LM_HG201 Des Moines, Iowa Mon, Apr 29, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Friday, April 26, 2019 and Saturday, April 27, 2019 Barrows and Gilts (Live and Carcass Basis): 557,941 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 9,904 53,231 155,942 110,452 860 330,389 CARCASS BASE PRICE 79.11 82.55 81.03 78.78 * 80.47 AVERAGE NET PRICE 80.64 84.60 83.42 79.78 * 82.29 LOWEST NET LOT 75.02 61.31 70.98 64.81 * 69.76 HIGHEST NET LOT 93.02 99.62 97.96 108.72 * 100.59 AVERAGE LIVE WT 273.32 287.14 286.55 285.97 * 286.13 AVERAGE CARCASS WT 205.27 217.18 215.07 214.24 * 214.83 AVERAGE SORT LOSS -2.59 -1.84 -1.65 -1.55 * -1.68 AVERAGE BACKFAT 0.74 0.61 0.65 0.71 * 0.66 AVG LOIN DEPTH (LD) 2.34 2.73 2.69 2.60 * 2.67 LEA (LD Converted) 7.03 8.22 8.07 7.80 * 8.01 AVERAGE LEAN PERCENT 54.45 56.42 56.11 55.63 * 56.03 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 23,192 CARCASS BASE PRICE 84.01 AVERAGE NET PRICE 84.24 AVERAGE OF LOWEST NET LOTS 75.29 AVERAGE OF HIGHEST NET LOTS 89.97 AVERAGE LIVE WT 281.52 AVERAGE CARCASS WT 213.66 AVERAGE SORT LOSS -1.57 AVERAGE BACKFAT 0.73 AVERAGE LOIN DEPTH (LD) 2.51 LOINEYE AREA (LD Converted) 7.53 AVERAGE LEAN PERCENT 54.40 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 204,360 AVERAGE LIVE WT 290.85 AVERAGE CARCASS WT 220.42 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.49 AVERAGE LEAN PERCENT 54.04 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 216.86 lbs carcass; BF 0.67; LD 2.60; LEA 7.82; FFLI 53.40% CARCASS-BASED PURCHASES: Wtd Avg Base $80.70 Wtd Avg Net Price $82.42 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count April 29, 2019 437,933 April 30, 2019 414,654 May 01, 2019 391,577 May 02, 2019 390,676 May 03, 2019 353,164 May 04, 2019 35,966 May 05, 2019 16,318 May 06, 2019 148,193 May 07, 2019 148,700 May 08, 2019 150,429 May 09, 2019 145,673 May 10, 2019 131,870 May 11, 2019 510 May 12, 2019 9,410 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 9,904 860 10,764 CARCASS BASE PRICE 79.11 * 79.11 AVERAGE NET PRICE 80.64 * 80.64 LOWEST NET LOT 75.02 * 75.02 HIGHEST NET LOT 93.02 * 93.02 AVERAGE LIVE WT 273.32 * 273.61 AVERAGE CARCASS WT 205.27 * 205.00 AVERAGE SORT LOSS -2.59 * -2.52 AVERAGE BACKFAT 0.74 * 0.73 AVG LOIN DEPTH (LD) 2.34 * 2.36 LEA (LD Converted) 7.03 * 7.09 AVERAGE LEAN PERCENT 54.45 * 54.76 (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 .