Report Date: 2/28/2019
LM_HG201
Des Moines, Iowa Thu, Feb 28, 2019 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, February 27, 2019
Barrows and Gilts (Live and Carcass Basis): 449,218
NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/
MARKET OR PORK PURCHASE FORMULA WTD AVG
FORMULA MARKET ARRGMENT
(FUT/OPT)** FORMULA
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Producer Sold:
HEAD COUNT 7,433 46,438 145,953 92,301 1,230 293,355
CARCASS BASE PRICE 47.19 58.93 50.36 59.56 * 54.61
AVERAGE NET PRICE 48.33 61.67 52.59 60.74 * 56.58
LOWEST NET LOT 39.38 47.45 40.39 45.27 * 44.92
HIGHEST NET LOT 54.96 78.42 64.04 78.60 * 74.13
AVERAGE LIVE WT 276.73 288.06 284.68 282.22 * 284.24
AVERAGE CARCASS WT 203.54 217.02 214.10 212.18 * 213.71
AVERAGE SORT LOSS -2.49 -1.89 -1.69 -1.48 * -1.68
AVERAGE BACKFAT 0.63 0.61 0.63 0.68 * 0.64
AVG LOIN DEPTH (LD) 2.34 2.72 2.66 2.59 * 2.65
LEA (LD Converted) 7.01 8.19 8.00 7.79 * 7.97
AVERAGE LEAN PERCENT 54.62 56.26 56.07 55.78 * 56.01
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 8,225
CARCASS BASE PRICE 49.12
AVERAGE NET PRICE 50.43
AVERAGE OF LOWEST NET LOTS 43.27
AVERAGE OF HIGHEST NET LOTS 53.90
AVERAGE LIVE WT 276.34
AVERAGE CARCASS WT 208.87
AVERAGE SORT LOSS -2.46
AVERAGE BACKFAT 0.61
AVERAGE LOIN DEPTH (LD) 2.69
LOINEYE AREA (LD Converted) 8.10
AVERAGE LEAN PERCENT 56.30
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 147,638
AVERAGE LIVE WT 287.49
AVERAGE CARCASS WT 218.54
AVERAGE BACKFAT 0.67
AVERAGE LOIN DEPTH (LD) 2.46
AVERAGE LEAN PERCENT 53.96
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.23 lbs carcass; BF 0.65; LD 2.60; LEA 7.81; FFLI 53.60%
CARCASS-BASED PURCHASES:
Wtd Avg Base $54.45
Wtd Avg Net Price $56.41
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
February 28, 2019 457,850
March 01, 2019 417,228
March 02, 2019 159,722
March 03, 2019 33,348
March 04, 2019 279,826
March 05, 2019 290,290
March 06, 2019 289,763
March 07, 2019 281,907
March 08, 2019 272,693
March 09, 2019 82,781
March 10, 2019 14,608
March 11, 2019 131,735
March 12, 2019 135,035
March 13, 2019 135,786
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NEGOTIATED NEGOTIATED COMBINED
FORMULA
Producer Sold:
HEAD COUNT 7,433 1,230 8,663
CARCASS BASE PRICE 47.19 * 47.19
AVERAGE NET PRICE 48.33 * 48.33
LOWEST NET LOT 39.38 * 39.38
HIGHEST NET LOT 54.96 * 54.96
AVERAGE LIVE WT 276.73 * 276.34
AVERAGE CARCASS WT 203.54 * 203.64
AVERAGE SORT LOSS -2.49 * -2.49
AVERAGE BACKFAT 0.63 * 0.64
AVG LOIN DEPTH (LD) 2.34 * 2.34
LEA (LD Converted) 7.01 * 7.02
AVERAGE LEAN PERCENT 54.62 * 54.61
(Packer Buying Programs)
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* 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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