National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 3/7/2019

Past Market Reports

Report Date: 3/7/2019

LM_HG201
Des Moines, Iowa               Thu, Mar 07, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, March 6, 2019

Barrows and Gilts (Live and Carcass Basis): 446,081

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

HEAD COUNT                 8,555   45,595   125,809   97,730      1,306  278,995
CARCASS BASE PRICE         45.10    58.95     49.52    59.64          *    54.54
AVERAGE NET PRICE          46.58    61.53     51.99    61.02          *    56.63
LOWEST NET LOT             37.50    46.15     34.78    45.34          *    42.33
HIGHEST NET LOT            52.00    75.46     63.57    78.66          *    72.02
AVERAGE LIVE WT           268.69   285.12    284.51   282.92          *   283.62
AVERAGE CARCASS WT        198.16   215.60    214.09   212.61          *   213.34
AVERAGE SORT LOSS          -1.48    -1.83     -1.74    -1.30          *    -1.60
AVERAGE BACKFAT             0.59     0.61      0.63     0.69          *     0.64
AVG LOIN DEPTH (LD)         2.41     2.72      2.68     2.59          *     2.66
LEA (LD Converted)          7.24     8.19      8.06     7.78          *     7.99
AVERAGE LEAN PERCENT       54.97    56.36     56.10    55.65          *    56.00
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,984
CARCASS BASE PRICE                49.39
AVERAGE NET PRICE                 49.69
AVERAGE OF LOWEST NET LOTS        45.36
AVERAGE OF HIGHEST NET LOTS       53.81
AVERAGE LIVE WT                  284.42
AVERAGE CARCASS WT               216.13
AVERAGE SORT LOSS                 -1.98
AVERAGE BACKFAT                    0.59
AVERAGE LOIN DEPTH (LD)            2.70
LOINEYE AREA (LD Converted)        8.11
AVERAGE LEAN PERCENT              56.51
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      150,102
AVERAGE LIVE WT                  287.11
AVERAGE CARCASS WT               218.37
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.41
AVERAGE LEAN PERCENT              53.78
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.18 lbs carcass;  BF 0.65;  LD 2.58;  LEA 7.76;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $54.24
                    Wtd Avg Net Price        $56.22
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 07, 2019                     449,566
   March 08, 2019                     405,468
   March 09, 2019                     140,901
   March 10, 2019                      30,455
   March 11, 2019                     270,125
   March 12, 2019                     282,487
   March 13, 2019                     280,824
   March 14, 2019                     276,899
   March 15, 2019                     253,609
   March 16, 2019                      61,872
   March 17, 2019                      14,245
   March 18, 2019                     139,551
   March 19, 2019                     136,196
   March 20, 2019                     143,652
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,555        1,306        9,861
CARCASS BASE PRICE             45.10            *        45.10
AVERAGE NET PRICE              46.58            *        46.58
LOWEST NET LOT                 37.50            *        37.50
HIGHEST NET LOT                52.00            *        52.00
AVERAGE LIVE WT               268.69            *       271.83
AVERAGE CARCASS WT            198.16            *       199.07
AVERAGE SORT LOSS              -1.48            *        -1.52
AVERAGE BACKFAT                 0.59            *         0.60
AVG LOIN DEPTH (LD)             2.41            *         2.42
LEA (LD Converted)              7.24            *         7.27
AVERAGE LEAN PERCENT           54.97            *        54.91
(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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