LM_HG201 Des Moines, Iowa Thu, Nov 21, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Wednesday, November 20, 2019 Barrows and Gilts (Live and Carcass Basis): 451,127 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 6,371 45,564 114,878 110,349 813 277,975 CARCASS BASE PRICE 42.52 65.09 59.16 67.26 49.35 62.98 AVERAGE NET PRICE 43.49 67.74 60.95 68.18 50.63 64.63 LOWEST NET LOT 33.96 49.56 37.05 42.64 45.79 40.78 HIGHEST NET LOT 51.76 89.70 85.71 87.00 55.58 76.89 AVERAGE LIVE WT 272.85 286.33 285.35 285.23 285.59 285.17 AVERAGE CARCASS WT 201.61 214.62 213.64 213.26 214.28 213.39 AVERAGE SORT LOSS -1.57 -1.80 -1.59 -1.66 -1.02 -1.65 AVERAGE BACKFAT 0.64 0.63 0.65 0.66 0.74 0.65 AVG LOIN DEPTH (LD) 2.17 2.69 2.64 2.61 2.50 2.63 LEA (LD Converted) 6.50 8.09 7.94 7.84 7.50 7.92 AVERAGE LEAN PERCENT 53.95 56.06 55.87 55.82 54.26 55.86 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 16,641 CARCASS BASE PRICE 49.22 AVERAGE NET PRICE 49.72 AVERAGE OF LOWEST NET LOTS 43.58 AVERAGE OF HIGHEST NET LOTS 60.62 AVERAGE LIVE WT 284.03 AVERAGE CARCASS WT 213.14 AVERAGE SORT LOSS -1.59 AVERAGE BACKFAT 0.63 AVERAGE LOIN DEPTH (LD) 2.53 LOINEYE AREA (LD Converted) 7.61 AVERAGE LEAN PERCENT 54.66 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 156,511 AVERAGE LIVE WT 285.67 AVERAGE CARCASS WT 215.95 AVERAGE BACKFAT 0.68 AVERAGE LOIN DEPTH (LD) 2.53 AVERAGE LEAN PERCENT 54.19 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 214.28 lbs carcass; BF 0.66; LD 2.60; LEA 7.82; FFLI 53.40% CARCASS-BASED PURCHASES: Wtd Avg Base $62.30 Wtd Avg Net Price $63.92 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count November 21, 2019 453,840 November 22, 2019 412,270 November 23, 2019 234,804 November 24, 2019 31,926 November 25, 2019 250,516 November 26, 2019 251,894 November 27, 2019 238,059 November 28, 2019 11,508 November 29, 2019 259,615 November 30, 2019 196,130 December 01, 2019 20,835 December 02, 2019 158,290 December 03, 2019 163,009 December 04, 2019 161,231 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 6,371 813 7,184 CARCASS BASE PRICE 42.52 49.35 43.14 AVERAGE NET PRICE 43.49 50.63 44.05 LOWEST NET LOT 33.96 45.79 36.20 HIGHEST NET LOT 51.76 55.58 54.52 AVERAGE LIVE WT 272.85 285.59 274.36 AVERAGE CARCASS WT 201.61 214.28 202.60 AVERAGE SORT LOSS -1.57 -1.02 -1.51 AVERAGE BACKFAT 0.64 0.74 0.66 AVG LOIN DEPTH (LD) 2.17 2.50 2.23 LEA (LD Converted) 6.50 7.50 6.69 AVERAGE LEAN PERCENT 53.95 54.26 54.01 (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 .