LM_HG201 Des Moines, Iowa Fri, May 10, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Thursday, May 9, 2019 Barrows and Gilts (Live and Carcass Basis): 433,326 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 7,953 52,779 118,284 81,534 1,574 262,124 CARCASS BASE PRICE 79.24 79.85 80.34 80.06 * 80.12 AVERAGE NET PRICE 81.35 82.04 82.98 81.26 * 82.20 LOWEST NET LOT 63.86 65.17 70.18 70.83 * 67.17 HIGHEST NET LOT 87.03 94.68 95.93 99.78 * 93.92 AVERAGE LIVE WT 270.67 285.50 285.42 283.74 * 284.46 AVERAGE CARCASS WT 199.21 215.48 215.34 214.22 * 214.54 AVERAGE SORT LOSS -2.33 -1.81 -1.70 -1.48 * -1.68 AVERAGE BACKFAT 0.70 0.64 0.63 0.67 * 0.64 AVG LOIN DEPTH (LD) 2.28 2.67 2.71 2.69 * 2.69 LEA (LD Converted) 6.83 8.02 8.14 8.10 * 8.07 AVERAGE LEAN PERCENT 54.55 56.29 56.21 55.98 * 56.15 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 19,224 CARCASS BASE PRICE 83.83 AVERAGE NET PRICE 84.17 AVERAGE OF LOWEST NET LOTS 78.56 AVERAGE OF HIGHEST NET LOTS 85.45 AVERAGE LIVE WT 285.54 AVERAGE CARCASS WT 215.37 AVERAGE SORT LOSS -1.43 AVERAGE BACKFAT 0.71 AVERAGE LOIN DEPTH (LD) 2.58 LOINEYE AREA (LD Converted) 7.75 AVERAGE LEAN PERCENT 54.67 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 151,978 AVERAGE LIVE WT 289.62 AVERAGE CARCASS WT 219.51 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.54 AVERAGE LEAN PERCENT 54.33 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 216.34 lbs carcass; BF 0.65; LD 2.64; LEA 7.93; FFLI 53.60% CARCASS-BASED PURCHASES: Wtd Avg Base $80.39 Wtd Avg Net Price $82.34 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count May 10, 2019 375,348 May 11, 2019 9,857 May 12, 2019 33,348 May 13, 2019 356,399 May 14, 2019 360,709 May 15, 2019 361,272 May 16, 2019 352,587 May 17, 2019 323,778 May 18, 2019 55,855 May 19, 2019 17,203 May 20, 2019 147,160 May 21, 2019 157,707 May 22, 2019 156,172 May 23, 2019 151,385 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 7,953 1,574 9,527 CARCASS BASE PRICE 79.24 * 79.24 AVERAGE NET PRICE 81.35 * 81.35 LOWEST NET LOT 63.86 * 63.86 HIGHEST NET LOT 87.03 * 87.03 AVERAGE LIVE WT 270.67 * 271.59 AVERAGE CARCASS WT 199.21 * 198.86 AVERAGE SORT LOSS -2.33 * -2.21 AVERAGE BACKFAT 0.70 * 0.68 AVG LOIN DEPTH (LD) 2.28 * 2.34 LEA (LD Converted) 6.83 * 7.02 AVERAGE LEAN PERCENT 54.55 * 54.85 (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 .