National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/7/2019

Past Market Reports

Report Date: 1/7/2019

LM_HG201
Des Moines, Iowa               Mon, Jan 07, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, January 4, 2019 and Saturday, January 5, 2019

Barrows and Gilts (Live and Carcass Basis): 845,234

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

HEAD COUNT                12,364   89,709   268,880  157,320      1,786  530,059
CARCASS BASE PRICE         44.95    59.37     53.44    62.05          *    56.84
AVERAGE NET PRICE          45.92    61.36     55.33    62.83          *    58.43
LOWEST NET LOT             35.26    44.94     36.23    36.36          *    37.68
HIGHEST NET LOT            53.55    70.98     68.93    79.20          *    67.11
AVERAGE LIVE WT           280.00   291.28    289.06   284.92          *   288.05
AVERAGE CARCASS WT        209.16   220.73    217.49   214.60          *   217.00
AVERAGE SORT LOSS          -2.61    -2.49     -1.92    -1.59          *    -1.94
AVERAGE BACKFAT             0.63     0.63      0.65     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.41     2.74      2.69     2.51          *     2.65
LEA (LD Converted)          7.24     8.24      8.08     7.54          *     7.98
AVERAGE LEAN PERCENT       54.48    56.20     56.01    55.21          *    55.84
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       20,843
CARCASS BASE PRICE                50.64
AVERAGE NET PRICE                 52.69
AVERAGE OF LOWEST NET LOTS        43.52
AVERAGE OF HIGHEST NET LOTS       62.54
AVERAGE LIVE WT                  276.14
AVERAGE CARCASS WT               206.71
AVERAGE SORT LOSS                 -1.99
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.95
AVERAGE LEAN PERCENT              55.92
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      294,332
AVERAGE LIVE WT                  290.05
AVERAGE CARCASS WT               219.54
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              54.14
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
217.63 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.87;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.60
                    Wtd Avg Net Price        $58.21
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 07, 2019                   450,038
   January 08, 2019                   424,889
   January 09, 2019                   417,895
   January 10, 2019                   416,374
   January 11, 2019                   402,268
   January 12, 2019                   142,618
   January 13, 2019                    22,383
   January 14, 2019                   150,983
   January 15, 2019                   157,569
   January 16, 2019                   159,891
   January 17, 2019                   156,943
   January 18, 2019                   152,170
   January 19, 2019                     4,901
   January 20, 2019                    16,143
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    12,364        1,786       14,150
CARCASS BASE PRICE             44.95            *        44.95
AVERAGE NET PRICE              45.92            *        45.92
LOWEST NET LOT                 35.26            *        35.26
HIGHEST NET LOT                53.55            *        53.55
AVERAGE LIVE WT               280.00            *       281.00
AVERAGE CARCASS WT            209.16            *       209.50
AVERAGE SORT LOSS              -2.61            *        -2.56
AVERAGE BACKFAT                 0.63            *         0.63
AVG LOIN DEPTH (LD)             2.41            *         2.41
LEA (LD Converted)              7.24            *         7.24
AVERAGE LEAN PERCENT           54.48            *        54.52
(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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