LM_HG200 Des Moines, Iowa Fri, Jul 19, 2019 USDA Market News NATIONAL DAILY DIRECT PRIOR DAY HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, July 18, 2019 CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Actual Actual Actual Prior Day Week Ago Year Ago Producer Sold Negotiated 7,189 6,657 7,870 Other Market Formula (Futures/Options) 35,168 48,768 28,184 Swine or Pork Market Formula 103,960 115,906 150,437 Other Purchase Arrangement 69,333 73,049 91,997 Negotiated Formula 128 325 1,862 Packer Sold (all purchase types) 16,696 17,005 6,661 -------------------------------------------------------------------------------- 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 5,651 34,190 97,720 66,102 128 203,791 Base Price 69.61 79.57 71.21 72.73 * 73.02 Packer Sold Head Count 16,696 Base Price 74.96 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 8,951 Compared to the prior day, on a plant by plant basis, weighted average base prices were 5.03 lower to 3.83 higher, mostly steady to firm. Moderate market activity with moderate demand. Compared to Prior Day's closing weighted average (LM_HG200), 0.16 higher Base Price Rng $62.00 - $76.50, Wtd Avg $71.69, 5 Day Rolling Avg $70.01 --------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 128 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- --------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (carcass basis): 9,079 *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 65.00 75.00 66.50 76.50 67.50 76.50 68.50 78.00 69.00 79.66 0.5 62.00 73.50 65.00 75.00 67.50 76.29 68.00 77.73 69.00 79.66 0.6 62.00 73.50 65.00 73.50 66.50 75.00 67.50 76.36 68.50 78.28 0.7 62.00 72.00 62.00 72.10 65.00 73.54 67.50 74.98 68.00 76.91 0.8 61.00 71.00 62.00 72.00 65.00 72.17 66.50 73.61 68.00 75.53 0.9 61.00 69.00 62.00 71.00 62.00 71.00 65.00 72.24 67.50 74.16 1.0 59.00 69.00 61.00 69.00 62.00 69.42 65.00 71.00 66.50 72.79 1.1 58.00 67.00 61.00 67.00 62.00 69.00 62.00 69.25 66.50 71.07 1.2 58.00 65.00 59.00 65.00 61.00 67.00 62.00 67.50 65.00 70.00 1.4 53.82 59.00 55.26 63.50 56.70 63.50 58.15 65.00 60.07 67.50 --------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -30.00 -6.87 175# -3.25 1.00 205# -5.50 3.00 155# -30.00 0.00 185# -1.50 1.50 215# -5.50 3.00 165# -15.00 0.00 195# -1.37 3.00 225# -5.50 1.00 --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 200.70 lb carcass, 0.72 inch back-fat, 7.02 square inch loin/2.34 inch loin depth, FFLI: 51.81% Price Range $67.50 - $74.98 --------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 109,308 Base Price Range $65.29 - $78.40, Weighted Average $71.67 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,056 Compared to Prior Day's closing weighted average (LM_HG200), 1.82 lower Price Rng $45.50 - $57.50, Wtd Avg $52.63, 5 Day Rolling Avg $52.60 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED AND NEGOTIATED FORMULA PURCHASES (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,056 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Arkansas 22 Canada 1,031 Colorado 150 Iowa 84,428 Illinois 16,748 Indiana 17,688 Kansas 2,691 Kentucky 1,342 Maryland 168 Michigan 6,559 Minnesota 40,995 Missouri 4,102 North Carolina 13,594 North Dakota 720 Nebraska 11,457 Ohio 15,369 Oklahoma 3,500 Pennsylvania 4,026 South Carolina 360 South Dakota 4,236 Wisconsin 3,288 -------------------------------------------------------------------------------- *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 .