LM_HG201 Des Moines, Iowa Mon, Apr 15, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Friday, April 12, 2019 and Saturday, April 13, 2019 Barrows and Gilts (Live and Carcass Basis): 476,260 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 9,138 45,435 161,592 91,590 1,567 309,322 CARCASS BASE PRICE 75.99 75.34 77.25 75.86 * 76.52 AVERAGE NET PRICE 76.89 77.58 79.83 77.18 * 78.63 LOWEST NET LOT 66.12 56.90 69.77 52.73 * 57.95 HIGHEST NET LOT 83.94 83.20 92.77 109.26 * 89.76 AVERAGE LIVE WT 279.46 292.41 286.49 284.78 * 286.64 AVERAGE CARCASS WT 205.96 221.69 215.50 214.20 * 215.73 AVERAGE SORT LOSS -2.57 -2.38 -1.82 -1.51 * -1.84 AVERAGE BACKFAT 0.67 0.58 0.63 0.66 * 0.63 AVG LOIN DEPTH (LD) 2.51 2.83 2.72 2.61 * 2.71 LEA (LD Converted) 7.55 8.53 8.17 7.84 * 8.14 AVERAGE LEAN PERCENT 55.20 56.81 56.28 55.97 * 56.28 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 16,511 CARCASS BASE PRICE 79.50 AVERAGE NET PRICE 79.43 AVERAGE OF LOWEST NET LOTS 70.26 AVERAGE OF HIGHEST NET LOTS 82.92 AVERAGE LIVE WT 282.38 AVERAGE CARCASS WT 214.54 AVERAGE SORT LOSS -2.02 AVERAGE BACKFAT 0.68 AVERAGE LOIN DEPTH (LD) 2.54 LOINEYE AREA (LD Converted) 7.64 AVERAGE LEAN PERCENT 54.81 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 150,427 AVERAGE LIVE WT 289.54 AVERAGE CARCASS WT 218.97 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.48 AVERAGE LEAN PERCENT 54.06 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 216.72 lbs carcass; BF 0.64; LD 2.64; LEA 7.95; FFLI 53.70% CARCASS-BASED PURCHASES: Wtd Avg Base $76.67 Wtd Avg Net Price $78.67 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count April 15, 2019 404,920 April 16, 2019 414,984 April 17, 2019 409,169 April 18, 2019 405,355 April 19, 2019 350,250 April 20, 2019 65,931 April 21, 2019 9,821 April 22, 2019 130,586 April 23, 2019 160,183 April 24, 2019 163,046 April 25, 2019 165,181 April 26, 2019 141,887 April 27, 2019 12,662 April 28, 2019 10,405 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 9,138 1,567 10,705 CARCASS BASE PRICE 75.99 * 75.99 AVERAGE NET PRICE 76.89 * 76.89 LOWEST NET LOT 66.12 * 66.12 HIGHEST NET LOT 83.94 * 83.94 AVERAGE LIVE WT 279.46 * 278.89 AVERAGE CARCASS WT 205.96 * 205.71 AVERAGE SORT LOSS -2.57 * -2.42 AVERAGE BACKFAT 0.67 * 0.67 AVG LOIN DEPTH (LD) 2.51 * 2.51 LEA (LD Converted) 7.55 * 7.57 AVERAGE LEAN PERCENT 55.20 * 55.33 (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 .