LM_HG201 Des Moines, Iowa Wed, Mar 20, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Tuesday, March 19, 2019 Barrows and Gilts (Live and Carcass Basis): 441,208 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 7,489 48,762 127,197 86,884 1,469 271,801 CARCASS BASE PRICE 53.11 66.68 57.95 65.00 * 61.75 AVERAGE NET PRICE 54.82 69.56 60.26 66.11 * 63.76 LOWEST NET LOT 42.00 54.06 46.60 49.82 * 48.61 HIGHEST NET LOT 62.95 80.04 74.34 81.06 * 77.43 AVERAGE LIVE WT 274.19 287.27 283.59 282.65 * 283.77 AVERAGE CARCASS WT 199.09 217.90 213.20 211.70 * 213.26 AVERAGE SORT LOSS -2.15 -1.93 -1.68 -1.37 * -1.65 AVERAGE BACKFAT 0.67 0.59 0.63 0.67 * 0.63 AVG LOIN DEPTH (LD) 2.35 2.75 2.66 2.54 * 2.65 LEA (LD Converted) 7.07 8.26 8.01 7.64 * 7.96 AVERAGE LEAN PERCENT 54.65 56.49 56.08 55.63 * 56.03 (Packer Buying Programs)* -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 14,499 CARCASS BASE PRICE 57.98 AVERAGE NET PRICE 58.12 AVERAGE OF LOWEST NET LOTS 45.44 AVERAGE OF HIGHEST NET LOTS 62.95 AVERAGE LIVE WT 283.17 AVERAGE CARCASS WT 215.76 AVERAGE SORT LOSS -1.74 AVERAGE BACKFAT 0.60 AVERAGE LOIN DEPTH (LD) 2.69 LOINEYE AREA (LD Converted) 8.09 AVERAGE LEAN PERCENT 56.50 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 154,908 AVERAGE LIVE WT 285.58 AVERAGE CARCASS WT 217.78 AVERAGE BACKFAT 0.63 AVERAGE LOIN DEPTH (LD) 2.50 AVERAGE LEAN PERCENT 54.34 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 214.95 lbs carcass; BF 0.63; LD 2.60; LEA 7.82; FFLI 53.70% CARCASS-BASED PURCHASES: Wtd Avg Base $61.55 Wtd Avg Net Price $63.47 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count March 20, 2019 452,445 March 21, 2019 429,228 March 22, 2019 395,037 March 23, 2019 138,708 March 24, 2019 26,980 March 25, 2019 199,068 March 26, 2019 201,527 March 27, 2019 199,993 March 28, 2019 193,941 March 29, 2019 185,060 March 30, 2019 34,217 March 31, 2019 12,406 April 01, 2019 124,433 April 02, 2019 126,625 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 7,489 1,469 8,958 CARCASS BASE PRICE 53.11 * 53.11 AVERAGE NET PRICE 54.82 * 54.82 LOWEST NET LOT 42.00 * 42.00 HIGHEST NET LOT 62.95 * 62.95 AVERAGE LIVE WT 274.19 * 276.69 AVERAGE CARCASS WT 199.09 * 200.20 AVERAGE SORT LOSS -2.15 * -2.26 AVERAGE BACKFAT 0.67 * 0.68 AVG LOIN DEPTH (LD) 2.35 * 2.36 LEA (LD Converted) 7.07 * 7.11 AVERAGE LEAN PERCENT 54.65 * 54.62 (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 .