National Daily Direct Prior Purchased Swine
LM_HG200
Des Moines, Iowa                Thu, Apr 18, 2019               USDA Market News

NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, April 17, 2019

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

                                           Actual          Actual         Actual
                                        Prior Day        Week Ago       Year Ago
Producer Sold
  Negotiated                                7,286           9,784         15,784
  Other Market Formula (Futures/Options)   58,152          44,023         33,327
  Swine or Pork Market Formula            121,386         129,036        131,306
  Other Purchase Arrangement               72,339          70,992         82,081
  Negotiated Formula                          567           1,706          1,107
Packer Sold (all purchase types)           16,596          15,436          9,532
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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         5,780    56,448     113,013      68,802          0  244,043
  Base Price         76.16     86.12       78.91       80.06          *    80.84
Packer Sold
  Head Count                                                              16,113
  Base Price                                                               81.20
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis):   7,430

Compared to the prior day, on a plant by plant basis, weighted average base 
prices were 2.48 lower to 2.00 higher, mostly 0.25 to 0.75 higher. Slow 
market activity with light demand.

Compared to Prior Day's closing weighted average (LM_HG200),   0.37 lower

Base Price Rng $70.00 - $80.00, Wtd Avg $77.01, 5 Day Rolling Avg $76.54
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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 FORMULA PURCHASES (Including Packer Sold)

Barrows & Gilts (carcass basis):   7,430

*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   73.00  82.00   74.50  83.50   75.50  84.80   76.50  86.41   77.00  88.55
0.5   70.00  81.60   73.00  83.20   75.50  84.80   76.00  86.41   77.00  88.55
0.6   70.00  80.50   73.00  81.67   74.50  83.28   75.50  84.88   76.50  87.02
0.7   70.00  79.50   70.00  80.50   73.00  82.00   75.50  83.35   76.00  85.49
0.8   69.00  78.75   70.00  79.50   73.00  80.50   74.50  82.00   76.00  83.96
0.9   69.00  77.00   70.00  78.75   70.00  79.50   73.00  81.00   75.50  82.44
1.0   67.00  75.50   69.00  77.00   70.00  78.75   73.00  79.50   74.50  81.00
1.1   66.00  73.00   69.00  75.50   70.00  77.00   70.00  78.75   74.50  80.50
1.2   66.00  73.00   67.00  73.00   69.00  75.50   70.00  77.00   73.00  79.50
1.4   59.82  68.50   61.43  73.00   63.03  73.00   64.63  75.00   66.77  77.00
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                          CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -7.64          175#   -1.75  1.00          205#   -6.11  3.00
    155#   -30.00  0.00          185#   -0.25  1.50          215#   -6.11  3.00
    165#   -15.00  0.00          195#   -1.53  3.00          225#   -6.11  1.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

5-Day Rolling Average Market Hog: 203.50 lb carcass, 0.65 inch back-fat,
7.27 square inch loin/2.42 inch loin depth, FFLI: 53.03%

Price Range $75.50 - $83.35
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 125,660

Base Price Range $74.12 - $83.09, Weighted Average $79.14
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 947

Compared to Prior Day's closing weighted average (LM_HG200),  1.18 higher

Price Rng $53.78 - $61.75, Wtd Avg $60.11, 5 Day Rolling Avg $58.85
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 735

*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): 1,682

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

Canada                  450             Iowa                 116,055
Illinois             22,201             Indiana               22,182
Kansas                2,156             Kentucky                 355
Michigan              8,996             Minnesota             41,279
Missouri              2,947             Montana                  645
North Carolina       15,990             Nebraska              16,075
New York                170             Ohio                  12,637
Oklahoma              2,395             Pennsylvania           4,618
South Carolina          180             South Dakota           8,330
Utah                    315
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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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