LM_HG205 Des Moines, Iowa Tue, Apr 09, 2019 USDA Market News IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 9, 2019 (Includes information from 1:30 PM to 9:30 AM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 4,823 2,823 903 259 Other Market Formula (Futures/Options) 14,975 14,975 31,741 5,165 Swine or Pork Market Formula 60,701 58,342 64,193 45,919 Other Purchase Arrangement 24,368 24,368 22,865 24,468 Negotiated Formula 0 0 0 190 Packer Sold (all purchase types) 1,600 1,600 1,950 2,642 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,155 Compared to Prior Day's closing weighted average (LM_HG204), 1.28 lower Base Price Rng $68.00 - $78.00, Wtd Avg $75.07, 5 Day Rolling Avg $76.51 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,155 *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# -27.75-14.62 175# -1.75 -1.35 205# 0.00 0.00 155# -27.75-11.82 185# -0.25 0.00 215# -0.25 0.00 165# -15.00 -3.37 195# 0.00 0.00 225# -2.25 -1.33 -------------------------------------------------------------------------------- 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): 66,067 Base Price Range $70.69 - $80.68, Weighted Average $77.11 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 285 *Price not reported due to confidentiality* 5 Day Rolling Avg $59.06 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 486 *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): 771 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 86,557 Minnesota 37,211 -------------------------------------------------------------------------------- *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 1100C