National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/28/2019

Past Market Reports

Report Date: 1/28/2019

LM_HG201
Des Moines, Iowa               Mon, Jan 28, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, January 25, 2019 and Saturday, January 26, 2019

Barrows and Gilts (Live and Carcass Basis): 644,250

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

HEAD COUNT                 7,818   58,449   213,054  109,862      2,147  391,330
CARCASS BASE PRICE         51.38    58.36     56.11    62.90          *    58.33
AVERAGE NET PRICE          53.39    60.70     58.20    63.53          *    60.03
LOWEST NET LOT             46.28    52.34     46.23    42.64          *    45.40
HIGHEST NET LOT            58.83    68.91     70.46    78.78          *    71.55
AVERAGE LIVE WT           277.34   290.24    287.41   283.07          *   286.52
AVERAGE CARCASS WT        203.27   220.46    216.40   213.15          *   215.85
AVERAGE SORT LOSS          -2.69    -2.29     -1.77    -1.61          *    -1.82
AVERAGE BACKFAT             0.65     0.60      0.64     0.69          *     0.64
AVG LOIN DEPTH (LD)         2.52     2.78      2.67     2.50          *     2.65
LEA (LD Converted)          7.58     8.36      8.04     7.51          *     7.98
AVERAGE LEAN PERCENT       54.82    56.49     56.14    55.32          *    56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,977
CARCASS BASE PRICE                55.07
AVERAGE NET PRICE                 57.45
AVERAGE OF LOWEST NET LOTS        50.13
AVERAGE OF HIGHEST NET LOTS       63.25
AVERAGE LIVE WT                  281.03
AVERAGE CARCASS WT               212.11
AVERAGE SORT LOSS                 -1.80
AVERAGE BACKFAT                    0.59
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.16
AVERAGE LEAN PERCENT              56.12
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      241,943
AVERAGE LIVE WT                  289.43
AVERAGE CARCASS WT               220.57
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              54.05
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
217.60 lbs carcass;  BF 0.65;  LD 2.61;  LEA 7.85;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $58.24
                    Wtd Avg Net Price        $59.97
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 28, 2019                   448,983
   January 29, 2019                   420,602
   January 30, 2019                   402,463
   January 31, 2019                   403,039
   February 01, 2019                  386,076
   February 02, 2019                  113,129
   February 03, 2019                   19,728
   February 04, 2019                  154,678
   February 05, 2019                  161,717
   February 06, 2019                  163,894
   February 07, 2019                  161,197
   February 08, 2019                  138,643
   February 09, 2019                   21,081
   February 10, 2019                   13,745
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,818        2,147        9,965
CARCASS BASE PRICE             51.38            *        51.38
AVERAGE NET PRICE              53.39            *        53.39
LOWEST NET LOT                 46.28            *        46.28
HIGHEST NET LOT                58.83            *        58.83
AVERAGE LIVE WT               277.34            *       281.84
AVERAGE CARCASS WT            203.27            *       203.91
AVERAGE SORT LOSS              -2.69            *        -2.68
AVERAGE BACKFAT                 0.65            *         0.66
AVG LOIN DEPTH (LD)             2.52            *         2.51
LEA (LD Converted)              7.58            *         7.54
AVERAGE LEAN PERCENT           54.82            *        54.77
(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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