LM_HG210 Des Moines, Iowa Tue, May 07, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Tuesday, May 7, 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 5,957 5,957 3,990 5,941 Other Market Formula (Futures/Options) 11,578 11,578 4,482 10,007 Swine or Pork Market Formula 30,742 30,742 28,112 37,184 Other Purchase Arrangement 28,158 28,158 31,331 31,713 Negotiated Formula 208 208 1,145 1,488 Packer Sold (all purchase types) 11,090 11,090 11,249 2,414 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 5,070 Compared to Prior Day's closing weighted average (LM_HG207), no comparison Base Price Rng $74.00 - $78.50, Wtd Avg $77.74, 5 Day Rolling Avg $77.62 --------------------------------------------------------------------------------- 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): 5,070 *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 77.00 82.94 78.50 84.57 79.50 86.20 80.50 87.83 81.00 90.01 0.5 74.00 82.94 77.00 84.57 79.50 86.20 80.00 87.83 81.00 90.01 0.6 74.00 81.39 77.00 83.02 78.50 84.65 79.50 86.28 80.50 88.45 0.7 74.00 80.00 74.00 81.47 77.00 83.10 78.50 84.73 80.00 86.90 0.8 73.00 79.25 74.00 80.00 77.00 81.54 77.00 83.17 78.50 85.35 0.9 73.00 77.50 74.00 79.25 74.00 80.00 77.00 81.62 77.00 83.80 1.0 71.00 76.00 73.00 77.50 74.00 79.25 76.00 80.07 77.00 82.24 1.1 70.00 73.50 72.00 76.00 74.00 77.50 74.00 79.25 76.00 80.75 1.2 70.00 73.50 70.00 73.50 72.00 76.00 72.00 77.50 74.00 80.00 1.4 60.81 68.50 62.44 73.50 64.07 73.50 65.70 75.00 67.87 77.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -20.00 -7.77 175# -3.00 0.00 205# -6.21 0.00 155# -11.82 0.00 185# 0.00 0.00 215# -6.21 0.00 165# -5.00 0.00 195# -1.55 0.00 225# -6.21 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 192.70 lb carcass, 0.63 inch back-fat, 6.72 square inch loin/2.24 inch loin depth, FFLI: 53.11% Price Range $79.50 - $86.28 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 31,864 Base Price Range $71.46 - $86.94, Weighted Average $82.45 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 772 Compared to Prior Day's closing weighted average (LM_HG207), 0.89 higher Price Rng $58.50 - $63.50, Wtd Avg $61.57, 5 Day Rolling Avg $61.70 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 208 *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): 980 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Illinois 15,621 Indiana 21,963 Kentucky 510 Michigan 8,737 North Carolina 15,073 Ohio 13,985 Pennsylvania 3,084 South Carolina 360 Wisconsin 501 -------------------------------------------------------------------------------- *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 .