National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/20/2019

Past Market Reports

Report Date: 3/20/2019

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

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

Barrows and Gilts (Live and Carcass Basis): 441,208

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

HEAD COUNT                 7,489   48,762   127,197   86,884      1,469  271,801
CARCASS BASE PRICE         53.11    66.68     57.95    65.00          *    61.75
AVERAGE NET PRICE          54.82    69.56     60.26    66.11          *    63.76
LOWEST NET LOT             42.00    54.06     46.60    49.82          *    48.61
HIGHEST NET LOT            62.95    80.04     74.34    81.06          *    77.43
AVERAGE LIVE WT           274.19   287.27    283.59   282.65          *   283.77
AVERAGE CARCASS WT        199.09   217.90    213.20   211.70          *   213.26
AVERAGE SORT LOSS          -2.15    -1.93     -1.68    -1.37          *    -1.65
AVERAGE BACKFAT             0.67     0.59      0.63     0.67          *     0.63
AVG LOIN DEPTH (LD)         2.35     2.75      2.66     2.54          *     2.65
LEA (LD Converted)          7.07     8.26      8.01     7.64          *     7.96
AVERAGE LEAN PERCENT       54.65    56.49     56.08    55.63          *    56.03
(Packer Buying Programs)*
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,499
CARCASS BASE PRICE                57.98
AVERAGE NET PRICE                 58.12
AVERAGE OF LOWEST NET LOTS        45.44
AVERAGE OF HIGHEST NET LOTS       62.95
AVERAGE LIVE WT                  283.17
AVERAGE CARCASS WT               215.76
AVERAGE SORT LOSS                 -1.74
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.09
AVERAGE LEAN PERCENT              56.50
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      154,908
AVERAGE LIVE WT                  285.58
AVERAGE CARCASS WT               217.78
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.34
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.95 lbs carcass;  BF 0.63;  LD 2.60;  LEA 7.82;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $61.55
                    Wtd Avg Net Price        $63.47
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 20, 2019                     452,445
   March 21, 2019                     429,228
   March 22, 2019                     395,037
   March 23, 2019                     138,708
   March 24, 2019                      26,980
   March 25, 2019                     199,068
   March 26, 2019                     201,527
   March 27, 2019                     199,993
   March 28, 2019                     193,941
   March 29, 2019                     185,060
   March 30, 2019                      34,217
   March 31, 2019                      12,406
   April 01, 2019                     124,433
   April 02, 2019                     126,625
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,489        1,469        8,958
CARCASS BASE PRICE             53.11            *        53.11
AVERAGE NET PRICE              54.82            *        54.82
LOWEST NET LOT                 42.00            *        42.00
HIGHEST NET LOT                62.95            *        62.95
AVERAGE LIVE WT               274.19            *       276.69
AVERAGE CARCASS WT            199.09            *       200.20
AVERAGE SORT LOSS              -2.15            *        -2.26
AVERAGE BACKFAT                 0.67            *         0.68
AVG LOIN DEPTH (LD)             2.35            *         2.36
LEA (LD Converted)              7.07            *         7.11
AVERAGE LEAN PERCENT           54.65            *        54.62
(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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