LM_HG201 Des Moines, Iowa Mon, Jul 22, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Friday, July 19, 2019 and Saturday, July 20, 2019 Barrows and Gilts (Live and Carcass Basis): 444,234 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 6,095 69,555 109,929 81,448 482 267,509 CARCASS BASE PRICE 68.20 81.02 71.28 73.27 * 74.51 AVERAGE NET PRICE 69.53 83.88 74.02 75.12 * 76.89 LOWEST NET LOT 60.46 67.26 64.18 62.56 * 63.88 HIGHEST NET LOT 74.62 105.02 91.12 100.15 * 96.70 AVERAGE LIVE WT 271.83 275.53 278.02 278.61 * 277.37 AVERAGE CARCASS WT 198.54 208.41 209.85 211.01 * 209.59 AVERAGE SORT LOSS -2.30 -1.12 -1.24 -1.20 * -1.22 AVERAGE BACKFAT 0.67 0.62 0.65 0.64 * 0.64 AVG LOIN DEPTH (LD) 2.30 2.65 2.65 2.65 * 2.64 LEA (LD Converted) 6.92 7.96 7.96 7.96 * 7.94 AVERAGE LEAN PERCENT 54.50 56.18 55.93 55.82 * 55.97 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 18,669 CARCASS BASE PRICE 74.54 AVERAGE NET PRICE 75.66 AVERAGE OF LOWEST NET LOTS 68.97 AVERAGE OF HIGHEST NET LOTS 78.07 AVERAGE LIVE WT 268.95 AVERAGE CARCASS WT 205.74 AVERAGE SORT LOSS -0.73 AVERAGE BACKFAT 0.61 AVERAGE LOIN DEPTH (LD) 2.53 LOINEYE AREA (LD Converted) 7.60 AVERAGE LEAN PERCENT 54.91 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 158,056 AVERAGE LIVE WT 276.10 AVERAGE CARCASS WT 210.94 AVERAGE BACKFAT 0.67 AVERAGE LOIN DEPTH (LD) 2.45 AVERAGE LEAN PERCENT 53.85 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 209.91 lbs carcass; BF 0.65; LD 2.59; LEA 7.78; FFLI 53.60% CARCASS-BASED PURCHASES: Wtd Avg Base $74.51 Wtd Avg Net Price $76.81 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count July 22, 2019 428,404 July 23, 2019 396,945 July 24, 2019 394,318 July 25, 2019 386,583 July 26, 2019 351,374 July 27, 2019 8,907 July 28, 2019 17,516 July 29, 2019 146,983 July 30, 2019 152,610 July 31, 2019 151,220 August 01, 2019 151,617 August 02, 2019 140,543 August 03, 2019 16,165 August 04, 2019 8,240 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 6,095 482 6,577 CARCASS BASE PRICE 68.20 * 68.20 AVERAGE NET PRICE 69.53 * 69.53 LOWEST NET LOT 60.46 * 60.46 HIGHEST NET LOT 74.62 * 74.62 AVERAGE LIVE WT 271.83 * 271.08 AVERAGE CARCASS WT 198.54 * 198.88 AVERAGE SORT LOSS -2.30 * -2.29 AVERAGE BACKFAT 0.67 * 0.67 AVG LOIN DEPTH (LD) 2.30 * 2.37 LEA (LD Converted) 6.92 * 7.13 AVERAGE LEAN PERCENT 54.50 * 54.82 (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 .