National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/19/2018

Past Market Reports

Report Date: 11/19/2018

LM_HG201
Des Moines, Iowa               Mon, Nov 19, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, November 16, 2018 and Saturday, November 17, 2018

Barrows and Gilts (Live and Carcass Basis): 691,383

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

HEAD COUNT                12,200   61,433   204,153  158,606      1,228  437,620
CARCASS BASE PRICE         53.51    54.88     56.01    62.73          *    58.25
AVERAGE NET PRICE          55.52    57.65     58.43    63.78          *    60.23
LOWEST NET LOT             46.04    45.62     37.18    46.29          *    44.67
HIGHEST NET LOT            60.79    66.92     72.67    80.31          *    70.10
AVERAGE LIVE WT           272.21   284.98    284.97   283.82          *   284.21
AVERAGE CARCASS WT        205.43   214.58    213.68   212.24          *   213.06
AVERAGE SORT LOSS          -1.56    -1.70     -1.52    -1.22          *    -1.44
AVERAGE BACKFAT             0.67     0.62      0.65     0.72          *     0.67
AVG LOIN DEPTH (LD)         2.49     2.74      2.68     2.52          *     2.64
LEA (LD Converted)          7.48     8.26      8.07     7.58          *     7.93
AVERAGE LEAN PERCENT       54.90    56.43     55.99    55.35          *    55.84
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,910
CARCASS BASE PRICE                54.74
AVERAGE NET PRICE                 57.09
AVERAGE OF LOWEST NET LOTS        53.05
AVERAGE OF HIGHEST NET LOTS       65.24
AVERAGE LIVE WT                  279.54
AVERAGE CARCASS WT               208.48
AVERAGE SORT LOSS                 -1.34
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.86
AVERAGE LEAN PERCENT              55.48
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      238,853
AVERAGE LIVE WT                  286.27
AVERAGE CARCASS WT               217.00
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              53.83
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.34 lbs carcass;  BF 0.67;  LD 2.60;  LEA 7.81;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $58.13
                    Wtd Avg Net Price        $60.12
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 19, 2018                  447,703
   November 20, 2018                  415,815
   November 21, 2018                  385,402
   November 22, 2018                   15,791
   November 23, 2018                  415,213
   November 24, 2018                  299,608
   November 25, 2018                   18,416
   November 26, 2018                  149,064
   November 27, 2018                  151,719
   November 28, 2018                  151,945
   November 29, 2018                  148,721
   November 30, 2018                  141,310
   December 01, 2018                   40,717
   December 02, 2018                   11,265
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    12,200        1,228      13,428
CARCASS BASE PRICE             53.51            *       53.51
AVERAGE NET PRICE              55.52            *       55.52
LOWEST NET LOT                 46.04            *       46.04
HIGHEST NET LOT                60.79            *       60.79
AVERAGE LIVE WT               272.21            *      272.17
AVERAGE CARCASS WT            205.43            *      205.27
AVERAGE SORT LOSS              -1.56            *       -1.53
AVERAGE BACKFAT                 0.67            *        0.67
AVG LOIN DEPTH (LD)             2.49            *        2.50
LEA (LD Converted)              7.48            *        7.50
AVERAGE LEAN PERCENT           54.90            *       54.96
(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
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