LM_HG201 Des Moines, Iowa Tue, May 07, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Monday, May 6, 2019 Barrows and Gilts (Live and Carcass Basis): 417,001 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 5,260 50,276 108,753 83,426 1,287 249,002 CARCASS BASE PRICE 80.54 81.31 80.20 79.93 * 80.35 AVERAGE NET PRICE 82.12 83.44 82.57 81.49 * 82.37 LOWEST NET LOT 70.16 61.26 66.73 66.40 * 72.72 HIGHEST NET LOT 85.51 96.25 88.45 99.66 * 92.60 AVERAGE LIVE WT 274.89 281.76 284.14 282.03 * 282.80 AVERAGE CARCASS WT 206.73 212.48 214.36 212.88 * 213.35 AVERAGE SORT LOSS -2.05 -1.56 -1.62 -1.37 * -1.55 AVERAGE BACKFAT 0.69 0.63 0.64 0.65 * 0.64 AVG LOIN DEPTH (LD) 2.39 2.64 2.69 2.69 * 2.67 LEA (LD Converted) 7.18 7.94 8.10 8.09 * 8.04 AVERAGE LEAN PERCENT 54.93 56.16 56.16 56.16 * 56.13 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 18,767 CARCASS BASE PRICE 83.90 AVERAGE NET PRICE 84.26 AVERAGE OF LOWEST NET LOTS 80.82 AVERAGE OF HIGHEST NET LOTS 85.87 AVERAGE LIVE WT 279.38 AVERAGE CARCASS WT 212.37 AVERAGE SORT LOSS -1.45 AVERAGE BACKFAT 0.69 AVERAGE LOIN DEPTH (LD) 2.52 LOINEYE AREA (LD Converted) 7.57 AVERAGE LEAN PERCENT 54.73 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 149,232 AVERAGE LIVE WT 282.87 AVERAGE CARCASS WT 214.99 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.52 AVERAGE LEAN PERCENT 54.39 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 213.90 lbs carcass; BF 0.65; LD 2.62; LEA 7.88; FFLI 53.70% CARCASS-BASED PURCHASES: Wtd Avg Base $80.61 Wtd Avg Net Price $82.50 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count May 07, 2019 436,568 May 08, 2019 405,837 May 09, 2019 401,660 May 10, 2019 351,857 May 11, 2019 7,170 May 12, 2019 29,223 May 13, 2019 183,722 May 14, 2019 187,919 May 15, 2019 188,202 May 16, 2019 177,652 May 17, 2019 158,132 May 18, 2019 340 May 19, 2019 14,686 May 20, 2019 122,832 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 5,260 1,287 6,547 CARCASS BASE PRICE 80.54 * 80.63 AVERAGE NET PRICE 82.12 * 82.13 LOWEST NET LOT 70.16 * 78.12 HIGHEST NET LOT 85.51 * 84.79 AVERAGE LIVE WT 274.89 * 278.32 AVERAGE CARCASS WT 206.73 * 209.49 AVERAGE SORT LOSS -2.05 * -2.41 AVERAGE BACKFAT 0.69 * 0.70 AVG LOIN DEPTH (LD) 2.39 * 2.47 LEA (LD Converted) 7.18 * 7.41 AVERAGE LEAN PERCENT 54.93 * 54.89 (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 .