National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/30/2019

Past Market Reports

Report Date: 4/30/2019

LM_HG201
Des Moines, Iowa               Tue, Apr 30, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, April 29, 2019

Barrows and Gilts (Live and Carcass Basis): 426,114

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

HEAD COUNT                 5,120   42,078   106,580   98,736      1,849  254,363
CARCASS BASE PRICE         80.38    81.57     80.99    80.52          *    80.89
AVERAGE NET PRICE          81.97    83.68     83.34    82.12          *    82.88
LOWEST NET LOT             74.12    63.54     72.31    70.51          *    67.06
HIGHEST NET LOT            89.90    96.58     89.42    99.51          *    96.72
AVERAGE LIVE WT           270.53   285.52    284.21   284.02          *   284.24
AVERAGE CARCASS WT        201.77   217.02    213.97   213.41          *   214.03
AVERAGE SORT LOSS          -2.02    -2.12     -1.55    -1.43          *    -1.61
AVERAGE BACKFAT             0.70     0.61      0.64     0.65          *     0.64
AVG LOIN DEPTH (LD)         2.36     2.71      2.67     2.64          *     2.66
LEA (LD Converted)          7.09     8.16      8.03     7.93          *     8.01
AVERAGE LEAN PERCENT       54.83    56.04     56.07    55.95          *    56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       20,109
CARCASS BASE PRICE                83.88
AVERAGE NET PRICE                 83.91
AVERAGE OF LOWEST NET LOTS        79.02
AVERAGE OF HIGHEST NET LOTS       86.26
AVERAGE LIVE WT                  277.70
AVERAGE CARCASS WT               211.50
AVERAGE SORT LOSS                 -1.84
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.46
LOINEYE AREA (LD Converted)        7.38
AVERAGE LEAN PERCENT              54.51
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      151,642
AVERAGE LIVE WT                  283.92
AVERAGE CARCASS WT               215.78
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.41
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.55 lbs carcass;  BF 0.65;  LD 2.62;  LEA 7.86;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $81.11
                    Wtd Avg Net Price        $82.96
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 30, 2019                     441,835
   May 01, 2019                       407,272
   May 02, 2019                       391,184
   May 03, 2019                       355,602
   May 04, 2019                        36,478
   May 05, 2019                        27,459
   May 06, 2019                       174,347
   May 07, 2019                       167,061
   May 08, 2019                       167,603
   May 09, 2019                       164,293
   May 10, 2019                       139,357
   May 11, 2019                         6,835
   May 12, 2019                        10,245
   May 13, 2019                       103,703
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     5,120        1,849       6,969
CARCASS BASE PRICE             80.38            *       80.38
AVERAGE NET PRICE              81.97            *       81.97
LOWEST NET LOT                 74.12            *       74.12
HIGHEST NET LOT                89.90            *       89.90
AVERAGE LIVE WT               270.53            *      278.84
AVERAGE CARCASS WT            201.77            *      202.76
AVERAGE SORT LOSS              -2.02            *       -2.08
AVERAGE BACKFAT                 0.70            *        0.69
AVG LOIN DEPTH (LD)             2.36            *        2.43
LEA (LD Converted)              7.09            *        7.30
AVERAGE LEAN PERCENT           54.83            *       55.16
(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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