National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/24/2019

Past Market Reports

Report Date: 1/24/2019

LM_HG201
Des Moines, Iowa               Thu, Jan 24, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, January 23, 2019

Barrows and Gilts (Live and Carcass Basis): 437,496

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

HEAD COUNT                 8,554   46,607   137,682   91,390      1,683  285,916
CARCASS BASE PRICE         51.53    59.79     56.71    63.91          *     59.42
AVERAGE NET PRICE          53.07    62.48     58.84    64.87          *     61.26
LOWEST NET LOT             44.87    46.70     42.87    39.08          *     44.28
HIGHEST NET LOT            58.38    71.03     72.33    79.24          *     69.60
AVERAGE LIVE WT           270.11   286.27    285.09   282.70          *    284.14
AVERAGE CARCASS WT        199.37   216.53    214.29   212.38          *    213.66
AVERAGE SORT LOSS          -2.06    -2.03     -1.72    -1.34          *     -1.67
AVERAGE BACKFAT             0.62     0.61      0.64     0.71          *      0.65
AVG LOIN DEPTH (LD)         2.38     2.74      2.66     2.51          *      2.64
LEA (LD Converted)          7.14     8.24      8.01     7.54          *      7.94
AVERAGE LEAN PERCENT       54.20    56.21     56.01    55.23          *     55.85
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        6,204
CARCASS BASE PRICE                54.61
AVERAGE NET PRICE                 58.72
AVERAGE OF LOWEST NET LOTS        60.29
AVERAGE OF HIGHEST NET LOTS       65.09
AVERAGE LIVE WT                  266.80
AVERAGE CARCASS WT               200.20
AVERAGE SORT LOSS                 -1.36
AVERAGE BACKFAT                    0.54
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.98
AVERAGE LEAN PERCENT              56.34
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      145,376
AVERAGE LIVE WT                  287.07
AVERAGE CARCASS WT               218.00
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              54.30
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.94 lbs carcass;  BF 0.65;  LD 2.61;  LEA 7.86;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $59.32
                    Wtd Avg Net Price        $61.20
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 24, 2019                   453,020
   January 25, 2019                   401,117
   January 26, 2019                   180,693
   January 27, 2019                    27,287
   January 28, 2019                   273,489
   January 29, 2019                   273,961
   January 30, 2019                   276,565
   January 31, 2019                   266,022
   February 01, 2019                  251,611
   February 02, 2019                   48,286
   February 03, 2019                   14,538
   February 04, 2019                  144,512
   February 05, 2019                  148,643
   February 06, 2019                  149,608
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,554        1,683       10,237
CARCASS BASE PRICE             51.53            *        51.53
AVERAGE NET PRICE              53.07            *        53.07
LOWEST NET LOT                 44.87            *        44.87
HIGHEST NET LOT                58.38            *        58.38
AVERAGE LIVE WT               270.11            *       273.11
AVERAGE CARCASS WT            199.37            *       200.18
AVERAGE SORT LOSS              -2.06            *        -2.17
AVERAGE BACKFAT                 0.62            *         0.63
AVG LOIN DEPTH (LD)             2.38            *         2.38
LEA (LD Converted)              7.14            *         7.15
AVERAGE LEAN PERCENT           54.20            *        54.16
(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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