LM_HG201 Des Moines, Iowa Thu, May 09, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Wednesday, May 8, 2019 Barrows and Gilts (Live and Carcass Basis): 432,969 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 8,467 55,157 117,365 79,740 1,298 262,027 CARCASS BASE PRICE 79.07 80.47 80.08 79.59 * 79.99 AVERAGE NET PRICE 81.85 82.69 82.78 80.89 * 82.14 LOWEST NET LOT 71.07 65.52 72.53 71.05 * 69.77 HIGHEST NET LOT 85.43 94.29 100.96 97.97 * 94.50 AVERAGE LIVE WT 280.46 286.30 284.38 284.75 * 284.80 AVERAGE CARCASS WT 203.69 215.96 214.56 214.62 * 214.57 AVERAGE SORT LOSS -1.61 -1.80 -1.70 -1.56 * -1.68 AVERAGE BACKFAT 0.69 0.63 0.62 0.68 * 0.64 AVG LOIN DEPTH (LD) 2.45 2.66 2.70 2.72 * 2.69 LEA (LD Converted) 7.35 8.01 8.13 8.18 * 8.09 AVERAGE LEAN PERCENT 55.19 56.26 56.28 55.96 * 56.19 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 20,771 CARCASS BASE PRICE 82.82 AVERAGE NET PRICE 84.20 AVERAGE OF LOWEST NET LOTS 78.17 AVERAGE OF HIGHEST NET LOTS 86.49 AVERAGE LIVE WT 279.42 AVERAGE CARCASS WT 209.59 AVERAGE SORT LOSS -1.04 AVERAGE BACKFAT 0.68 AVERAGE LOIN DEPTH (LD) 2.57 LOINEYE AREA (LD Converted) 7.73 AVERAGE LEAN PERCENT 55.03 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 150,171 AVERAGE LIVE WT 287.84 AVERAGE CARCASS WT 217.74 AVERAGE BACKFAT 0.65 AVERAGE LOIN DEPTH (LD) 2.54 AVERAGE LEAN PERCENT 54.44 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 215.43 lbs carcass; BF 0.64; LD 2.64; LEA 7.94; FFLI 53.70% CARCASS-BASED PURCHASES: Wtd Avg Base $80.16 Wtd Avg Net Price $82.27 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count May 09, 2019 433,578 May 10, 2019 359,356 May 11, 2019 7,220 May 12, 2019 28,388 May 13, 2019 276,091 May 14, 2019 278,447 May 15, 2019 284,128 May 16, 2019 277,837 May 17, 2019 251,525 May 18, 2019 25,179 May 19, 2019 17,713 May 20, 2019 140,385 May 21, 2019 149,698 May 22, 2019 144,608 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 8,467 1,298 9,765 CARCASS BASE PRICE 79.07 * 79.07 AVERAGE NET PRICE 81.85 * 81.85 LOWEST NET LOT 71.07 * 71.07 HIGHEST NET LOT 85.43 * 85.43 AVERAGE LIVE WT 280.46 * 281.14 AVERAGE CARCASS WT 203.69 * 204.04 AVERAGE SORT LOSS -1.61 * -1.54 AVERAGE BACKFAT 0.69 * 0.69 AVG LOIN DEPTH (LD) 2.45 * 2.47 LEA (LD Converted) 7.35 * 7.40 AVERAGE LEAN PERCENT 55.19 * 55.22 (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 .