LM_HG201 Des Moines, Iowa Wed, Apr 17, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Tuesday, April 16, 2019 Barrows and Gilts (Live and Carcass Basis): 439,908 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 6,423 42,631 118,082 97,474 820 265,430 CARCASS BASE PRICE 75.59 80.21 78.00 77.54 * 78.13 AVERAGE NET PRICE 79.06 82.77 80.48 78.89 * 80.23 LOWEST NET LOT 68.40 51.31 68.55 56.73 * 57.51 HIGHEST NET LOT 84.20 101.65 95.15 96.84 * 97.26 AVERAGE LIVE WT 268.23 285.23 284.68 281.52 * 283.30 AVERAGE CARCASS WT 198.81 216.10 214.28 211.52 * 213.20 AVERAGE SORT LOSS -1.86 -1.88 -1.82 -1.50 * -1.72 AVERAGE BACKFAT 0.58 0.61 0.63 0.67 * 0.64 AVG LOIN DEPTH (LD) 2.47 2.75 2.70 2.57 * 2.67 LEA (LD Converted) 7.43 8.27 8.13 7.72 * 8.02 AVERAGE LEAN PERCENT 55.61 56.46 56.28 55.86 * 56.18 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 18,603 CARCASS BASE PRICE 80.29 AVERAGE NET PRICE 80.15 AVERAGE OF LOWEST NET LOTS 75.26 AVERAGE OF HIGHEST NET LOTS 83.34 AVERAGE LIVE WT 283.98 AVERAGE CARCASS WT 215.51 AVERAGE SORT LOSS -1.94 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.57 LOINEYE AREA (LD Converted) 7.73 AVERAGE LEAN PERCENT 55.23 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 155,875 AVERAGE LIVE WT 286.22 AVERAGE CARCASS WT 217.45 AVERAGE BACKFAT 0.64 AVERAGE LOIN DEPTH (LD) 2.52 AVERAGE LEAN PERCENT 54.42 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 214.85 lbs carcass; BF 0.64; LD 2.62; LEA 7.87; FFLI 53.80% CARCASS-BASED PURCHASES: Wtd Avg Base $78.28 Wtd Avg Net Price $80.22 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count April 17, 2019 449,751 April 18, 2019 421,909 April 19, 2019 352,119 April 20, 2019 65,451 April 21, 2019 16,281 April 22, 2019 168,675 April 23, 2019 199,723 April 24, 2019 201,580 April 25, 2019 193,148 April 26, 2019 168,966 April 27, 2019 33,953 April 28, 2019 19,806 April 29, 2019 126,627 April 30, 2019 129,233 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 6,423 820 7,243 CARCASS BASE PRICE 75.59 * 75.59 AVERAGE NET PRICE 79.06 * 79.06 LOWEST NET LOT 68.40 * 68.40 HIGHEST NET LOT 84.20 * 84.20 AVERAGE LIVE WT 268.23 * 272.57 AVERAGE CARCASS WT 198.81 * 199.58 AVERAGE SORT LOSS -1.86 * -1.92 AVERAGE BACKFAT 0.58 * 0.59 AVG LOIN DEPTH (LD) 2.47 * 2.48 LEA (LD Converted) 7.43 * 7.44 AVERAGE LEAN PERCENT 55.61 * 55.60 (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 .