National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 4/26/2019

Past Market Reports

Report Date: 4/26/2019

LM_HG201
Des Moines, Iowa               Fri, Apr 26, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, April 25, 2019

Barrows and Gilts (Live and Carcass Basis): 432,268

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

HEAD COUNT                 7,017   43,225   119,130   93,025        836  263,233
CARCASS BASE PRICE         78.64    82.82     81.34    79.45          *    80.86
AVERAGE NET PRICE          81.30    85.44     83.85    80.70          *    82.92
LOWEST NET LOT             74.19    64.60     71.09    67.82          *    70.30
HIGHEST NET LOT            89.50   101.19     89.37   100.46          *    95.40
AVERAGE LIVE WT           273.70   284.97    286.03   282.92          *   284.39
AVERAGE CARCASS WT        203.24   215.24    215.12   212.62          *   213.99
AVERAGE SORT LOSS          -2.54    -1.67     -1.72    -1.22          *    -1.56
AVERAGE BACKFAT             0.65     0.61      0.63     0.68          *     0.64
AVG LOIN DEPTH (LD)         2.50     2.71      2.69     2.54          *     2.65
LEA (LD Converted)          7.51     8.17      8.09     7.64          *     7.98
AVERAGE LEAN PERCENT       55.20    56.29     56.12    55.65          *    56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,803
CARCASS BASE PRICE                84.31
AVERAGE NET PRICE                 84.48
AVERAGE OF LOWEST NET LOTS        78.12
AVERAGE OF HIGHEST NET LOTS       87.72
AVERAGE LIVE WT                  286.98
AVERAGE CARCASS WT               217.46
AVERAGE SORT LOSS                 -1.62
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.57
LOINEYE AREA (LD Converted)        7.74
AVERAGE LEAN PERCENT              54.92
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      151,232
AVERAGE LIVE WT                  288.10
AVERAGE CARCASS WT               218.24
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              54.42
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.65 lbs carcass;  BF 0.65;  LD 2.61;  LEA 7.85;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $81.09
                    Wtd Avg Net Price        $83.02
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 26, 2019                     406,042
   April 27, 2019                     100,654
   April 28, 2019                      33,723
   April 29, 2019                     376,734
   April 30, 2019                     372,059
   May 01, 2019                       362,227
   May 02, 2019                       361,868
   May 03, 2019                       329,619
   May 04, 2019                        30,497
   May 05, 2019                        15,938
   May 06, 2019                       147,168
   May 07, 2019                       146,544
   May 08, 2019                       149,159
   May 09, 2019                       143,148
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,017          836        7,853
CARCASS BASE PRICE             78.64            *        78.64
AVERAGE NET PRICE              81.30            *        81.30
LOWEST NET LOT                 74.19            *        74.19
HIGHEST NET LOT                89.50            *        89.50
AVERAGE LIVE WT               273.70            *       273.51
AVERAGE CARCASS WT            203.24            *       203.28
AVERAGE SORT LOSS              -2.54            *        -2.47
AVERAGE BACKFAT                 0.65            *         0.66
AVG LOIN DEPTH (LD)             2.50            *         2.49
LEA (LD Converted)              7.51            *         7.48
AVERAGE LEAN PERCENT           55.20            *        55.10
(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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