National Daily Direct Hog Prior Day - Slaughtered Swine

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

Past Market Reports

Report Date: 4/5/2019

LM_HG201
Des Moines, Iowa               Fri, Apr 05, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, April 4, 2019

Barrows and Gilts (Live and Carcass Basis): 436,017

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

HEAD COUNT                 8,344   42,257   126,078   92,969      1,188  270,836
CARCASS BASE PRICE         74.80    72.01     76.11    74.47          *    74.84
AVERAGE NET PRICE          76.77    74.55     78.75    75.66          *    76.95
LOWEST NET LOT             64.80    53.57     65.56    60.13          *    58.73
HIGHEST NET LOT            84.81    83.61     93.34    87.68          *    87.60
AVERAGE LIVE WT           272.23   285.97    285.00   285.20          *   284.88
AVERAGE CARCASS WT        198.27   216.18    214.41   213.96          *   214.15
AVERAGE SORT LOSS          -1.83    -1.81     -1.67    -1.42          *    -1.61
AVERAGE BACKFAT             0.67     0.60      0.64     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.31     2.75      2.68     2.59          *     2.66
LEA (LD Converted)          6.93     8.27      8.07     7.77          *     8.01
AVERAGE LEAN PERCENT       54.56    56.47     56.14    55.61          *    56.04
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,690
CARCASS BASE PRICE                79.13
AVERAGE NET PRICE                 79.32
AVERAGE OF LOWEST NET LOTS        72.25
AVERAGE OF HIGHEST NET LOTS       82.09
AVERAGE LIVE WT                  280.89
AVERAGE CARCASS WT               213.20
AVERAGE SORT LOSS                 -1.60
AVERAGE BACKFAT                    0.59
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.05
AVERAGE LEAN PERCENT              56.43
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      148,491
AVERAGE LIVE WT                  288.68
AVERAGE CARCASS WT               218.72
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              54.42
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.70 lbs carcass;  BF 0.65;  LD 2.63;  LEA 7.90;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $75.09
                    Wtd Avg Net Price        $77.10
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 05, 2019                     363,519
   April 06, 2019                     114,723
   April 07, 2019                      40,625
   April 08, 2019                     384,497
   April 09, 2019                     372,774
   April 10, 2019                     374,848
   April 11, 2019                     363,611
   April 12, 2019                     331,249
   April 13, 2019                      43,415
   April 14, 2019                      14,243
   April 15, 2019                     142,836
   April 16, 2019                     146,349
   April 17, 2019                     148,144
   April 18, 2019                     145,384
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,344        1,188       9,532
CARCASS BASE PRICE             74.80            *       74.80
AVERAGE NET PRICE              76.77            *       76.77
LOWEST NET LOT                 64.80            *       64.80
HIGHEST NET LOT                84.81            *       84.81
AVERAGE LIVE WT               272.23            *      274.76
AVERAGE CARCASS WT            198.27            *      198.83
AVERAGE SORT LOSS              -1.83            *       -1.80
AVERAGE BACKFAT                 0.67            *        0.68
AVG LOIN DEPTH (LD)             2.31            *        2.33
LEA (LD Converted)              6.93            *        6.99
AVERAGE LEAN PERCENT           54.56            *       54.55
(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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