64 - $81.74, Weighted Average $76.55 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 966 Compared to Prior Day's closing weighted average (LM_HG204), 0.23 higher Price Rng $55.00 - $61.25, Wtd Avg $59.61, 5 Day Rolling Avg $59.52 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 463 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,429 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 156,839 Minnesota 76,447 -------------------------------------------------------------------------------- *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. ** Futures/Options 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 0800C .