National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 2/4/2019

Past Market Reports

Report Date: 2/4/2019

LM_HG201
Des Moines, Iowa               Mon, Feb 04, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, February 1, 2019 and Saturday, February 2, 2019

Barrows and Gilts (Live and Carcass Basis): 743,615

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

HEAD COUNT                12,771   71,962   256,439  134,335        683  476,190
CARCASS BASE PRICE         51.80    56.81     55.53    63.31          *    57.81
AVERAGE NET PRICE          53.26    59.14     57.65    64.15          *    59.63
LOWEST NET LOT             43.57    47.51     37.89    47.39          *    45.13
HIGHEST NET LOT            57.85    69.91     67.65    77.44          *    71.45
AVERAGE LIVE WT           273.54   288.18    286.91   284.97          *   286.21
AVERAGE CARCASS WT        205.41   218.50    216.06   213.73          *   215.47
AVERAGE SORT LOSS          -2.16    -2.14     -1.85    -1.51          *    -1.81
AVERAGE BACKFAT             0.61     0.61      0.64     0.71          *     0.65
AVG LOIN DEPTH (LD)         2.61     2.73      2.65     2.49          *     2.63
LEA (LD Converted)          7.83     8.23      7.97     7.48          *     7.91
AVERAGE LEAN PERCENT       55.60    56.29     56.00    55.18          *    55.87
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,214
CARCASS BASE PRICE                53.84
AVERAGE NET PRICE                 56.13
AVERAGE OF LOWEST NET LOTS        53.01
AVERAGE OF HIGHEST NET LOTS       64.42
AVERAGE LIVE WT                  284.25
AVERAGE CARCASS WT               210.30
AVERAGE SORT LOSS                 -2.35
AVERAGE BACKFAT                    0.59
AVERAGE LOIN DEPTH (LD)            2.64
LOINEYE AREA (LD Converted)        7.94
AVERAGE LEAN PERCENT              55.92
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      252,211
AVERAGE LIVE WT                  287.07
AVERAGE CARCASS WT               218.47
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.11
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.42 lbs carcass;  BF 0.66;  LD 2.59;  LEA 7.80;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $57.70
                    Wtd Avg Net Price        $59.52
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 04, 2019                  447,913
   February 05, 2019                  416,132
   February 06, 2019                  400,534
   February 07, 2019                  406,543
   February 08, 2019                  379,753
   February 09, 2019                  165,823
   February 10, 2019                   17,778
   February 11, 2019                  153,410
   February 12, 2019                  155,036
   February 13, 2019                  155,482
   February 14, 2019                  153,481
   February 15, 2019                  143,516
   February 16, 2019                   20,490
   February 17, 2019                   10,538
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    12,771          683       13,454
CARCASS BASE PRICE             51.80            *        51.80
AVERAGE NET PRICE              53.26            *        53.26
LOWEST NET LOT                 43.57            *        43.57
HIGHEST NET LOT                57.85            *        57.85
AVERAGE LIVE WT               273.54            *       273.24
AVERAGE CARCASS WT            205.41            *       205.27
AVERAGE SORT LOSS              -2.16            *        -2.10
AVERAGE BACKFAT                 0.61            *         0.62
AVG LOIN DEPTH (LD)             2.61            *         2.59
LEA (LD Converted)              7.83            *         7.78
AVERAGE LEAN PERCENT           55.60            *        55.50
(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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