LM_HG201 Des Moines, Iowa Thu, May 02, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Wednesday, May 1, 2019 Barrows and Gilts (Live and Carcass Basis): 443,402 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 8,022 57,767 119,015 86,663 1,421 272,888 CARCASS BASE PRICE 80.52 80.85 80.33 79.11 * 80.08 AVERAGE NET PRICE 83.22 82.86 83.09 80.45 * 82.23 LOWEST NET LOT 73.49 64.34 74.05 69.49 * 70.50 HIGHEST NET LOT 88.59 96.08 100.71 98.16 * 95.80 AVERAGE LIVE WT 279.35 284.30 284.96 284.28 * 284.47 AVERAGE CARCASS WT 205.72 213.82 215.12 214.25 * 214.35 AVERAGE SORT LOSS -1.69 -1.55 -1.62 -1.41 * -1.56 AVERAGE BACKFAT 0.64 0.65 0.63 0.67 * 0.64 AVG LOIN DEPTH (LD) 2.43 2.63 2.70 2.68 * 2.67 LEA (LD Converted) 7.30 7.92 8.13 8.07 * 8.04 AVERAGE LEAN PERCENT 54.89 55.92 56.19 55.95 * 56.03 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 19,893 CARCASS BASE PRICE 84.36 AVERAGE NET PRICE 84.97 AVERAGE OF LOWEST NET LOTS 81.27 AVERAGE OF HIGHEST NET LOTS 88.25 AVERAGE LIVE WT 282.91 AVERAGE CARCASS WT 213.33 AVERAGE SORT LOSS -1.48 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.56 LOINEYE AREA (LD Converted) 7.70 AVERAGE LEAN PERCENT 55.06 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 150,621 AVERAGE LIVE WT 288.88 AVERAGE CARCASS WT 218.82 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.53 AVERAGE LEAN PERCENT 54.42 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 215.86 lbs carcass; BF 0.65; LD 2.63; LEA 7.90; FFLI 53.60% CARCASS-BASED PURCHASES: Wtd Avg Base $80.40 Wtd Avg Net Price $82.43 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count May 02, 2019 438,057 May 03, 2019 375,678 May 04, 2019 36,253 May 05, 2019 31,171 May 06, 2019 247,269 May 07, 2019 240,158 May 08, 2019 243,725 May 09, 2019 239,558 May 10, 2019 206,757 May 11, 2019 18,350 May 12, 2019 13,336 May 13, 2019 131,692 May 14, 2019 141,429 May 15, 2019 144,742 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 8,022 1,421 9,443 CARCASS BASE PRICE 80.52 * 80.52 AVERAGE NET PRICE 83.22 * 83.22 LOWEST NET LOT 73.49 * 73.49 HIGHEST NET LOT 88.59 * 88.59 AVERAGE LIVE WT 279.35 * 280.83 AVERAGE CARCASS WT 205.72 * 207.79 AVERAGE SORT LOSS -1.69 * -1.99 AVERAGE BACKFAT 0.64 * 0.64 AVG LOIN DEPTH (LD) 2.43 * 2.47 LEA (LD Converted) 7.30 * 7.42 AVERAGE LEAN PERCENT 54.89 * 55.03 (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 .