National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/16/2019

Past Market Reports

Report Date: 5/16/2019

LM_HG201
Des Moines, Iowa               Thu, May 16, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, May 15, 2019

Barrows and Gilts (Live and Carcass Basis): 427,352

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

HEAD COUNT                 7,285   45,625   116,069   94,755      1,158  264,892
CARCASS BASE PRICE         78.87    81.54     81.75    80.38          *    81.15
AVERAGE NET PRICE          80.57    84.25     84.63    81.72          *    83.40
LOWEST NET LOT             63.99    61.73     74.27    70.63          *    67.79
HIGHEST NET LOT            92.15    97.76     99.82   101.77          *    99.31
AVERAGE LIVE WT           284.54   284.34    284.28   283.28          *   283.92
AVERAGE CARCASS WT        204.42   215.81    213.83   213.29          *   213.77
AVERAGE SORT LOSS          -1.83    -1.93     -1.63    -1.36          *    -1.60
AVERAGE BACKFAT             0.72     0.59      0.63     0.67          *     0.64
AVG LOIN DEPTH (LD)         2.31     2.75      2.69     2.58          *     2.67
LEA (LD Converted)          6.94     8.26      8.09     7.76          *     8.02
AVERAGE LEAN PERCENT       54.76    56.51     56.22    55.81          *    56.15
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       20,796
CARCASS BASE PRICE                83.50
AVERAGE NET PRICE                 84.11
AVERAGE OF LOWEST NET LOTS        78.25
AVERAGE OF HIGHEST NET LOTS       87.20
AVERAGE LIVE WT                  280.36
AVERAGE CARCASS WT               210.69
AVERAGE SORT LOSS                 -1.57
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.53
LOINEYE AREA (LD Converted)        7.59
AVERAGE LEAN PERCENT              54.74
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      141,664
AVERAGE LIVE WT                  287.39
AVERAGE CARCASS WT               217.49
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              54.25
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.87 lbs carcass;  BF 0.64;  LD 2.62;  LEA 7.89;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $81.29
                    Wtd Avg Net Price        $83.44
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 16, 2019                       429,251
   May 17, 2019                       371,833
   May 18, 2019                        59,635
   May 19, 2019                        29,733
   May 20, 2019                       234,716
   May 21, 2019                       249,859
   May 22, 2019                       248,776
   May 23, 2019                       239,894
   May 24, 2019                       203,806
   May 25, 2019                        16,180
   May 26, 2019                         2,875
   May 27, 2019                        22,280
   May 28, 2019                       149,174
   May 29, 2019                       145,462
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,285        1,158       8,443
CARCASS BASE PRICE             78.87            *       78.87
AVERAGE NET PRICE              80.57            *       80.57
LOWEST NET LOT                 63.99            *       63.99
HIGHEST NET LOT                92.15            *       92.15
AVERAGE LIVE WT               284.54            *      283.62
AVERAGE CARCASS WT            204.42            *      205.58
AVERAGE SORT LOSS              -1.83            *       -1.86
AVERAGE BACKFAT                 0.72            *        0.72
AVG LOIN DEPTH (LD)             2.31            *        2.37
LEA (LD Converted)              6.94            *        7.12
AVERAGE LEAN PERCENT           54.76            *       54.84
(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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