LM_HG201 Des Moines, Iowa Thu, Apr 11, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Wednesday, April 10, 2019 Barrows and Gilts (Live and Carcass Basis): 417,196 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 6,454 36,670 109,180 91,446 1,662 245,412 CARCASS BASE PRICE 75.68 74.52 76.93 75.60 * 76.04 AVERAGE NET PRICE 78.27 76.76 79.35 77.20 * 78.13 LOWEST NET LOT 56.38 50.57 68.42 53.22 * 56.35 HIGHEST NET LOT 86.02 82.64 90.85 98.10 * 90.12 AVERAGE LIVE WT 273.20 287.37 284.92 282.13 * 284.03 AVERAGE CARCASS WT 200.63 217.25 214.95 211.70 * 213.75 AVERAGE SORT LOSS -2.09 -2.01 -1.90 -1.28 * -1.71 AVERAGE BACKFAT 0.66 0.61 0.63 0.68 * 0.64 AVG LOIN DEPTH (LD) 2.47 2.76 2.70 2.61 * 2.68 LEA (LD Converted) 7.41 8.29 8.11 7.85 * 8.05 AVERAGE LEAN PERCENT 54.83 56.57 56.07 55.78 * 56.05 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 17,048 CARCASS BASE PRICE 79.65 AVERAGE NET PRICE 80.09 AVERAGE OF LOWEST NET LOTS 76.57 AVERAGE OF HIGHEST NET LOTS 83.03 AVERAGE LIVE WT 281.35 AVERAGE CARCASS WT 213.43 AVERAGE SORT LOSS -1.49 AVERAGE BACKFAT 0.60 AVERAGE LOIN DEPTH (LD) 2.60 LOINEYE AREA (LD Converted) 7.80 AVERAGE LEAN PERCENT 55.95 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 154,736 AVERAGE LIVE WT 288.04 AVERAGE CARCASS WT 218.45 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.54 AVERAGE LEAN PERCENT 54.46 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 215.51 lbs carcass; BF 0.64; LD 2.63; LEA 7.90; FFLI 53.70% CARCASS-BASED PURCHASES: Wtd Avg Base $76.29 Wtd Avg Net Price $78.26 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count April 11, 2019 431,349 April 12, 2019 389,471 April 13, 2019 44,365 April 14, 2019 26,976 April 15, 2019 237,655 April 16, 2019 248,476 April 17, 2019 248,541 April 18, 2019 243,107 April 19, 2019 192,959 April 20, 2019 19,042 April 21, 2019 9,161 April 22, 2019 132,521 April 23, 2019 162,918 April 24, 2019 159,406 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 6,454 1,662 8,116 CARCASS BASE PRICE 75.68 * 75.68 AVERAGE NET PRICE 78.27 * 78.27 LOWEST NET LOT 56.38 * 56.38 HIGHEST NET LOT 86.02 * 86.02 AVERAGE LIVE WT 273.20 * 276.96 AVERAGE CARCASS WT 200.63 * 201.79 AVERAGE SORT LOSS -2.09 * -2.00 AVERAGE BACKFAT 0.66 * 0.67 AVG LOIN DEPTH (LD) 2.47 * 2.48 LEA (LD Converted) 7.41 * 7.45 AVERAGE LEAN PERCENT 54.83 * 54.82 (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 .