National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/31/2019

Past Market Reports

Report Date: 1/31/2019

LM_HG201
Des Moines, Iowa               Thu, Jan 31, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, January 30, 2019

Barrows and Gilts (Live and Carcass Basis): 233,668

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

HEAD COUNT                 3,890   24,820    59,290   46,878      1,382  136,260
CARCASS BASE PRICE         51.75    56.86     55.60    62.29          *    58.13
AVERAGE NET PRICE          54.43    58.53     56.98    62.54          *    59.19
LOWEST NET LOT             46.52    45.85     43.38    50.79          *    46.69
HIGHEST NET LOT            57.26    69.00     66.63    78.54          *    70.49
AVERAGE LIVE WT           259.09   289.79    285.48   282.68          *   284.72
AVERAGE CARCASS WT        174.51   219.94    215.87   213.85          *   215.07
AVERAGE SORT LOSS          -1.58    -2.22     -1.79    -1.23          *    -1.71
AVERAGE BACKFAT             0.58     0.62      0.62     0.70          *     0.63
AVG LOIN DEPTH (LD)         2.17     2.75      2.73     2.61          *     2.70
LEA (LD Converted)          6.51     8.27      8.20     7.86          *     8.10
AVERAGE LEAN PERCENT       53.87    56.19     56.08    54.82          *    55.87
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        1,518
CARCASS BASE PRICE                66.29
AVERAGE NET PRICE                 64.71
AVERAGE OF LOWEST NET LOTS        64.08
AVERAGE OF HIGHEST NET LOTS       66.82
AVERAGE LIVE WT                  295.13
AVERAGE CARCASS WT               199.07
AVERAGE SORT LOSS                 -0.56
AVERAGE BACKFAT                    0.77
AVERAGE LOIN DEPTH (LD)            2.31
LOINEYE AREA (LD Converted)        6.94
AVERAGE LEAN PERCENT              52.40
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                       95,890
AVERAGE LIVE WT                  287.04
AVERAGE CARCASS WT               216.95
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.62
AVERAGE LEAN PERCENT              54.30
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.80 lbs carcass;  BF 0.67;  LD 2.67;  LEA 8.02;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $58.17
                    Wtd Avg Net Price        $59.22
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 31, 2019                   403,557
   February 01, 2019                  414,907
   February 02, 2019                  228,918
   February 03, 2019                   31,464
   February 04, 2019                  247,029
   February 05, 2019                  249,237
   February 06, 2019                  250,493
   February 07, 2019                  240,652
   February 08, 2019                  214,221
   February 09, 2019                   82,160
   February 10, 2019                   15,898
   February 11, 2019                  143,450
   February 12, 2019                  151,362
   February 13, 2019                  151,182
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     3,890        1,382        5,272
CARCASS BASE PRICE             51.75            *        51.75
AVERAGE NET PRICE              54.43            *        54.43
LOWEST NET LOT                 46.52            *        46.52
HIGHEST NET LOT                57.26            *        57.26
AVERAGE LIVE WT               259.09            *       270.07
AVERAGE CARCASS WT            174.51            *       174.51
AVERAGE SORT LOSS              -1.58            *        -1.58
AVERAGE BACKFAT                 0.58            *         0.58
AVG LOIN DEPTH (LD)             2.17            *         2.17
LEA (LD Converted)              6.51            *         6.51
AVERAGE LEAN PERCENT           53.87            *        53.87
(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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