National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/12/2019

Past Market Reports

Report Date: 2/12/2019

LM_HG201
Des Moines, Iowa               Tue, Feb 12, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 11, 2019

Barrows and Gilts (Live and Carcass Basis): 405,743

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

HEAD COUNT                 8,912   36,614   125,080   98,285      1,218  270,109
CARCASS BASE PRICE         49.74    54.88     53.78    61.17          *    56.58
AVERAGE NET PRICE          51.51    57.22     56.07    62.73          *    58.63
LOWEST NET LOT             31.27    47.55     43.65    49.91          *    46.82
HIGHEST NET LOT            57.75    70.15     64.66    79.12          *    68.75
AVERAGE LIVE WT           272.12   286.43    285.50   283.68          *   284.58
AVERAGE CARCASS WT        204.93   217.25    214.30   212.49          *   213.75
AVERAGE SORT LOSS          -1.63    -1.86     -1.82    -1.51          *    -1.71
AVERAGE BACKFAT             0.63     0.63      0.65     0.67          *     0.65
AVG LOIN DEPTH (LD)         2.57     2.75      2.66     2.61          *     2.66
LEA (LD Converted)          7.72     8.26      8.00     7.84          *     7.99
AVERAGE LEAN PERCENT       55.81    56.21     56.04    55.85          *    56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,538
CARCASS BASE PRICE                52.04
AVERAGE NET PRICE                 53.33
AVERAGE OF LOWEST NET LOTS        49.21
AVERAGE OF HIGHEST NET LOTS       56.35
AVERAGE LIVE WT                  268.27
AVERAGE CARCASS WT               201.70
AVERAGE SORT LOSS                 -2.86
AVERAGE BACKFAT                    0.61
AVERAGE LOIN DEPTH (LD)            2.54
LOINEYE AREA (LD Converted)        7.63
AVERAGE LEAN PERCENT              55.47
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      127,096
AVERAGE LIVE WT                  282.35
AVERAGE CARCASS WT               215.27
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              54.35
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.99 lbs carcass;  BF 0.66;  LD 2.61;  LEA 7.86;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.43
                    Wtd Avg Net Price        $58.46
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 12, 2019                  465,374
   February 13, 2019                  414,270
   February 14, 2019                  408,718
   February 15, 2019                  387,769
   February 16, 2019                  147,477
   February 17, 2019                   25,576
   February 18, 2019                  167,884
   February 19, 2019                  174,939
   February 20, 2019                  177,130
   February 21, 2019                  172,576
   February 22, 2019                  159,350
   February 23, 2019                   27,440
   February 24, 2019                   12,943
   February 25, 2019                  114,458
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,912        1,218      10,130
CARCASS BASE PRICE             49.74            *       49.74
AVERAGE NET PRICE              51.51            *       51.51
LOWEST NET LOT                 31.27            *       31.27
HIGHEST NET LOT                57.75            *       57.75
AVERAGE LIVE WT               272.12            *      274.80
AVERAGE CARCASS WT            204.93            *      204.93
AVERAGE SORT LOSS              -1.63            *       -1.63
AVERAGE BACKFAT                 0.63            *        0.63
AVG LOIN DEPTH (LD)             2.57            *        2.57
LEA (LD Converted)              7.72            *        7.72
AVERAGE LEAN PERCENT           55.81            *       55.81
(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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