National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/5/2019

Past Market Reports

Report Date: 2/5/2019

LM_HG201
Des Moines, Iowa               Tue, Feb 05, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 4, 2019

Barrows and Gilts (Live and Carcass Basis): 435,442

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

HEAD COUNT                 7,196   39,345   136,772   91,408      3,735  278,456
CARCASS BASE PRICE         51.13    57.22     55.37    61.59          *    57.67
AVERAGE NET PRICE          51.39    59.40     57.48    63.02          *    59.56
LOWEST NET LOT             41.15    41.27     39.04    49.76          *    44.54
HIGHEST NET LOT            58.20    70.50     67.59    79.18          *    72.77
AVERAGE LIVE WT           274.62   287.65    286.02   281.62          *   284.50
AVERAGE CARCASS WT        210.47   217.40    215.02   211.42          *   214.04
AVERAGE SORT LOSS          -2.28    -1.97     -1.70    -1.33          *    -1.63
AVERAGE BACKFAT             0.65     0.64      0.65     0.67          *     0.65
AVG LOIN DEPTH (LD)         2.65     2.69      2.65     2.57          *     2.64
LEA (LD Converted)          7.98     8.08      7.97     7.72          *     7.93
AVERAGE LEAN PERCENT       55.93    55.98     56.05    55.59          *    55.92
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,311
CARCASS BASE PRICE                53.94
AVERAGE NET PRICE                 55.22
AVERAGE OF LOWEST NET LOTS        59.28
AVERAGE OF HIGHEST NET LOTS       62.48
AVERAGE LIVE WT                  275.78
AVERAGE CARCASS WT               213.39
AVERAGE SORT LOSS                 -1.68
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.02
AVERAGE LEAN PERCENT              55.67
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      148,675
AVERAGE LIVE WT                  283.56
AVERAGE CARCASS WT               215.65
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.93
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.60 lbs carcass;  BF 0.66;  LD 2.59;  LEA 7.78;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $57.58
                    Wtd Avg Net Price        $59.46
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 05, 2019                  451,515
   February 06, 2019                  425,362
   February 07, 2019                  414,280
   February 08, 2019                  381,043
   February 09, 2019                  164,358
   February 10, 2019                   25,475
   February 11, 2019                  181,369
   February 12, 2019                  187,197
   February 13, 2019                  185,777
   February 14, 2019                  182,472
   February 15, 2019                  166,106
   February 16, 2019                   27,410
   February 17, 2019                   13,283
   February 18, 2019                  116,828
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,196        3,735       10,931
CARCASS BASE PRICE             51.13            *        51.13
AVERAGE NET PRICE              51.39            *        51.39
LOWEST NET LOT                 41.15            *        41.15
HIGHEST NET LOT                58.20            *        58.20
AVERAGE LIVE WT               274.62            *       276.52
AVERAGE CARCASS WT            210.47            *       210.47
AVERAGE SORT LOSS              -2.28            *        -2.28
AVERAGE BACKFAT                 0.65            *         0.65
AVG LOIN DEPTH (LD)             2.65            *         2.65
LEA (LD Converted)              7.98            *         7.98
AVERAGE LEAN PERCENT           55.93            *        55.93
(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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