LM_HG201 Des Moines, Iowa Tue, Dec 11, 2018 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Monday, December 10, 2018 Barrows and Gilts (Live and Carcass Basis): 438,366 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 7,772 35,361 125,420 112,918 1,840 283,311 CARCASS BASE PRICE 48.12 52.70 53.54 61.55 * 56.52 AVERAGE NET PRICE 49.94 55.41 55.89 63.14 * 58.63 LOWEST NET LOT 41.66 47.88 40.05 40.81 * 41.55 HIGHEST NET LOT 57.53 73.40 72.40 81.19 * 75.39 AVERAGE LIVE WT 272.42 283.85 284.12 280.32 * 282.28 AVERAGE CARCASS WT 199.17 214.70 213.43 209.83 * 211.77 AVERAGE SORT LOSS -1.84 -1.76 -1.62 -1.15 * -1.46 AVERAGE BACKFAT 0.65 0.63 0.64 0.68 * 0.65 AVG LOIN DEPTH (LD) 2.28 2.71 2.68 2.54 * 2.63 LEA (LD Converted) 6.85 8.16 8.07 7.63 * 7.91 AVERAGE LEAN PERCENT 54.23 56.03 56.00 55.71 * 55.86 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 8,539 CARCASS BASE PRICE 50.18 AVERAGE NET PRICE 51.57 AVERAGE OF LOWEST NET LOTS 46.56 AVERAGE OF HIGHEST NET LOTS 52.29 AVERAGE LIVE WT 282.59 AVERAGE CARCASS WT 210.58 AVERAGE SORT LOSS -1.83 AVERAGE BACKFAT 0.64 AVERAGE LOIN DEPTH (LD) 2.68 LOINEYE AREA (LD Converted) 8.06 AVERAGE LEAN PERCENT 55.91 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 146,516 AVERAGE LIVE WT 283.83 AVERAGE CARCASS WT 215.76 AVERAGE BACKFAT 0.67 AVERAGE LOIN DEPTH (LD) 2.52 AVERAGE LEAN PERCENT 54.13 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 213.09 lbs carcass; BF 0.66; LD 2.60; LEA 7.81; FFLI 53.40% CARCASS-BASED PURCHASES: Wtd Avg Base $56.32 Wtd Avg Net Price $58.42 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count December 11, 2018 468,309 December 12, 2018 428,657 December 13, 2018 423,079 December 14, 2018 397,790 December 15, 2018 163,930 December 16, 2018 32,935 December 17, 2018 175,614 December 18, 2018 187,479 December 19, 2018 185,125 December 20, 2018 185,846 December 21, 2018 182,399 December 22, 2018 119,790 December 23, 2018 1,958 December 24, 2018 7,913 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 7,772 1,840 9,612 CARCASS BASE PRICE 48.12 * 48.12 AVERAGE NET PRICE 49.94 * 49.94 LOWEST NET LOT 41.66 * 41.66 HIGHEST NET LOT 57.53 * 57.53 AVERAGE LIVE WT 272.42 * 274.37 AVERAGE CARCASS WT 199.17 * 199.72 AVERAGE SORT LOSS -1.84 * -1.78 AVERAGE BACKFAT 0.65 * 0.66 AVG LOIN DEPTH (LD) 2.28 * 2.30 LEA (LD Converted) 6.85 * 6.90 AVERAGE LEAN PERCENT 54.23 * 54.16 (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 .