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National Daily Direct Hog Prior Day - Slaughtered Swine

Past Market Reports

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
--------------------------------------------------------------------------------
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)
--------------------------------------------------------------------------------
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)
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
                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
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
                          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)
--------------------------------------------------------------------------------
* 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


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