National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/11/2019

Past Market Reports

Report Date: 2/11/2019

LM_HG201
Des Moines, Iowa               Mon, Feb 11, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, February 8, 2019 and Saturday, February 9, 2019

Barrows and Gilts (Live and Carcass Basis): 605,024

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

HEAD COUNT                17,320   61,346   209,556  103,336      1,261  392,819
CARCASS BASE PRICE         50.36    55.02     53.95    61.01          *    55.80
AVERAGE NET PRICE          52.54    57.30     56.25    61.77          *    57.73
LOWEST NET LOT             43.02    46.36     41.61    47.82          *    44.69
HIGHEST NET LOT            57.23    70.53     67.38    75.50          *    69.73
AVERAGE LIVE WT           275.63   289.86    286.71   286.55          *   286.67
AVERAGE CARCASS WT        205.41   219.21    215.85   215.83          *   215.95
AVERAGE SORT LOSS          -1.80    -2.09     -1.75    -1.67          *    -1.78
AVERAGE BACKFAT             0.56     0.60      0.64     0.69          *     0.64
AVG LOIN DEPTH (LD)         2.61     2.74      2.67     2.54          *     2.65
LEA (LD Converted)          7.84     8.23      8.03     7.64          *     7.98
AVERAGE LEAN PERCENT       56.00    56.37     56.20    55.36          *    56.06
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,409
CARCASS BASE PRICE                52.95
AVERAGE NET PRICE                 54.78
AVERAGE OF LOWEST NET LOTS        47.59
AVERAGE OF HIGHEST NET LOTS       55.49
AVERAGE LIVE WT                  287.22
AVERAGE CARCASS WT               212.60
AVERAGE SORT LOSS                 -1.63
AVERAGE BACKFAT                    0.61
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.05
AVERAGE LEAN PERCENT              56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      199,796
AVERAGE LIVE WT                  287.27
AVERAGE CARCASS WT               218.98
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.08
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.90 lbs carcass;  BF 0.64;  LD 2.60;  LEA 7.82;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $55.71
                    Wtd Avg Net Price        $57.65
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 11, 2019                  397,959
   February 12, 2019                  429,691
   February 13, 2019                  391,161
   February 14, 2019                  393,161
   February 15, 2019                  374,914
   February 16, 2019                  142,051
   February 17, 2019                   20,439
   February 18, 2019                  146,261
   February 19, 2019                  151,198
   February 20, 2019                  147,646
   February 21, 2019                  143,802
   February 22, 2019                  135,290
   February 23, 2019                   21,930
   February 24, 2019                   10,810
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    17,320        1,261       18,581
CARCASS BASE PRICE             50.36            *        50.36
AVERAGE NET PRICE              52.54            *        52.54
LOWEST NET LOT                 43.02            *        43.02
HIGHEST NET LOT                57.23            *        57.23
AVERAGE LIVE WT               275.63            *       276.16
AVERAGE CARCASS WT            205.41            *       205.45
AVERAGE SORT LOSS              -1.80            *        -1.80
AVERAGE BACKFAT                 0.56            *         0.56
AVG LOIN DEPTH (LD)             2.61            *         2.61
LEA (LD Converted)              7.84            *         7.84
AVERAGE LEAN PERCENT           56.00            *        56.00
(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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