National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/8/2019

Past Market Reports

Report Date: 4/8/2019

LM_HG201
Des Moines, Iowa               Mon, Apr 08, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, April 5, 2019 and Saturday, April 6, 2019

Barrows and Gilts (Live and Carcass Basis): 524,185

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

HEAD COUNT                 8,529   61,864   150,674  105,510      1,290  327,867
CARCASS BASE PRICE         73.18    72.98     76.30    74.87          *    75.14
AVERAGE NET PRICE          75.74    75.07     78.87    76.05          *    77.16
LOWEST NET LOT             58.47    52.41     64.44    60.17          *    57.58
HIGHEST NET LOT            86.10    83.54     84.81   109.10          *    86.95
AVERAGE LIVE WT           281.15   291.37    286.84   284.89          *   286.92
AVERAGE CARCASS WT        206.29   220.59    215.84   214.25          *   216.00
AVERAGE SORT LOSS          -2.51    -2.48     -1.81    -1.49          *    -1.86
AVERAGE BACKFAT             0.58     0.60      0.63     0.68          *     0.64
AVG LOIN DEPTH (LD)         2.58     2.79      2.71     2.57          *     2.69
LEA (LD Converted)          7.75     8.41      8.14     7.73          *     8.09
AVERAGE LEAN PERCENT       55.62    56.61     56.24    55.72          *    56.19
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,322
CARCASS BASE PRICE                76.45
AVERAGE NET PRICE                 77.46
AVERAGE OF LOWEST NET LOTS        69.71
AVERAGE OF HIGHEST NET LOTS       82.80
AVERAGE LIVE WT                  275.73
AVERAGE CARCASS WT               208.82
AVERAGE SORT LOSS                 -2.16
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.96
AVERAGE LEAN PERCENT              56.66
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      184,996
AVERAGE LIVE WT                  287.66
AVERAGE CARCASS WT               218.93
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              54.23
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.90 lbs carcass;  BF 0.64;  LD 2.62;  LEA 7.88;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $75.18
                    Wtd Avg Net Price        $77.17
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 08, 2019                     440,779
   April 09, 2019                     422,357
   April 10, 2019                     416,093
   April 11, 2019                     402,528
   April 12, 2019                     373,798
   April 13, 2019                      43,336
   April 14, 2019                      19,903
   April 15, 2019                     155,176
   April 16, 2019                     161,489
   April 17, 2019                     163,974
   April 18, 2019                     159,913
   April 19, 2019                     120,997
   April 20, 2019                       2,613
   April 21, 2019                       7,313
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,529        1,290       9,819
CARCASS BASE PRICE             73.18            *       73.18
AVERAGE NET PRICE              75.74            *       75.74
LOWEST NET LOT                 58.47            *       58.47
HIGHEST NET LOT                86.10            *       86.10
AVERAGE LIVE WT               281.15            *      281.06
AVERAGE CARCASS WT            206.29            *      206.33
AVERAGE SORT LOSS              -2.51            *       -2.35
AVERAGE BACKFAT                 0.58            *        0.59
AVG LOIN DEPTH (LD)             2.58            *        2.58
LEA (LD Converted)              7.75            *        7.74
AVERAGE LEAN PERCENT           55.62            *       55.71
(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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