LM_HG200 Des Moines, Iowa Mon, Aug 19, 2019 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Friday, August 16, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,162 7,053 6,297 Other Market Formula (Futures/Options) 194,618 54,305 70,228 Swine or Pork Market Formula 157,158 135,717 163,559 Other Purchase Arrangement 105,394 93,648 102,285 Negotiated Formula 647 494 1,576 Packer Sold (all purchase types) 19,823 19,559 12,914 -------------------------------------------------------------------------------- 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 5,261 193,961 149,778 101,302 320 450,622 Base Price 69.35 77.32 75.86 75.89 * 76.37 Packer Sold Head Count 18,986 Base Price 75.71 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,301 Compared to the prior day, on a plant by plant basis, weighted average base prices were 3.66 lower to 1.01 higher, mostly steady to 0.50 higher. Slow market activity with light to moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.32 lower Base Price Rng $59.00 - $74.00, Wtd Avg $69.82, 5 Day Rolling Avg $69.86 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 320 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 8,621 *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 62.00 75.00 63.50 76.50 64.50 77.50 65.50 78.50 66.00 79.00 0.5 59.00 73.50 62.00 75.00 64.50 77.50 65.00 78.00 66.00 79.00 0.6 59.00 72.50 62.00 75.00 63.50 76.50 64.50 77.50 65.50 78.50 0.7 59.00 72.00 59.00 72.50 62.00 75.00 64.50 77.50 65.00 78.00 0.8 58.00 71.00 59.00 72.00 62.00 75.00 63.50 76.50 65.00 78.00 0.9 58.00 71.00 59.00 72.00 59.00 72.00 62.00 75.00 64.50 77.50 1.0 56.00 69.00 58.00 71.00 59.00 72.00 62.00 75.00 63.50 76.50 1.1 55.00 68.00 58.00 71.00 59.00 72.00 59.00 72.00 63.50 76.50 1.2 55.00 68.00 56.00 69.00 58.00 71.00 59.00 72.00 62.00 75.00 1.4 51.50 64.50 53.59 68.00 54.99 69.00 56.39 71.00 58.25 72.00 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -6.67 175# -3.00 1.00 205# -5.33 3.00 155# -30.00 0.00 185# -0.25 1.50 215# -5.33 3.00 165# -15.00 0.00 195# -1.33 3.00 225# -5.33 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 199.20 lb carcass, 0.68 inch back-fat, 7.11 square inch loin/2.37 inch loin depth, FFLI: 52.51% Price Range $64.50 - $77.50 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 162,485 Base Price Range $65.70 - $85.98, Weighted Average $75.92 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,279 Compared to Prior Day's closing weighted average (LM_HG200), 0.10 lower Price Rng $47.00 - $57.75, Wtd Avg $54.04, 5 Day Rolling Avg $54.55 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 327 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,606 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 684 Iowa 285,277 Illinois 22,996 Indiana 16,054 Kansas 4,220 Kentucky 1,395 Michigan 6,309 Minnesota 67,735 Missouri 4,578 Mississippi 384 Montana 333 North Carolina 15,389 North Dakota 175 Nebraska 19,718 Ohio 17,329 Oklahoma 2,572 Pennsylvania 3,511 South Dakota 14,584 Utah 749 Wisconsin 810 -------------------------------------------------------------------------------- *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 .