LM_HG201 Des Moines, Iowa Mon, Apr 22, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Friday, April 19, 2019 and Saturday, April 20, 2019 Barrows and Gilts (Live and Carcass Basis): 452,481 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 9,449 54,002 125,434 62,296 1,569 252,750 CARCASS BASE PRICE 75.75 82.31 79.35 77.79 * 79.48 AVERAGE NET PRICE 78.80 84.96 82.11 79.13 * 81.86 LOWEST NET LOT 71.33 53.65 66.68 69.92 * 62.33 HIGHEST NET LOT 82.62 100.61 94.22 91.93 * 93.08 AVERAGE LIVE WT 287.05 289.48 285.20 283.68 * 285.71 AVERAGE CARCASS WT 214.09 220.20 214.98 213.70 * 215.73 AVERAGE SORT LOSS -1.95 -2.14 -1.80 -1.46 * -1.80 AVERAGE BACKFAT 0.62 0.60 0.62 0.65 * 0.62 AVG LOIN DEPTH (LD) 2.77 2.78 2.71 2.55 * 2.69 LEA (LD Converted) 8.32 8.37 8.15 7.65 * 8.10 AVERAGE LEAN PERCENT 56.08 56.45 56.18 55.63 * 56.12 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 26,064 CARCASS BASE PRICE 82.76 AVERAGE NET PRICE 82.36 AVERAGE OF LOWEST NET LOTS 76.10 AVERAGE OF HIGHEST NET LOTS 87.32 AVERAGE LIVE WT 287.67 AVERAGE CARCASS WT 219.63 AVERAGE SORT LOSS -1.79 AVERAGE BACKFAT 0.63 AVERAGE LOIN DEPTH (LD) 2.50 LOINEYE AREA (LD Converted) 7.52 AVERAGE LEAN PERCENT 54.68 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 173,667 AVERAGE LIVE WT 291.33 AVERAGE CARCASS WT 220.45 AVERAGE BACKFAT 0.63 AVERAGE LOIN DEPTH (LD) 2.46 AVERAGE LEAN PERCENT 54.13 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 217.84 lbs carcass; BF 0.62; LD 2.61; LEA 7.85; FFLI 53.60% CARCASS-BASED PURCHASES: Wtd Avg Base $79.80 Wtd Avg Net Price $81.91 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count April 22, 2019 317,697 April 23, 2019 376,298 April 24, 2019 369,350 April 25, 2019 356,985 April 26, 2019 337,759 April 27, 2019 67,875 April 28, 2019 18,276 April 29, 2019 125,084 April 30, 2019 125,473 May 01, 2019 126,424 May 02, 2019 125,858 May 03, 2019 118,759 May 04, 2019 2,415 May 05, 2019 9,630 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 9,449 1,569 11,018 CARCASS BASE PRICE 75.75 * 75.75 AVERAGE NET PRICE 78.80 * 78.80 LOWEST NET LOT 71.33 * 71.33 HIGHEST NET LOT 82.62 * 82.62 AVERAGE LIVE WT 287.05 * 284.71 AVERAGE CARCASS WT 214.09 * 213.33 AVERAGE SORT LOSS -1.95 * -1.86 AVERAGE BACKFAT 0.62 * 0.63 AVG LOIN DEPTH (LD) 2.77 * 2.74 LEA (LD Converted) 8.32 * 8.24 AVERAGE LEAN PERCENT 56.08 * 56.07 (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 .