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. 1/23/2019

Past Market Reports

Report Date: 1/23/2019

LM_HG201
Des Moines, Iowa               Wed, Jan 23, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, January 22, 2019

Barrows and Gilts (Live and Carcass Basis): 434,785

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

HEAD COUNT                 7,201   37,037   135,935   93,876      2,155  276,204
CARCASS BASE PRICE         51.99    59.23     56.64    63.93          *    59.40
AVERAGE NET PRICE          53.39    61.38     58.72    65.06          *    61.16
LOWEST NET LOT             47.29    44.96     43.79    38.67          *    44.72
HIGHEST NET LOT            57.86    70.14     70.95    79.53          *    67.01
AVERAGE LIVE WT           278.35   285.86    283.85   282.20          *   283.51
AVERAGE CARCASS WT        202.30   216.78    213.86   211.74          *   213.28
AVERAGE SORT LOSS          -1.77    -2.25     -1.81    -1.23          *    -1.68
AVERAGE BACKFAT             0.65     0.62      0.65     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.35     2.71      2.66     2.52          *     2.63
LEA (LD Converted)          7.05     8.16      8.01     7.57          *     7.91
AVERAGE LEAN PERCENT       54.53    56.04     55.98    55.41          *    55.83
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,323
CARCASS BASE PRICE                54.95
AVERAGE NET PRICE                 57.04
AVERAGE OF LOWEST NET LOTS        47.64
AVERAGE OF HIGHEST NET LOTS       61.47
AVERAGE LIVE WT                  277.01
AVERAGE CARCASS WT               207.40
AVERAGE SORT LOSS                 -1.90
AVERAGE BACKFAT                    0.61
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.08
AVERAGE LEAN PERCENT              56.12
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      150,258
AVERAGE LIVE WT                  285.22
AVERAGE CARCASS WT               216.79
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.22
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.39 lbs carcass;  BF 0.66;  LD 2.60;  LEA 7.81;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $59.27
                    Wtd Avg Net Price        $61.04
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 23, 2019                   452,897
   January 24, 2019                   426,587
   January 25, 2019                   392,955
   January 26, 2019                   175,557
   January 27, 2019                    24,950
   January 28, 2019                   206,219
   January 29, 2019                   207,443
   January 30, 2019                   208,363
   January 31, 2019                   203,450
   February 01, 2019                  189,944
   February 02, 2019                   34,776
   February 03, 2019                   14,538
   February 04, 2019                  137,427
   February 05, 2019                  143,039
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,201        2,155        9,356
CARCASS BASE PRICE             51.99            *        51.99
AVERAGE NET PRICE              53.39            *        53.39
LOWEST NET LOT                 47.29            *        47.29
HIGHEST NET LOT                57.86            *        57.86
AVERAGE LIVE WT               278.35            *       281.15
AVERAGE CARCASS WT            202.30            *       203.04
AVERAGE SORT LOSS              -1.77            *        -1.83
AVERAGE BACKFAT                 0.65            *         0.66
AVG LOIN DEPTH (LD)             2.35            *         2.35
LEA (LD Converted)              7.05            *         7.06
AVERAGE LEAN PERCENT           54.53            *        54.50
(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


.