LM_HG201 Des Moines, Iowa Tue, Apr 16, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Monday, April 15, 2019 Barrows and Gilts (Live and Carcass Basis): 401,689 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 7,448 39,562 117,247 99,173 878 264,308 CARCASS BASE PRICE 76.05 75.67 77.64 77.28 * 77.15 AVERAGE NET PRICE 78.20 78.14 80.17 79.14 * 79.41 LOWEST NET LOT 71.31 48.91 70.19 49.63 * 57.64 HIGHEST NET LOT 85.27 99.61 90.98 98.22 * 96.59 AVERAGE LIVE WT 273.45 285.33 283.69 279.91 * 282.30 AVERAGE CARCASS WT 201.58 216.13 213.54 210.80 * 212.55 AVERAGE SORT LOSS -1.65 -1.87 -1.52 -1.41 * -1.54 AVERAGE BACKFAT 0.68 0.61 0.63 0.64 * 0.63 AVG LOIN DEPTH (LD) 2.36 2.71 2.67 2.60 * 2.65 LEA (LD Converted) 7.08 8.14 8.01 7.83 * 7.96 AVERAGE LEAN PERCENT 55.20 56.14 56.23 56.13 * 56.17 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 10,276 CARCASS BASE PRICE 78.32 AVERAGE NET PRICE 79.75 AVERAGE OF LOWEST NET LOTS 77.45 AVERAGE OF HIGHEST NET LOTS 82.93 AVERAGE LIVE WT 275.99 AVERAGE CARCASS WT 209.39 AVERAGE SORT LOSS -1.40 AVERAGE BACKFAT 0.63 AVERAGE LOIN DEPTH (LD) 2.51 LOINEYE AREA (LD Converted) 7.55 AVERAGE LEAN PERCENT 55.06 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 127,105 AVERAGE LIVE WT 285.65 AVERAGE CARCASS WT 216.91 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.50 AVERAGE LEAN PERCENT 54.29 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 213.92 lbs carcass; BF 0.64; LD 2.60; LEA 7.82; FFLI 53.80% CARCASS-BASED PURCHASES: Wtd Avg Base $77.20 Wtd Avg Net Price $79.42 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count April 16, 2019 449,301 April 17, 2019 422,700 April 18, 2019 409,741 April 19, 2019 350,397 April 20, 2019 65,591 April 21, 2019 15,091 April 22, 2019 145,688 April 23, 2019 176,138 April 24, 2019 178,444 April 25, 2019 179,226 April 26, 2019 157,004 April 27, 2019 26,499 April 28, 2019 17,533 April 29, 2019 117,967 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 7,448 878 8,326 CARCASS BASE PRICE 76.05 * 76.05 AVERAGE NET PRICE 78.20 * 78.20 LOWEST NET LOT 71.31 * 71.31 HIGHEST NET LOT 85.27 * 85.27 AVERAGE LIVE WT 273.45 * 274.38 AVERAGE CARCASS WT 201.58 * 201.58 AVERAGE SORT LOSS -1.65 * -1.65 AVERAGE BACKFAT 0.68 * 0.68 AVG LOIN DEPTH (LD) 2.36 * 2.36 LEA (LD Converted) 7.08 * 7.08 AVERAGE LEAN PERCENT 55.20 * 55.20 (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 .