LM_HG202 Des Moines, Iowa Thu, Jul 18, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, July 18, 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 7,668 5,037 3,514 6,816 Other Market Formula (Futures/Options) 31,182 29,747 31,012 15,272 Swine or Pork Market Formula 89,215 80,069 81,431 91,337 Other Purchase Arrangement 58,115 50,178 52,670 63,618 Negotiated Formula 0 0 0 1,620 Packer Sold (all purchase types) 20,205 20,205 14,406 4,746 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,567 Compared to Prior Day's closing weighted average (LM_HG200), 0.62 higher Base Price Rng $58.00 - $76.00, Wtd Avg $72.15, 5 Day Rolling Avg $69.94 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 11,567 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- 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 61.00 73.40 62.50 74.85 63.50 76.29 64.50 77.73 65.00 79.66 0.5 58.00 73.40 61.00 74.85 63.50 76.29 64.00 77.73 65.00 79.66 0.6 58.00 72.03 61.00 73.47 62.50 74.92 63.50 76.36 64.50 78.28 0.7 58.00 71.50 58.00 72.10 61.00 73.54 63.50 75.00 64.00 76.91 0.8 57.00 71.00 58.00 71.50 61.00 72.50 62.50 74.00 64.00 75.53 0.9 57.00 70.50 58.00 71.00 58.00 72.00 61.00 73.00 63.50 75.00 1.0 55.00 68.50 57.00 70.50 58.00 71.50 61.00 72.50 62.50 74.00 1.1 54.00 66.50 57.00 68.50 58.00 71.00 58.00 72.00 62.50 73.00 1.2 54.00 63.50 55.00 66.50 57.00 70.50 58.00 71.50 61.00 72.50 1.4 50.50 58.50 54.00 63.50 55.00 66.50 57.00 70.50 58.00 71.50 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -6.87 175# -4.00 0.00 205# -5.50 0.00 155# -27.75 0.00 185# -1.00 0.00 215# -5.50 0.00 165# -15.00 0.00 195# -1.37 0.00 225# -5.50 0.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 201.57 lb carcass, 0.72 inch back-fat, 7.08 square inch loin/2.36 inch loin depth, FFLI: 51.85% Price Range $63.50 - $75.00 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 86,945 Base Price Range $65.12 - $76.36, Weighted Average $71.75 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 660 Compared to Prior Day's closing weighted average (LM_HG200), 0.38 lower Price Rng $49.00 - $56.00, Wtd Avg $54.07, 5 Day Rolling Avg $52.59 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 660 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 1,153 Iowa 70,387 Illinois 13,424 Indiana 7,802 Kansas 2,211 Kentucky 1,192 Maryland 170 Michigan 4,032 Minnesota 32,716 Missouri 4,200 North Carolina 14,704 North Dakota 70 Nebraska 12,470 New York 170 Ohio 7,806 Oklahoma 3,149 Pennsylvania 2,654 South Carolina 360 South Dakota 2,968 Wisconsin 3,257 West Virginia 340 -------------------------------------------------------------------------------- *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 .