National Daily Direct Hog Prior Day - Slaughtered Swine

1. Cattle.com
2. Market Reports
3. Iowa
4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 1/14/2019

Past Market Reports

Report Date: 1/14/2019

LM_HG201
Des Moines, Iowa               Mon, Jan 14, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, January 11, 2019 and Saturday, January 12, 2019

Barrows and Gilts (Live and Carcass Basis): 619,248

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

HEAD COUNT                11,733   55,086   204,452  116,569      1,600  389,440
CARCASS BASE PRICE         48.54    60.75     55.94    62.70          *    58.43
AVERAGE NET PRICE          50.17    62.42     57.84    63.45          *    59.97
LOWEST NET LOT             40.79    48.64     41.49    41.10          *    43.02
HIGHEST NET LOT            58.60    72.76     70.19    80.14          *    69.45
AVERAGE LIVE WT           272.53   291.63    288.57   285.43          *   287.64
AVERAGE CARCASS WT        204.40   221.32    216.81   214.48          *   216.41
AVERAGE SORT LOSS          -2.10    -2.56     -1.90    -1.39          *    -1.87
AVERAGE BACKFAT             0.60     0.62      0.66     0.69          *     0.66
AVG LOIN DEPTH (LD)         2.48     2.78      2.70     2.50          *     2.67
LEA (LD Converted)          7.46     8.37      8.11     7.51          *     8.03
AVERAGE LEAN PERCENT       55.32    56.38     56.14    55.40          *    56.02
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,593
CARCASS BASE PRICE                53.84
AVERAGE NET PRICE                 55.91
AVERAGE OF LOWEST NET LOTS        49.50
AVERAGE OF HIGHEST NET LOTS       63.02
AVERAGE LIVE WT                  272.99
AVERAGE CARCASS WT               205.58
AVERAGE SORT LOSS                 -1.83
AVERAGE BACKFAT                    0.61
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.82
AVERAGE LEAN PERCENT              55.77
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      219,215
AVERAGE LIVE WT                  288.78
AVERAGE CARCASS WT               219.61
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.13
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
217.38 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.87;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $58.31
                    Wtd Avg Net Price        $59.86
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 14, 2019                   448,786
   January 15, 2019                   423,513
   January 16, 2019                   406,678
   January 17, 2019                   405,658
   January 18, 2019                   376,163
   January 19, 2019                   117,729
   January 20, 2019                    22,678
   January 21, 2019                   133,423
   January 22, 2019                   162,281
   January 23, 2019                   161,548
   January 24, 2019                   160,671
   January 25, 2019                   149,480
   January 26, 2019                    34,405
   January 27, 2019                    13,118
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    11,733        1,600      13,333
CARCASS BASE PRICE             48.54            *       48.54
AVERAGE NET PRICE              50.17            *       50.17
LOWEST NET LOT                 40.79            *       40.79
HIGHEST NET LOT                58.60            *       58.60
AVERAGE LIVE WT               272.53            *      273.23
AVERAGE CARCASS WT            204.40            *      204.76
AVERAGE SORT LOSS              -2.10            *       -2.14
AVERAGE BACKFAT                 0.60            *        0.60
AVG LOIN DEPTH (LD)             2.48            *        2.49
LEA (LD Converted)              7.46            *        7.48
AVERAGE LEAN PERCENT           55.32            *       55.33
(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


.