LM_HG201 Des Moines, Iowa Wed, Apr 03, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Tuesday, April 2, 2019 Barrows and Gilts (Live and Carcass Basis): 440,906 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 5,384 48,581 124,000 94,369 1,383 273,717 CARCASS BASE PRICE 73.21 72.16 75.51 73.82 * 74.27 AVERAGE NET PRICE 76.02 75.12 78.18 75.18 * 76.53 LOWEST NET LOT 67.16 59.23 66.34 62.61 * 65.02 HIGHEST NET LOT 82.43 83.24 94.19 98.46 * 89.01 AVERAGE LIVE WT 273.53 286.78 282.51 282.12 * 283.02 AVERAGE CARCASS WT 198.74 217.04 212.56 211.73 * 212.83 AVERAGE SORT LOSS -2.25 -1.95 -1.61 -1.38 * -1.61 AVERAGE BACKFAT 0.61 0.59 0.63 0.67 * 0.63 AVG LOIN DEPTH (LD) 2.36 2.75 2.69 2.59 * 2.67 LEA (LD Converted) 7.08 8.27 8.08 7.78 * 8.03 AVERAGE LEAN PERCENT 54.77 56.51 56.18 55.89 * 56.15 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 17,536 CARCASS BASE PRICE 78.15 AVERAGE NET PRICE 77.89 AVERAGE OF LOWEST NET LOTS 72.14 AVERAGE OF HIGHEST NET LOTS 81.86 AVERAGE LIVE WT 285.04 AVERAGE CARCASS WT 215.68 AVERAGE SORT LOSS -2.14 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.68 LOINEYE AREA (LD Converted) 8.06 AVERAGE LEAN PERCENT 56.20 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 149,653 AVERAGE LIVE WT 284.57 AVERAGE CARCASS WT 215.81 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.52 AVERAGE LEAN PERCENT 54.47 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 213.97 lbs carcass; BF 0.64; LD 2.62; LEA 7.89; FFLI 53.80% CARCASS-BASED PURCHASES: Wtd Avg Base $74.51 Wtd Avg Net Price $76.61 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count April 03, 2019 449,024 April 04, 2019 418,258 April 05, 2019 337,151 April 06, 2019 102,990 April 07, 2019 27,537 April 08, 2019 199,855 April 09, 2019 207,321 April 10, 2019 206,023 April 11, 2019 203,787 April 12, 2019 176,118 April 13, 2019 18,680 April 14, 2019 12,940 April 15, 2019 119,388 April 16, 2019 123,390 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 5,384 1,383 6,767 CARCASS BASE PRICE 73.21 * 73.21 AVERAGE NET PRICE 76.02 * 76.02 LOWEST NET LOT 67.16 * 67.16 HIGHEST NET LOT 82.43 * 82.43 AVERAGE LIVE WT 273.53 * 276.20 AVERAGE CARCASS WT 198.74 * 200.61 AVERAGE SORT LOSS -2.25 * -2.30 AVERAGE BACKFAT 0.61 * 0.63 AVG LOIN DEPTH (LD) 2.36 * 2.39 LEA (LD Converted) 7.08 * 7.16 AVERAGE LEAN PERCENT 54.77 * 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 .