LM_HG203 Des Moines, Iowa Tue, Jan 08, 2019 USDA Market News NATIONAL DAILY DIRECT AFTERNOON HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Tuesday, January 8, 2019 (Includes information from 1:30 PM to 1:30 PM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 10,255 10,255 0 13,983 Other Market Formula (Futures/Options) 33,993 33,993 1,505 38,048 Swine or Pork Market Formula 137,666 137,666 20,960 141,138 Other Purchase Arrangement 73,897 73,897 10,912 77,068 Negotiated Formula 1,778 1,778 0 1,734 Packer Sold (all purchase types) 9,045 9,045 1,255 12,211 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,082 Compared to Prior Day's closing weighted average (LM_HG200), 1.16 higher Base Price Rng $46.00 - $51.50, Wtd Avg $50.18, 5 Day Rolling Avg $48.03 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 320 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 9,402 *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 49.00 52.44 50.50 53.50 51.50 54.50 50.00 55.53 50.00 56.91 0.5 46.00 52.44 49.00 53.47 51.50 54.50 50.00 55.53 50.00 56.91 0.6 46.00 51.46 49.00 52.49 50.50 53.52 51.50 54.55 50.00 55.92 0.7 46.00 50.47 46.00 51.51 49.00 52.54 50.50 54.50 50.00 55.00 0.8 45.00 49.49 46.00 50.52 49.00 52.00 49.00 53.50 50.50 55.00 0.9 45.00 48.51 46.00 49.54 46.00 50.57 49.00 52.00 49.00 54.50 1.0 43.00 47.53 45.00 48.56 46.00 49.59 48.00 52.00 49.00 53.50 1.1 42.00 46.30 44.00 48.00 46.00 49.00 46.00 49.39 48.00 53.50 1.2 40.00 45.00 42.00 46.00 44.00 48.00 44.00 49.00 46.00 52.00 1.4 35.00 41.50 39.00 45.00 39.00 46.00 41.54 48.00 42.00 49.00 -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -32.00 -4.91 175# -4.00 1.00 205# -3.93 3.00 155# -30.00 0.00 185# -1.00 2.00 215# -3.93 3.00 165# -15.00 0.00 195# -0.98 3.00 225# -3.93 2.00 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED 5-Day Rolling Average Market Hog: 202.37 lb carcass, 0.62 inch back-fat, 6.96 square inch loin/2.32 inch loin depth, FFLI: 53.31% Price Range $51.50 - $54.55 -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 138,751 Base Price Range $46.60 - $66.06, Weighted Average $54.36 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 744 Compared to Prior Day's closing weighted average (LM_HG200), no comparision Price Rng $36.00 - $40.00, Wtd Avg $39.09, 5 Day Rolling Avg $37.48 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,210 *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): 1,954 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Canada 221 Iowa 99,879 Illinois 15,865 Indiana 16,919 Kansas 2,268 Kentucky 2,678 Michigan 10,859 Minnesota 49,478 Missouri 3,535 Montana 441 North Carolina 16,167 North Dakota 200 Nebraska 13,923 Ohio 16,006 Oklahoma 2,278 Pennsylvania 4,600 South Carolina 900 South Dakota 8,663 Tennessee 1,109 Wisconsin 645 -------------------------------------------------------------------------------- *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 1500C .