National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/29/2019

Past Market Reports

Report Date: 1/29/2019

LM_HG201
Des Moines, Iowa               Tue, Jan 29, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, January 28, 2019

Barrows and Gilts (Live and Carcass Basis): 431,173

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

HEAD COUNT                 8,272   38,292   136,508   87,374      2,425  272,871
CARCASS BASE PRICE         51.63    57.90     55.96    63.03          *    58.41
AVERAGE NET PRICE          53.34    60.04     57.91    63.96          *    60.09
LOWEST NET LOT             43.40    50.99     41.98    49.82          *    47.00
HIGHEST NET LOT            59.22    69.84     67.56    79.60          *    69.55
AVERAGE LIVE WT           262.47   287.22    284.53   281.30          *   283.46
AVERAGE CARCASS WT        199.60   217.43    214.41   211.37          *   213.37
AVERAGE SORT LOSS          -2.34    -2.17     -1.72    -1.26          *    -1.67
AVERAGE BACKFAT             0.66     0.64      0.65     0.72          *     0.67
AVG LOIN DEPTH (LD)         2.39     2.71      2.65     2.49          *     2.62
LEA (LD Converted)          7.19     8.14      7.97     7.49          *     7.88
AVERAGE LEAN PERCENT       54.77    55.94     55.91    55.10          *    55.72
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        7,298
CARCASS BASE PRICE                54.13
AVERAGE NET PRICE                 56.01
AVERAGE OF LOWEST NET LOTS        54.59
AVERAGE OF HIGHEST NET LOTS       59.29
AVERAGE LIVE WT                  283.54
AVERAGE CARCASS WT               212.32
AVERAGE SORT LOSS                 -2.09
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.99
AVERAGE LEAN PERCENT              55.71
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      151,004
AVERAGE LIVE WT                  284.29
AVERAGE CARCASS WT               216.26
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.14
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.39 lbs carcass;  BF 0.67;  LD 2.58;  LEA 7.76;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $58.29
                    Wtd Avg Net Price        $59.98
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 29, 2019                   447,026
   January 30, 2019                   309,835
   January 31, 2019                   383,852
   February 01, 2019                  399,230
   February 02, 2019                  166,876
   February 03, 2019                   24,453
   February 04, 2019                  181,907
   February 05, 2019                  184,887
   February 06, 2019                  188,169
   February 07, 2019                  184,342
   February 08, 2019                  158,056
   February 09, 2019                   49,520
   February 10, 2019                   14,590
   February 11, 2019                  119,186
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,272        2,425       10,697
CARCASS BASE PRICE             51.63            *        51.63
AVERAGE NET PRICE              53.34            *        53.34
LOWEST NET LOT                 43.40            *        43.40
HIGHEST NET LOT                59.22            *        59.22
AVERAGE LIVE WT               262.47            *       270.73
AVERAGE CARCASS WT            199.60            *       199.78
AVERAGE SORT LOSS              -2.34            *        -2.34
AVERAGE BACKFAT                 0.66            *         0.66
AVG LOIN DEPTH (LD)             2.39            *         2.39
LEA (LD Converted)              7.19            *         7.20
AVERAGE LEAN PERCENT           54.77            *        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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