LM_HG201 Des Moines, Iowa Mon, May 06, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Friday, May 3, 2019 and Saturday, May 4, 2019 Barrows and Gilts (Live and Carcass Basis): 465,709 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 6,109 68,219 131,107 72,088 2,048 279,571 CARCASS BASE PRICE 78.92 81.63 80.24 79.62 80.24 80.41 AVERAGE NET PRICE 81.90 83.40 82.73 80.86 83.03 82.39 LOWEST NET LOT 74.03 61.41 69.66 70.98 80.84 73.31 HIGHEST NET LOT 88.66 96.52 98.40 106.95 85.67 94.81 AVERAGE LIVE WT 271.36 288.26 285.39 284.44 281.11 285.51 AVERAGE CARCASS WT 198.99 217.51 215.17 214.81 214.67 215.36 AVERAGE SORT LOSS -2.07 -1.77 -1.79 -1.42 -2.44 -1.71 AVERAGE BACKFAT 0.61 0.64 0.63 0.65 0.71 0.64 AVG LOIN DEPTH (LD) 2.38 2.68 2.71 2.69 2.61 2.69 LEA (LD Converted) 7.13 8.06 8.14 8.08 7.84 8.09 AVERAGE LEAN PERCENT 54.98 56.13 56.19 56.06 55.45 56.12 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 20,276 CARCASS BASE PRICE 83.71 AVERAGE NET PRICE 84.71 AVERAGE OF LOWEST NET LOTS 78.25 AVERAGE OF HIGHEST NET LOTS 89.63 AVERAGE LIVE WT 280.77 AVERAGE CARCASS WT 210.66 AVERAGE SORT LOSS -1.48 AVERAGE BACKFAT 0.69 AVERAGE LOIN DEPTH (LD) 2.50 LOINEYE AREA (LD Converted) 7.50 AVERAGE LEAN PERCENT 54.79 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 165,862 AVERAGE LIVE WT 289.31 AVERAGE CARCASS WT 218.89 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.50 AVERAGE LEAN PERCENT 54.24 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 216.42 lbs carcass; BF 0.64; LD 2.63; LEA 7.90; FFLI 53.60% CARCASS-BASED PURCHASES: Wtd Avg Base $80.63 Wtd Avg Net Price $82.55 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count May 06, 2019 451,585 May 07, 2019 409,786 May 08, 2019 402,860 May 09, 2019 398,806 May 10, 2019 347,981 May 11, 2019 6,635 May 12, 2019 19,231 May 13, 2019 155,765 May 14, 2019 159,264 May 15, 2019 161,014 May 16, 2019 159,128 May 17, 2019 143,985 May 18, 2019 0 May 19, 2019 11,108 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 6,109 2,048 8,157 CARCASS BASE PRICE 78.92 80.24 79.20 AVERAGE NET PRICE 81.90 83.03 82.12 LOWEST NET LOT 74.03 80.84 79.63 HIGHEST NET LOT 88.66 85.67 85.86 AVERAGE LIVE WT 271.36 281.11 273.86 AVERAGE CARCASS WT 198.99 214.67 201.98 AVERAGE SORT LOSS -2.07 -2.44 -2.16 AVERAGE BACKFAT 0.61 0.71 0.64 AVG LOIN DEPTH (LD) 2.38 2.61 2.44 LEA (LD Converted) 7.13 7.84 7.32 AVERAGE LEAN PERCENT 54.98 55.45 55.10 (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 .