LM_HG201 Des Moines, Iowa Thu, Apr 18, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Wednesday, April 17, 2019 Barrows and Gilts (Live and Carcass Basis): 443,302 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 7,908 50,607 116,105 95,636 567 270,823 CARCASS BASE PRICE 75.64 80.22 78.32 78.04 * 78.52 AVERAGE NET PRICE 78.83 82.86 80.97 79.17 * 80.61 LOWEST NET LOT 66.68 52.73 68.11 55.17 * 56.15 HIGHEST NET LOT 84.27 100.96 96.05 99.12 * 94.76 AVERAGE LIVE WT 275.07 287.56 284.89 283.43 * 284.63 AVERAGE CARCASS WT 200.51 217.12 214.84 212.52 * 214.04 AVERAGE SORT LOSS -2.13 -2.03 -1.74 -1.42 * -1.70 AVERAGE BACKFAT 0.63 0.61 0.62 0.68 * 0.64 AVG LOIN DEPTH (LD) 2.54 2.74 2.69 2.55 * 2.66 LEA (LD Converted) 7.64 8.24 8.10 7.66 * 8.01 AVERAGE LEAN PERCENT 55.23 56.36 56.24 55.69 * 56.10 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 20,298 CARCASS BASE PRICE 80.32 AVERAGE NET PRICE 80.35 AVERAGE OF LOWEST NET LOTS 75.68 AVERAGE OF HIGHEST NET LOTS 83.54 AVERAGE LIVE WT 283.10 AVERAGE CARCASS WT 215.38 AVERAGE SORT LOSS -1.89 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.58 LOINEYE AREA (LD Converted) 7.75 AVERAGE LEAN PERCENT 55.11 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 152,181 AVERAGE LIVE WT 288.20 AVERAGE CARCASS WT 218.17 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.52 AVERAGE LEAN PERCENT 54.38 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 215.52 lbs carcass; BF 0.64; LD 2.62; LEA 7.86; FFLI 53.70% CARCASS-BASED PURCHASES: Wtd Avg Base $78.65 Wtd Avg Net Price $80.59 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count April 18, 2019 441,288 April 19, 2019 353,084 April 20, 2019 66,965 April 21, 2019 17,396 April 22, 2019 201,700 April 23, 2019 253,941 April 24, 2019 255,657 April 25, 2019 247,544 April 26, 2019 227,518 April 27, 2019 54,372 April 28, 2019 21,036 April 29, 2019 139,842 April 30, 2019 137,868 May 01, 2019 139,064 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 7,908 567 8,475 CARCASS BASE PRICE 75.64 * 75.64 AVERAGE NET PRICE 78.83 * 78.83 LOWEST NET LOT 66.68 * 66.68 HIGHEST NET LOT 84.27 * 84.27 AVERAGE LIVE WT 275.07 * 275.50 AVERAGE CARCASS WT 200.51 * 200.51 AVERAGE SORT LOSS -2.13 * -2.13 AVERAGE BACKFAT 0.63 * 0.63 AVG LOIN DEPTH (LD) 2.54 * 2.54 LEA (LD Converted) 7.64 * 7.64 AVERAGE LEAN PERCENT 55.23 * 55.23 (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 .