National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/30/2019

Past Market Reports

Report Date: 1/30/2019

LM_HG201
Des Moines, Iowa               Wed, Jan 30, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, January 29, 2019

Barrows and Gilts (Live and Carcass Basis): 408,833

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

HEAD COUNT                 9,477   37,390   122,813   81,932      1,452  253,064
CARCASS BASE PRICE         52.19    58.49     56.20    63.11          *    58.63
AVERAGE NET PRICE          52.68    61.08     58.03    64.21          *    60.34
LOWEST NET LOT             43.56    53.25     44.11    45.93          *    47.70
HIGHEST NET LOT            60.05    74.67     68.67    78.55          *    71.86
AVERAGE LIVE WT           269.39   285.18    283.54   281.19          *   282.58
AVERAGE CARCASS WT        200.23   216.42    213.71   211.43          *   212.90
AVERAGE SORT LOSS          -2.83    -1.79     -1.73    -1.30          *    -1.65
AVERAGE BACKFAT             0.64     0.60      0.64     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.32     2.74      2.63     2.54          *     2.62
LEA (LD Converted)          6.97     8.23      7.91     7.62          *     7.89
AVERAGE LEAN PERCENT       54.29    56.27     55.90    55.44          *    55.83
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,095
CARCASS BASE PRICE                54.17
AVERAGE NET PRICE                 55.83
AVERAGE OF LOWEST NET LOTS        49.80
AVERAGE OF HIGHEST NET LOTS       60.73
AVERAGE LIVE WT                  283.78
AVERAGE CARCASS WT               207.58
AVERAGE SORT LOSS                 -2.66
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.73
LOINEYE AREA (LD Converted)        8.19
AVERAGE LEAN PERCENT              56.40
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      147,674
AVERAGE LIVE WT                  285.80
AVERAGE CARCASS WT               217.35
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              54.18
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.45 lbs carcass;  BF 0.65;  LD 2.59;  LEA 7.80;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $58.52
                    Wtd Avg Net Price        $60.23
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 30, 2019                   260,513
   January 31, 2019                   367,207
   February 01, 2019                  392,556
   February 02, 2019                  203,408
   February 03, 2019                   26,661
   February 04, 2019                  200,564
   February 05, 2019                  202,389
   February 06, 2019                  203,406
   February 07, 2019                  201,101
   February 08, 2019                  178,716
   February 09, 2019                   61,861
   February 10, 2019                   15,588
   February 11, 2019                  136,265
   February 12, 2019                  145,037
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,477        1,452       10,929
CARCASS BASE PRICE             52.19            *        52.19
AVERAGE NET PRICE              52.68            *        52.68
LOWEST NET LOT                 43.56            *        43.56
HIGHEST NET LOT                60.05            *        60.05
AVERAGE LIVE WT               269.39            *       271.20
AVERAGE CARCASS WT            200.23            *       200.23
AVERAGE SORT LOSS              -2.83            *        -2.83
AVERAGE BACKFAT                 0.64            *         0.64
AVG LOIN DEPTH (LD)             2.32            *         2.32
LEA (LD Converted)              6.97            *         6.97
AVERAGE LEAN PERCENT           54.29            *        54.29
(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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