LM_HG201 Des Moines, Iowa Fri, Apr 12, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Thursday, April 11, 2019 Barrows and Gilts (Live and Carcass Basis): 393,894 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 5,892 33,630 104,044 85,213 1,581 230,360 CARCASS BASE PRICE 75.20 73.64 76.86 75.96 * 76.01 AVERAGE NET PRICE 78.05 76.34 79.46 77.37 * 78.17 LOWEST NET LOT 69.08 49.58 69.62 54.29 * 59.86 HIGHEST NET LOT 83.80 87.60 93.37 99.67 * 89.38 AVERAGE LIVE WT 272.01 287.73 285.18 284.76 * 285.10 AVERAGE CARCASS WT 193.68 217.91 214.42 213.98 * 214.38 AVERAGE SORT LOSS -2.02 -2.02 -1.81 -1.40 * -1.70 AVERAGE BACKFAT 0.66 0.59 0.63 0.67 * 0.64 AVG LOIN DEPTH (LD) 2.32 2.78 2.68 2.63 * 2.68 LEA (LD Converted) 6.95 8.35 8.07 7.92 * 8.06 AVERAGE LEAN PERCENT 54.57 56.52 56.07 55.88 * 56.07 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 14,847 CARCASS BASE PRICE 79.82 AVERAGE NET PRICE 79.27 AVERAGE OF LOWEST NET LOTS 74.05 AVERAGE OF HIGHEST NET LOTS 80.65 AVERAGE LIVE WT 290.16 AVERAGE CARCASS WT 218.98 AVERAGE SORT LOSS -1.88 AVERAGE BACKFAT 0.72 AVERAGE LOIN DEPTH (LD) 2.73 LOINEYE AREA (LD Converted) 8.20 AVERAGE LEAN PERCENT 56.21 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 148,687 AVERAGE LIVE WT 288.35 AVERAGE CARCASS WT 218.48 AVERAGE BACKFAT 0.64 AVERAGE LOIN DEPTH (LD) 2.53 AVERAGE LEAN PERCENT 54.45 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 216.14 lbs carcass; BF 0.64; LD 2.63; LEA 7.90; FFLI 53.80% CARCASS-BASED PURCHASES: Wtd Avg Base $76.25 Wtd Avg Net Price $78.24 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count April 12, 2019 414,155 April 13, 2019 56,149 April 14, 2019 33,845 April 15, 2019 338,617 April 16, 2019 342,940 April 17, 2019 344,721 April 18, 2019 331,502 April 19, 2019 279,249 April 20, 2019 27,088 April 21, 2019 10,946 April 22, 2019 130,211 April 23, 2019 157,053 April 24, 2019 160,826 April 25, 2019 163,841 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 5,892 1,581 7,473 CARCASS BASE PRICE 75.20 * 75.20 AVERAGE NET PRICE 78.05 * 78.05 LOWEST NET LOT 69.08 * 69.08 HIGHEST NET LOT 83.80 * 83.80 AVERAGE LIVE WT 272.01 * 274.38 AVERAGE CARCASS WT 193.68 * 194.96 AVERAGE SORT LOSS -2.02 * -2.01 AVERAGE BACKFAT 0.66 * 0.67 AVG LOIN DEPTH (LD) 2.32 * 2.34 LEA (LD Converted) 6.95 * 7.03 AVERAGE LEAN PERCENT 54.57 * 54.60 (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 .