LM_HG201 Des Moines, Iowa Fri, May 03, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Thursday, May 2, 2019 Barrows and Gilts (Live and Carcass Basis): 423,455 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 8,015 52,112 116,727 76,252 1,412 254,518 CARCASS BASE PRICE 80.90 81.12 80.15 79.15 80.30 80.08 AVERAGE NET PRICE 82.89 83.28 82.95 80.65 82.56 82.32 LOWEST NET LOT 62.96 62.06 69.52 69.60 80.28 71.21 HIGHEST NET LOT 91.29 95.35 95.66 96.04 85.58 93.04 AVERAGE LIVE WT 277.16 283.20 285.39 284.94 301.33 284.62 AVERAGE CARCASS WT 195.45 213.61 214.94 214.53 226.03 214.12 AVERAGE SORT LOSS -2.18 -1.67 -1.64 -1.27 -3.92 -1.57 AVERAGE BACKFAT 0.63 0.63 0.63 0.67 0.70 0.64 AVG LOIN DEPTH (LD) 2.22 2.65 2.71 2.68 2.77 2.68 LEA (LD Converted) 6.67 7.96 8.14 8.06 8.33 8.05 AVERAGE LEAN PERCENT 54.24 56.22 56.20 55.89 55.72 56.10 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 18,587 CARCASS BASE PRICE 84.38 AVERAGE NET PRICE 84.88 AVERAGE OF LOWEST NET LOTS 79.08 AVERAGE OF HIGHEST NET LOTS 86.26 AVERAGE LIVE WT 285.81 AVERAGE CARCASS WT 214.79 AVERAGE SORT LOSS -1.23 AVERAGE BACKFAT 0.68 AVERAGE LOIN DEPTH (LD) 2.57 LOINEYE AREA (LD Converted) 7.71 AVERAGE LEAN PERCENT 54.79 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 150,350 AVERAGE LIVE WT 288.89 AVERAGE CARCASS WT 218.83 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.51 AVERAGE LEAN PERCENT 54.17 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 215.85 lbs carcass; BF 0.65; LD 2.62; LEA 7.89; FFLI 53.60% CARCASS-BASED PURCHASES: Wtd Avg Base $80.38 Wtd Avg Net Price $82.50 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count May 03, 2019 392,494 May 04, 2019 39,476 May 05, 2019 37,071 May 06, 2019 379,135 May 07, 2019 367,452 May 08, 2019 363,768 May 09, 2019 356,284 May 10, 2019 313,345 May 11, 2019 6,140 May 12, 2019 17,171 May 13, 2019 149,435 May 14, 2019 154,499 May 15, 2019 155,224 May 16, 2019 152,678 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 8,015 1,412 9,427 CARCASS BASE PRICE 80.90 80.30 80.82 AVERAGE NET PRICE 82.89 82.56 82.85 LOWEST NET LOT 62.96 80.28 73.83 HIGHEST NET LOT 91.29 85.58 87.05 AVERAGE LIVE WT 277.16 301.33 281.07 AVERAGE CARCASS WT 195.45 226.03 199.28 AVERAGE SORT LOSS -2.18 -3.92 -2.49 AVERAGE BACKFAT 0.63 0.70 0.64 AVG LOIN DEPTH (LD) 2.22 2.77 2.32 LEA (LD Converted) 6.67 8.33 6.97 AVERAGE LEAN PERCENT 54.24 55.72 54.51 (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 .