LM_HG204 Des Moines, Iowa Tue, May 07, 2019 USDA Market News IOWA/MINNESOTA DAILY DIRECT PRIOR DAY HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Monday, May 6, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 2,557 2,489 3,139 Other Market Formula (Futures/Options) 16,382 175,633 13,705 Swine or Pork Market Formula 75,394 77,839 79,530 Other Purchase Arrangement 37,196 61,571 84,577 Negotiated Formula 643 1,094 591 Packer Sold (all purchase types) 13,212 8,298 11,274 -------------------------------------------------------------------------------- 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 2,315 16,382 74,334 37,196 340 130,567 Base Price 80.89 83.06 79.64 78.24 * 79.49 Packer Sold Head Count 13,165 Base Price 81.30 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,605 Compared to Prior Day's closing weighted average (LM_HG204), 2.47 lower Base Price Rng $72.00 - $81.50, Wtd Avg $80.37, 5 Day Rolling Avg $81.39 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 340 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- ---------------------------------------------------------------------------------- COMBINED NEGOTIATED & FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 7,945 *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 -7.70 185# -0.25 2.00 215# -0.25 3.00 165# -15.00 -3.37 195# 0.00 3.00 225# -2.31 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): 77,746 Base Price Range $70.88 - $84.75, Weighted Average $79.71 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 92 *Price not reported due to confidentiality* 5 Day Rolling Avg $61.48 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 303 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 395 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 97,694 Minnesota 47,690 -------------------------------------------------------------------------------- *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 .