Western Cornbelt Daily Direct Hogs Afternoon
LM_HG212
Des Moines, Iowa                Mon, Apr 15, 2019               USDA Market News

WESTERN CORNBELT DAILY DIRECT AFTERNOON HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Monday, April 15, 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                                4,781      4,781      3,604      3,743
Other Market Formula (Futures/Options)   34,936     34,936     46,443     22,421
Swine or Pork Market Formula            125,609    125,609    110,133    104,201
Other Purchase Arrangement              145,002    145,002    159,377    151,533
Negotiated Formula                            0          0          0          0
Packer Sold (all purchase types)          5,735      5,735      8,240      9,255
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,245

Compared to Prior Day's closing weighted average (LM_HG208), 1.09 higher

Base Price Rng $67.00 - $78.50, Wtd Avg $77.42, 5 Day Rolling Avg $76.16
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0                     5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 4,245

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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          WESTERN CORNBELT 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*
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                        CARCASS WEIGHT DIFFERENTIALS

   145#    -30.00 -10.00        175#   -3.00  1.00          205#    0.00  3.00
   155#    -30.00  -7.85        185#   -0.25  2.00          215#   -0.25  3.00
   165#    -15.00  -3.37        195#    0.00  3.00          225#   -2.36  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

*Price not reported due to confidentiality*
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 133,875

Base Price Range $72.07 - $82.01, Weighted Average $78.06
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,067

Compared to Prior Day's closing weighted average (LM_HG208), 0.30 higher

Price Rng $52.25 - $59.25, Wtd Avg $58.94, 5 Day Rolling Avg $58.86
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 319

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,386

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Iowa                213,978               Kansas                 3,023
Minnesota            70,053               Missouri               3,820
Nebraska             22,657               South Dakota          15,408
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*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