LM_HG210 Des Moines, Iowa Thu, May 02, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Thursday, May 2, 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 6,871 6,871 4,614 5,038 Other Market Formula (Futures/Options) 7,319 7,319 9,826 7,737 Swine or Pork Market Formula 31,134 31,134 28,688 40,228 Other Purchase Arrangement 34,458 34,458 34,647 32,124 Negotiated Formula 932 932 835 1,405 Packer Sold (all purchase types) 10,777 10,777 10,142 2,368 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,320 Compared to Prior Day's closing weighted average (LM_HG207), Base Price Rng $77.01 - $78.35, Wtd Avg $77.51, 5 Day Rolling Avg $77.77 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 320 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,640 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- EASTERN CORNBELT 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 80.50 83.68 82.00 85.32 83.00 86.97 84.00 88.61 84.01 90.81 0.5 77.50 83.68 80.50 85.32 82.51 86.97 83.50 88.61 84.01 90.81 0.6 77.50 82.11 80.50 83.76 81.51 85.40 82.51 87.05 83.51 89.24 0.7 77.50 80.54 77.50 82.19 80.50 83.83 81.51 85.48 83.01 87.67 0.8 76.50 78.98 77.50 80.62 79.51 82.27 81.01 83.91 82.51 86.11 0.9 76.01 77.41 77.50 79.06 77.50 80.70 80.01 82.35 81.01 84.54 1.0 74.50 75.84 76.01 77.49 77.50 79.13 78.51 80.78 80.01 82.97 1.1 72.01 73.88 74.51 76.50 76.01 77.50 77.50 78.82 79.26 82.00 1.2 71.53 73.50 72.01 74.50 74.51 76.50 76.01 77.50 78.51 80.50 1.4 61.35 70.00 62.99 73.50 64.64 74.50 66.28 76.50 68.48 77.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -20.00 -7.84 175# -1.50 0.00 205# -6.27 0.00 155# -11.82 0.00 185# 0.00 0.00 215# -6.27 0.00 165# -5.00 0.00 195# -1.57 0.00 225# -6.27 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 195.04 lb carcass, 0.62 inch back-fat, 6.81 square inch loin/2.27 inch loin depth, FFLI: 53.31% Price Range $82.51 - $87.05 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 31,290 Base Price Range $75.22 - $86.96, Weighted Average $82.76 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 592 Compared to Prior Day's closing weighted average (LM_HG207), 0.41 lower Price Rng $54.45 - $63.50, Wtd Avg $61.67, 5 Day Rolling Avg $62.00 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 332 *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): 924 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 263 Illinois 21,039 Indiana 18,493 Kentucky 870 Michigan 7,113 North Carolina 15,182 New York 170 Ohio 15,281 Pennsylvania 4,011 South Carolina 360 Wisconsin 439 -------------------------------------------------------------------------------- *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 .