National Daily Direct Hog Prior Day - Slaughtered Swine

1. Cattle.com
2. Market Reports
3. Iowa
4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 2/20/2019

Past Market Reports

Report Date: 2/20/2019

LM_HG201
Des Moines, Iowa               Wed, Feb 20, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, February 19, 2019

Barrows and Gilts (Live and Carcass Basis): 448,829

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

HEAD COUNT                 8,549   53,746   139,372   91,931      1,484  295,082
CARCASS BASE PRICE         48.45    61.91     52.24    61.05          *    56.69
AVERAGE NET PRICE          49.51    64.67     54.45    62.22          *    58.64
LOWEST NET LOT             42.28    46.83     36.98    48.08          *    44.61
HIGHEST NET LOT            54.49    78.29     65.23    79.32          *    70.33
AVERAGE LIVE WT           269.06   286.82    283.71   280.72          *   283.02
AVERAGE CARCASS WT        197.01   217.31    213.67   210.94          *   213.06
AVERAGE SORT LOSS          -2.00    -1.90     -1.59    -1.38          *    -1.60
AVERAGE BACKFAT             0.65     0.63      0.64     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.32     2.74      2.66     2.55          *     2.65
LEA (LD Converted)          6.97     8.24      8.00     7.66          *     7.96
AVERAGE LEAN PERCENT       54.45    56.24     56.10    55.57          *    55.98
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,011
CARCASS BASE PRICE                51.23
AVERAGE NET PRICE                 52.08
AVERAGE OF LOWEST NET LOTS        45.90
AVERAGE OF HIGHEST NET LOTS       56.94
AVERAGE LIVE WT                  277.19
AVERAGE CARCASS WT               209.48
AVERAGE SORT LOSS                 -2.64
AVERAGE BACKFAT                    0.61
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.96
AVERAGE LEAN PERCENT              56.31
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      145,736
AVERAGE LIVE WT                  285.68
AVERAGE CARCASS WT               217.38
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              54.25
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.43 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.87;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.54
                    Wtd Avg Net Price        $58.46
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 20, 2019                  432,298
   February 21, 2019                  424,437
   February 22, 2019                  394,148
   February 23, 2019                  116,519
   February 24, 2019                   32,944
   February 25, 2019                  208,290
   February 26, 2019                  208,362
   February 27, 2019                  208,715
   February 28, 2019                  204,637
   March 01, 2019                     184,950
   March 02, 2019                      37,922
   March 03, 2019                      12,706
   March 04, 2019                     120,565
   March 05, 2019                     121,657
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,549        1,484       10,033
CARCASS BASE PRICE             48.45            *        48.45
AVERAGE NET PRICE              49.51            *        49.51
LOWEST NET LOT                 42.28            *        42.28
HIGHEST NET LOT                54.49            *        54.49
AVERAGE LIVE WT               269.06            *       272.35
AVERAGE CARCASS WT            197.01            *       197.16
AVERAGE SORT LOSS              -2.00            *        -1.97
AVERAGE BACKFAT                 0.65            *         0.65
AVG LOIN DEPTH (LD)             2.32            *         2.32
LEA (LD Converted)              6.97            *         6.98
AVERAGE LEAN PERCENT           54.45            *        54.45
(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
1000C


.