LM_HG209 Des Moines, Iowa Mon, May 20, 2019 USDA Market News EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Monday, May 20, 2019 (Includes information from 1:30 PM to 9:30 AM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 4,343 4,342 3,348 4,632 Other Market Formula (Futures/Options) 11,777 7,419 12,234 6,687 Swine or Pork Market Formula 21,867 16,826 13,435 26,015 Other Purchase Arrangement 23,855 18,463 17,998 21,293 Negotiated Formula 781 778 427 1,092 Packer Sold (all purchase types) 9,697 9,697 8,871 2,018 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,260 Compared to Prior Day's closing weighted average (LM_HG207), no comparison Base Price Rng $76.00 - $80.50, Wtd Avg $80.06, 5 Day Rolling Avg $80.38 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 165 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 4,425 *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 81.00 85.31 82.50 86.99 82.50 88.67 84.00 90.34 84.00 92.58 0.5 79.50 85.31 81.00 86.99 81.00 88.67 82.50 90.34 82.50 92.58 0.6 79.50 83.71 79.50 85.39 81.00 87.07 81.00 88.75 82.50 90.98 0.7 78.00 82.12 78.00 83.79 79.50 85.47 79.50 87.15 81.00 89.39 0.8 77.00 81.25 78.00 82.20 78.00 83.87 78.00 85.55 79.50 87.79 0.9 75.00 79.50 77.00 81.25 77.00 82.28 78.00 83.95 78.00 86.19 1.0 75.00 78.00 75.00 79.50 75.00 81.25 77.00 82.36 78.00 84.59 1.1 73.00 75.50 73.00 78.00 75.00 79.50 75.00 81.25 77.00 82.75 1.2 71.00 75.50 71.00 75.50 73.00 78.00 73.00 79.50 75.00 82.00 1.4 62.55 69.50 64.22 75.50 65.90 75.50 67.58 75.50 69.82 79.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -7.99 175# -3.00 1.00 205# -6.39 3.00 155# -30.00 0.00 185# 0.00 1.50 215# -6.39 3.00 165# -15.00 0.00 195# -1.60 3.00 225# -6.39 1.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 191.49 lb carcass, 0.62 inch back-fat, 6.69 square inch loin/2.23 inch loin depth, FFLI: 53.27% Price Range $81.00 - $88.75 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 18,508 Base Price Range $76.74 - $89.12, Weighted Average $85.87 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 96 *Price not reported due to confidentiality* 5 Day Rolling Avg $62.45 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 292 *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): 388 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Georgia 160 Illinois 14,268 Indiana 12,773 Kentucky 710 Michigan 2,627 Mississippi 378 North Carolina 12,886 Ohio 6,987 Pennsylvania 1,161 South Carolina 360 Wisconsin 366 -------------------------------------------------------------------------------- *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 1100C .