LM_HG205 Des Moines, Iowa Tue, Apr 23, 2019 USDA Market News IOWA/MINNESOTA DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN PLANT DELIVERED PURCHASE DATA FOR Tuesday, April 23, 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 2,171 171 328 1,363 Other Market Formula (Futures/Options) 22,284 22,284 12,863 7,508 Swine or Pork Market Formula 54,881 52,204 52,381 45,166 Other Purchase Arrangement 33,141 32,971 18,345 28,702 Negotiated Formula 0 0 0 0 Packer Sold (all purchase types) 2,875 2,875 2,465 3,935 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 450 *Price not reported due to confidentiality* 5 Day Rolling Avg $80.37 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 450 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- IOWA/MINNESOTA 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 *Price not reported due to confidentiality* -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS *Price not reported due to confidentiality* --------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 60,258 Base Price Range $75.89 - $85.15, Weighted Average $81.40 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 149 *Price not reported due to confidentiality* 5 Day Rolling Avg $61.74 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 298 *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): 447 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 85,503 Minnesota 40,781 -------------------------------------------------------------------------------- *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