National Daily Direct Hogs Afternoon
USDA - Mon Apr 15, 3:05PM CDT
LM_HG203
Des Moines, Iowa                Mon, Apr 15, 2019               USDA Market News

NATIONAL DAILY DIRECT AFTERNOON HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Monday, April 15, 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                                8,371      8,371      7,682      7,664
Other Market Formula (Futures/Options)   71,175     71,175     67,684     36,336
Swine or Pork Market Formula            154,852    154,515    145,796    153,361
Other Purchase Arrangement              176,499    176,499    196,348    189,263
Negotiated Formula                          878        878      1,174      1,786
Packer Sold (all purchase types)         10,416     10,416     19,513     13,670
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 8,312

Compared to Prior Day's closing weighted average (LM_HG200),  0.13 higher

Base Price Rng $67.00 - $78.50, Wtd Avg $76.38, 5 Day Rolling Avg $75.79
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0                     5 Day Rolling Avg $--
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        COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 8,312

*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  80.88   71.50  82.47   72.50  84.06   73.50  85.65   74.00  87.77
0.5   67.00  80.88   70.00  82.47   72.50  84.06   73.00  85.65   74.00  87.77
0.6   67.00  79.37   70.00  80.96   71.50  82.55   72.50  84.14   73.50  86.26
0.7   67.00  77.85   67.00  79.44   70.00  81.03   72.50  82.62   73.00  84.74
0.8   66.00  76.34   67.00  77.93   70.00  79.52   71.50  81.11   73.00  83.23
0.9   66.00  74.82   67.00  76.41   67.00  78.00   70.00  79.59   72.50  81.71
1.0   64.00  73.31   66.00  74.90   67.00  76.49   70.00  78.08   71.50  80.20
1.1   63.00  71.41   66.00  73.00   67.00  74.59   67.00  76.18   71.50  78.30
1.2   63.00  69.14   64.00  70.73   66.00  72.32   67.00  73.91   70.00  76.03
1.4   59.30  65.50   60.89  69.00   62.48  70.00   64.07  72.00   66.19  73.00
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -7.57          175#   -3.00  1.00          205#   -6.06  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -6.06  3.00
    165#   -15.00  0.00          195#   -1.51  3.00          225#   -6.06  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 200.91 lb carcass, 0.65 inch back-fat,
7.21 square inch loin/2.40 inch loin depth, FFLI: 53.02%

Price Range $72.50 - $82.62
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 156,577

Base Price Range $72.07 - $82.37, Weighted Average $78.03
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,141

Compared to Prior Day's closing weighted average (LM_HG200), 0.20 higher

Price Rng $52.25 - $61.50, Wtd Avg $58.85, 5 Day Rolling Avg $58.77
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 878

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

Barrows & Gilts (live basis, 240-320 lbs): 2,019

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

Canada                  135               Colorado                 320
Delaware                 61               Iowa                 213,978
Illinois             24,590               Indiana               32,178
Kansas                3,023               Kentucky               1,665
Michigan              7,089               Minnesota             70,053
Missouri              3,820               Montana                  860
North Carolina        4,704               North Dakota             170
Nebraska             22,657               New York                 170
Ohio                 13,684               Oklahoma               2,301
Pennsylvania          2,391               South Dakota          15,408
Tennessee             2,448               Wisconsin                149
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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.

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

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