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National Daily Direct Hog Prior Day - Slaughtered Swine

Past Market Reports

Report Date: 5/17/2019

LM_HG201
Des Moines, Iowa               Fri, May 17, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, May 16, 2019

Barrows and Gilts (Live and Carcass Basis): 410,373

                      NEGOTIATED    OTHER     SWINE    OTHER NEGOTIATED  TOTALS/
                                   MARKET   OR PORK PURCHASE    FORMULA  WTD AVG
                                  FORMULA    MARKET ARRGMENT
                                (FUT/OPT)** FORMULA
--------------------------------------------------------------------------------
Producer Sold:

HEAD COUNT                 6,739   58,018   104,655   75,033      1,253  245,698
CARCASS BASE PRICE         80.29    82.91     82.17    81.06          *    81.99
AVERAGE NET PRICE          82.51    85.08     84.93    82.39          *    84.15
LOWEST NET LOT             75.33    65.70     72.06    70.11          *    70.70
HIGHEST NET LOT            88.25    97.83     98.15    95.49          *    94.80
AVERAGE LIVE WT           274.77   284.13    284.47   282.53          *   283.57
AVERAGE CARCASS WT        196.54   213.37    214.27   213.16          *   213.40
AVERAGE SORT LOSS          -2.55    -1.41     -1.64    -1.18          *    -1.47
AVERAGE BACKFAT             0.68     0.63      0.63     0.66          *     0.64
AVG LOIN DEPTH (LD)         2.24     2.62      2.70     2.64          *     2.66
LEA (LD Converted)          6.71     7.86      8.12     7.95          *     7.99
AVERAGE LEAN PERCENT       54.17    56.18     56.22    55.91          *    56.12
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,436
CARCASS BASE PRICE                84.45
AVERAGE NET PRICE                 85.47
AVERAGE OF LOWEST NET LOTS        78.04
AVERAGE OF HIGHEST NET LOTS       86.86
AVERAGE LIVE WT                  280.01
AVERAGE CARCASS WT               209.41
AVERAGE SORT LOSS                 -1.20
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.58
LOINEYE AREA (LD Converted)        7.74
AVERAGE LEAN PERCENT              54.89
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      145,239
AVERAGE LIVE WT                  286.95
AVERAGE CARCASS WT               217.46
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.23
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.71 lbs carcass;  BF 0.65;  LD 2.61;  LEA 7.85;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $82.14
                    Wtd Avg Net Price        $84.23
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 17, 2019                       392,187
   May 18, 2019                        62,444
   May 19, 2019                        37,747
   May 20, 2019                       365,491
   May 21, 2019                       362,992
   May 22, 2019                       359,834
   May 23, 2019                       351,986
   May 24, 2019                       266,609
   May 25, 2019                        21,895
   May 26, 2019                         2,875
   May 27, 2019                        25,120
   May 28, 2019                       153,794
   May 29, 2019                       149,599
   May 30, 2019                       148,303
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     6,739        1,253       7,992
CARCASS BASE PRICE             80.29            *       80.29
AVERAGE NET PRICE              82.51            *       82.51
LOWEST NET LOT                 75.33            *       75.33
HIGHEST NET LOT                88.25            *       88.25
AVERAGE LIVE WT               274.77            *      276.91
AVERAGE CARCASS WT            196.54            *      198.44
AVERAGE SORT LOSS              -2.55            *       -2.56
AVERAGE BACKFAT                 0.68            *        0.68
AVG LOIN DEPTH (LD)             2.24            *        2.32
LEA (LD Converted)              6.71            *        6.95
AVERAGE LEAN PERCENT           54.17            *       54.47
(Packer Buying Programs)
--------------------------------------------------------------------------------
* Price not reported due to confidentiality. For more information visit:
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

** 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
1000C


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