National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/21/2018

Past Market Reports

Report Date: 12/21/2018

LM_HG201
Des Moines, Iowa               Fri, Dec 21, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, December 20, 2018

Barrows and Gilts (Live and Carcass Basis): 441,563

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

HEAD COUNT                 8,161   40,291   143,985   90,039      1,607  284,083
CARCASS BASE PRICE         45.60    58.94     51.60    61.81          *    55.81
AVERAGE NET PRICE          47.23    61.25     53.77    62.67          *    57.60
LOWEST NET LOT             38.20    48.03     36.57    40.71          *    41.16
HIGHEST NET LOT            57.82    74.32     70.55    81.20          *    75.61
AVERAGE LIVE WT           272.68   286.22    285.00   280.65          *   283.55
AVERAGE CARCASS WT        193.16   216.40    214.24   210.43          *   212.85
AVERAGE SORT LOSS          -1.70    -1.99     -1.65    -1.41          *    -1.63
AVERAGE BACKFAT             0.64     0.62      0.65     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.24     2.73      2.66     2.50          *     2.63
LEA (LD Converted)          6.71     8.22      8.00     7.50          *     7.91
AVERAGE LEAN PERCENT       54.40    56.33     55.88    55.32          *    55.82
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,528
CARCASS BASE PRICE                48.63
AVERAGE NET PRICE                 51.16
AVERAGE OF LOWEST NET LOTS        43.90
AVERAGE OF HIGHEST NET LOTS       58.81
AVERAGE LIVE WT                  277.65
AVERAGE CARCASS WT               209.47
AVERAGE SORT LOSS                 -1.53
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.09
AVERAGE LEAN PERCENT              56.16
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      148,952
AVERAGE LIVE WT                  287.43
AVERAGE CARCASS WT               217.59
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              54.14
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.40 lbs carcass;  BF 0.66;  LD 2.60;  LEA 7.80;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $55.59
                    Wtd Avg Net Price        $57.41
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 21, 2018                  436,238
   December 22, 2018                  292,808
   December 23, 2018                   13,039
   December 24, 2018                   67,860
   December 25, 2018                    9,165
   December 26, 2018                  400,660
   December 27, 2018                  396,497
   December 28, 2018                  393,191
   December 29, 2018                  335,274
   December 30, 2018                   25,411
   December 31, 2018                  118,660
   January 01, 2019                     4,746
   January 02, 2019                   173,214
   January 03, 2019                   171,720
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,161        1,607        9,768
CARCASS BASE PRICE             45.60            *        45.60
AVERAGE NET PRICE              47.23            *        47.23
LOWEST NET LOT                 38.20            *        38.20
HIGHEST NET LOT                57.82            *        57.82
AVERAGE LIVE WT               272.68            *       275.11
AVERAGE CARCASS WT            193.16            *       193.77
AVERAGE SORT LOSS              -1.70            *        -1.70
AVERAGE BACKFAT                 0.64            *         0.64
AVG LOIN DEPTH (LD)             2.24            *         2.25
LEA (LD Converted)              6.71            *         6.74
AVERAGE LEAN PERCENT           54.40            *        54.42
(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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