National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/25/2019

Past Market Reports

Report Date: 1/25/2019

LM_HG201
Des Moines, Iowa               Fri, Jan 25, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, January 24, 2019

Barrows and Gilts (Live and Carcass Basis): 434,544

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

HEAD COUNT                 7,155   40,569   140,287   91,260      1,769  281,040
CARCASS BASE PRICE         52.25    58.93     56.40    63.70          *    59.09
AVERAGE NET PRICE          53.36    61.37     58.73    64.56          *    60.96
LOWEST NET LOT             42.87    50.71     43.52    45.98          *    46.23
HIGHEST NET LOT            57.72    70.21     68.37    79.37          *    68.26
AVERAGE LIVE WT           280.16   287.90    286.67   283.42          *   285.75
AVERAGE CARCASS WT        204.26   217.98    215.70   212.72          *   214.84
AVERAGE SORT LOSS          -2.36    -2.20     -1.69    -1.34          *    -1.68
AVERAGE BACKFAT             0.68     0.62      0.64     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.32     2.76      2.69     2.50          *     2.65
LEA (LD Converted)          6.97     8.30      8.09     7.50          *     7.97
AVERAGE LEAN PERCENT       54.03    56.29     56.09    55.31          *    55.91
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        7,710
CARCASS BASE PRICE                55.11
AVERAGE NET PRICE                 56.60
AVERAGE OF LOWEST NET LOTS        50.29
AVERAGE OF HIGHEST NET LOTS       60.91
AVERAGE LIVE WT                  280.61
AVERAGE CARCASS WT               209.46
AVERAGE SORT LOSS                 -1.75
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.87
AVERAGE LEAN PERCENT              55.61
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      145,794
AVERAGE LIVE WT                  287.44
AVERAGE CARCASS WT               218.15
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.01
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.87 lbs carcass;  BF 0.66;  LD 2.61;  LEA 7.85;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $58.97
                    Wtd Avg Net Price        $60.84
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 25, 2019                   419,232
   January 26, 2019                   190,537
   January 27, 2019                    34,637
   January 28, 2019                   378,782
   January 29, 2019                   379,118
   January 30, 2019                   381,505
   January 31, 2019                   378,436
   February 01, 2019                  354,798
   February 02, 2019                   99,051
   February 03, 2019                   16,321
   February 04, 2019                  151,437
   February 05, 2019                  158,116
   February 06, 2019                  155,943
   February 07, 2019                  154,476
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,155        1,769      8,924
CARCASS BASE PRICE             52.25            *      52.25
AVERAGE NET PRICE              53.36            *      53.36
LOWEST NET LOT                 42.87            *      42.87
HIGHEST NET LOT                57.72            *      57.72
AVERAGE LIVE WT               280.16            *     283.72
AVERAGE CARCASS WT            204.26            *     205.41
AVERAGE SORT LOSS              -2.36            *      -2.37
AVERAGE BACKFAT                 0.68            *       0.69
AVG LOIN DEPTH (LD)             2.32            *       2.34
LEA (LD Converted)              6.97            *       7.02
AVERAGE LEAN PERCENT           54.03            *      54.07
(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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