National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Mon, Apr 15, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, April 12, 2019

                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                5,634           7,548          9,725
  Other Market Formula (Futures/Options)   96,005          75,320         48,936
  Swine or Pork Market Formula            153,239         152,653        157,756
  Other Purchase Arrangement              107,990         114,994        165,862
  Negotiated Formula                        1,398           1,454          1,670
Packer Sold (all purchase types)           12,671          18,949         13,716
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                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         3,870    95,665     149,100     104,896        490  354,021
  Base Price         74.84     83.66       77.53       77.43          *    79.02
Packer Sold
  Head Count                                                              11,607
  Base Price                                                               77.68
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   7,300

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 3.67 lower to 2.71 higher, the market trend is not well established. 
Slow market activity with light demand.

Compared to Prior Day's closing weighted average (LM_HG200),   1.69 higher

Base Price Rng $67.00 - $78.50, Wtd Avg $76.25, 5 Day Rolling Avg $75.58
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   490

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   7,790

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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                NATIONAL 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   70.00  81.41   71.50  83.01   72.50  84.62   73.50  86.22   74.00  88.35
0.5   67.00  81.41   70.00  83.01   72.50  84.62   73.00  86.22   74.00  88.35
0.6   67.00  79.89   70.00  81.49   71.50  83.09   72.50  84.69   73.50  86.83
0.7   67.00  78.36   67.00  79.97   70.00  81.57   72.50  83.17   73.00  85.30
0.8   66.00  76.84   67.00  78.44   70.00  80.04   71.50  81.64   73.00  83.78
0.9   66.00  75.32   67.00  76.92   67.00  78.52   70.00  80.12   72.50  82.25
1.0   64.00  73.79   66.00  75.39   67.00  76.99   70.00  78.59   71.50  80.73
1.1   63.00  71.88   66.00  73.50   67.00  75.09   67.00  76.75   71.50  78.82
1.2   63.00  71.00   64.00  71.20   66.00  73.50   67.00  75.00   70.00  77.50
1.4   59.50  65.00   61.29  71.00   62.89  71.00   64.49  73.50   66.63  75.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00 -7.62          175#   -4.00  1.00          205#   -6.10  3.00
    155#   -30.00  0.00          185#   -1.00  2.00          215#   -6.10  3.00
    165#   -15.00  0.00          195#   -1.52  3.00          225#   -6.10  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 201.00 lb carcass, 0.66 inch back-fat,
7.17 square inch loin/2.39 inch loin depth, FFLI: 52.84%

Price Range $72.50 - $83.17
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 155,982

Base Price Range $72.07 - $82.37, Weighted Average $77.53
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,450

Compared to Prior Day's closing weighted average (LM_HG200),  0.48 higher

Price Rng $51.73 - $60.00, Wtd Avg $58.65, 5 Day Rolling Avg $58.56
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 743

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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   COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,193

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Canada                  220             Delaware                  61
Georgia                 160             Iowa                 142,349
Illinois             24,131             Indiana               26,595
Kansas                3,083             Kentucky                 851
Michigan              8,471             Minnesota             76,449
Missouri              2,917             Montana                  404
North Carolina        7,417             North Dakota             170
Nebraska             24,701             New York                 170
Ohio                 33,861             Oklahoma               2,327
Pennsylvania          3,450             South Carolina           180
South Dakota         15,888             Tennessee              1,612
Utah                  1,172             Wisconsin                298
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*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

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