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National Daily Direct Hog Prior Day - Slaughtered Swine

Last Updated 2/22/2019 | View 1392 Archived Reports

LM_HG201
Des Moines, Iowa               Fri, Feb 22, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, February 21, 2019

Barrows and Gilts (Live and Carcass Basis): 443,351

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

HEAD COUNT                 9,433   46,434   140,491   92,612      1,613  290,583
CARCASS BASE PRICE         48.09    58.35     51.55    59.78          *    55.26
AVERAGE NET PRICE          49.38    60.66     53.65    61.03          *    57.09
LOWEST NET LOT             37.79    45.09     34.34    37.47          *    40.74
HIGHEST NET LOT            55.54    73.43     70.32    77.67          *    72.56
AVERAGE LIVE WT           272.57   287.36    286.41   283.03          *   285.07
AVERAGE CARCASS WT        199.71   217.53    215.41   212.63          *   214.45
AVERAGE SORT LOSS          -1.97    -2.12     -1.69    -1.51          *    -1.72
AVERAGE BACKFAT             0.61     0.62      0.64     0.68          *     0.65
AVG LOIN DEPTH (LD)         2.34     2.74      2.67     2.60          *     2.66
LEA (LD Converted)          7.04     8.25      8.02     7.83          *     8.00
AVERAGE LEAN PERCENT       54.67    56.32     56.02    55.76          *    55.99
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        6,347
CARCASS BASE PRICE                51.05
AVERAGE NET PRICE                 52.55
AVERAGE OF LOWEST NET LOTS        49.39
AVERAGE OF HIGHEST NET LOTS       55.41
AVERAGE LIVE WT                  283.25
AVERAGE CARCASS WT               209.83
AVERAGE SORT LOSS                 -1.87
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.96
AVERAGE LEAN PERCENT              56.23
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      146,421
AVERAGE LIVE WT                  286.98
AVERAGE CARCASS WT               218.00
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              54.31
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.58 lbs carcass;  BF 0.65;  LD 2.62;  LEA 7.89;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $55.16
                    Wtd Avg Net Price        $56.99
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 22, 2019                  428,871
   February 23, 2019                  123,704
   February 24, 2019                   29,627
   February 25, 2019                  388,214
   February 26, 2019                  384,689
   February 27, 2019                  363,402
   February 28, 2019                  357,538
   March 01, 2019                     334,265
   March 02, 2019                      73,081
   March 03, 2019                      16,503
   March 04, 2019                     146,513
   March 05, 2019                     151,808
   March 06, 2019                     152,771
   March 07, 2019                     151,715
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,433        1,613       11,046
CARCASS BASE PRICE             48.09            *        48.09
AVERAGE NET PRICE              49.38            *        49.38
LOWEST NET LOT                 37.79            *        37.79
HIGHEST NET LOT                55.54            *        55.54
AVERAGE LIVE WT               272.57            *       274.84
AVERAGE CARCASS WT            199.71            *       200.52
AVERAGE SORT LOSS              -1.97            *        -1.98
AVERAGE BACKFAT                 0.61            *         0.61
AVG LOIN DEPTH (LD)             2.34            *         2.37
LEA (LD Converted)              7.04            *         7.13
AVERAGE LEAN PERCENT           54.67            *        54.75
(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
1000C


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