LM_HG201 Des Moines, Iowa Wed, May 08, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Tuesday, May 7, 2019 Barrows and Gilts (Live and Carcass Basis): 439,318 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 7,166 58,078 115,540 79,327 876 260,987 CARCASS BASE PRICE 79.32 80.48 79.97 79.31 * 79.86 AVERAGE NET PRICE 81.40 82.89 82.89 80.57 * 82.13 LOWEST NET LOT 74.21 61.83 71.92 69.03 * 68.76 HIGHEST NET LOT 85.98 95.98 98.78 98.16 * 97.41 AVERAGE LIVE WT 277.00 282.51 284.29 283.80 * 283.61 AVERAGE CARCASS WT 205.72 213.08 214.28 213.13 * 213.50 AVERAGE SORT LOSS -1.79 -1.51 -1.67 -1.47 * -1.59 AVERAGE BACKFAT 0.68 0.63 0.63 0.67 * 0.64 AVG LOIN DEPTH (LD) 2.45 2.63 2.72 2.69 * 2.69 LEA (LD Converted) 7.35 7.90 8.17 8.09 * 8.07 AVERAGE LEAN PERCENT 55.22 56.11 56.29 56.00 * 56.17 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 20,567 CARCASS BASE PRICE 83.93 AVERAGE NET PRICE 84.59 AVERAGE OF LOWEST NET LOTS 79.20 AVERAGE OF HIGHEST NET LOTS 88.15 AVERAGE LIVE WT 279.19 AVERAGE CARCASS WT 212.64 AVERAGE SORT LOSS -1.48 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.54 LOINEYE AREA (LD Converted) 7.63 AVERAGE LEAN PERCENT 55.11 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 157,764 AVERAGE LIVE WT 286.04 AVERAGE CARCASS WT 217.21 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.53 AVERAGE LEAN PERCENT 54.40 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 214.83 lbs carcass; BF 0.64; LD 2.63; LEA 7.91; FFLI 53.70% CARCASS-BASED PURCHASES: Wtd Avg Base $80.17 Wtd Avg Net Price $82.32 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count May 08, 2019 435,367 May 09, 2019 389,951 May 10, 2019 336,231 May 11, 2019 10,440 May 12, 2019 23,593 May 13, 2019 191,195 May 14, 2019 194,163 May 15, 2019 192,383 May 16, 2019 188,287 May 17, 2019 165,710 May 18, 2019 10,605 May 19, 2019 12,621 May 20, 2019 131,971 May 21, 2019 135,639 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 7,166 876 8,042 CARCASS BASE PRICE 79.32 * 79.32 AVERAGE NET PRICE 81.40 * 81.40 LOWEST NET LOT 74.21 * 74.21 HIGHEST NET LOT 85.98 * 85.98 AVERAGE LIVE WT 277.00 * 280.14 AVERAGE CARCASS WT 205.72 * 208.46 AVERAGE SORT LOSS -1.79 * -2.17 AVERAGE BACKFAT 0.68 * 0.66 AVG LOIN DEPTH (LD) 2.45 * 2.53 LEA (LD Converted) 7.35 * 7.60 AVERAGE LEAN PERCENT 55.22 * 55.61 (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 .