LM_HG201 ***CORRECTIONS TO WHOLE REPORT*** Des Moines, Iowa Thu, Apr 25, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Wednesday, April 24, 2019 Barrows and Gilts (Live and Carcass Basis): 446,878 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 6,615 49,721 120,649 95,716 876 273,577 CARCASS BASE PRICE 78.69 82.11 81.14 79.98 * 80.85 AVERAGE NET PRICE 80.71 84.77 83.90 81.14 * 82.99 LOWEST NET LOT 74.39 54.34 69.79 69.66 * 66.01 HIGHEST NET LOT 87.25 100.07 98.30 98.54 * 95.70 AVERAGE LIVE WT 278.97 285.81 285.05 283.56 * 284.51 AVERAGE CARCASS WT 201.75 215.73 214.18 213.35 * 213.89 AVERAGE SORT LOSS -2.97 -1.80 -1.74 -1.37 * -1.65 AVERAGE BACKFAT 0.67 0.61 0.63 0.68 * 0.64 AVG LOIN DEPTH (LD) 2.33 2.75 2.68 2.59 * 2.67 LEA (LD Converted) 7.00 8.26 8.07 7.77 * 8.01 AVERAGE LEAN PERCENT 54.33 56.44 56.23 55.69 * 56.10 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 20,620 CARCASS BASE PRICE 83.37 AVERAGE NET PRICE 83.73 AVERAGE OF LOWEST NET LOTS 77.71 AVERAGE OF HIGHEST NET LOTS 88.07 AVERAGE LIVE WT 282.35 AVERAGE CARCASS WT 214.05 AVERAGE SORT LOSS -1.63 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.45 LOINEYE AREA (LD Converted) 7.38 AVERAGE LEAN PERCENT 54.62 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 152,681 AVERAGE LIVE WT 288.35 AVERAGE CARCASS WT 218.52 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.51 AVERAGE LEAN PERCENT 54.29 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 215.50 lbs carcass; BF 0.64; LD 2.61; LEA 7.85; FFLI 53.70% CARCASS-BASED PURCHASES: Wtd Avg Base $81.04 Wtd Avg Net Price $83.05 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count April 25, 2019 437,720 April 26, 2019 380,594 April 27, 2019 98,100 April 28, 2019 29,230 April 29, 2019 242,363 April 30, 2019 243,492 May 01, 2019 238,906 May 02, 2019 238,447 May 03, 2019 208,612 May 04, 2019 2,661 May 05, 2019 14,600 May 06, 2019 125,921 May 07, 2019 125,862 May 08, 2019 131,222 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 6,615 876 7,491 CARCASS BASE PRICE 78.69 * 78.69 AVERAGE NET PRICE 80.71 * 80.71 LOWEST NET LOT 74.39 * 74.39 HIGHEST NET LOT 87.25 * 87.25 AVERAGE LIVE WT 278.97 * 279.04 AVERAGE CARCASS WT 201.75 * 201.74 AVERAGE SORT LOSS -2.97 * -2.87 AVERAGE BACKFAT 0.67 * 0.68 AVG LOIN DEPTH (LD) 2.33 * 2.34 LEA (LD Converted) 7.00 * 7.02 AVERAGE LEAN PERCENT 54.33 * 54.32 (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 .