LM_HG201 Des Moines, Iowa Fri, Feb 22, 2019 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Thursday, February 21, 2019 Barrows and Gilts (Live and Carcass Basis): 443,351 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 9,433 46,434 140,491 92,612 1,613 290,583 CARCASS BASE PRICE 48.09 58.35 51.55 59.78 * 55.26 AVERAGE NET PRICE 49.38 60.66 53.65 61.03 * 57.09 LOWEST NET LOT 37.79 45.09 34.34 37.47 * 40.74 HIGHEST NET LOT 55.54 73.43 70.32 77.67 * 72.56 AVERAGE LIVE WT 272.57 287.36 286.41 283.03 * 285.07 AVERAGE CARCASS WT 199.71 217.53 215.41 212.63 * 214.45 AVERAGE SORT LOSS -1.97 -2.12 -1.69 -1.51 * -1.72 AVERAGE BACKFAT 0.61 0.62 0.64 0.68 * 0.65 AVG LOIN DEPTH (LD) 2.34 2.74 2.67 2.60 * 2.66 LEA (LD Converted) 7.04 8.25 8.02 7.83 * 8.00 AVERAGE LEAN PERCENT 54.67 56.32 56.02 55.76 * 55.99 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 6,347 CARCASS BASE PRICE 51.05 AVERAGE NET PRICE 52.55 AVERAGE OF LOWEST NET LOTS 49.39 AVERAGE OF HIGHEST NET LOTS 55.41 AVERAGE LIVE WT 283.25 AVERAGE CARCASS WT 209.83 AVERAGE SORT LOSS -1.87 AVERAGE BACKFAT 0.60 AVERAGE LOIN DEPTH (LD) 2.65 LOINEYE AREA (LD Converted) 7.96 AVERAGE LEAN PERCENT 56.23 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 146,421 AVERAGE LIVE WT 286.98 AVERAGE CARCASS WT 218.00 AVERAGE BACKFAT 0.67 AVERAGE LOIN DEPTH (LD) 2.53 AVERAGE LEAN PERCENT 54.31 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 215.58 lbs carcass; BF 0.65; LD 2.62; LEA 7.89; FFLI 53.60% CARCASS-BASED PURCHASES: Wtd Avg Base $55.16 Wtd Avg Net Price $56.99 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count February 22, 2019 428,871 February 23, 2019 123,704 February 24, 2019 29,627 February 25, 2019 388,214 February 26, 2019 384,689 February 27, 2019 363,402 February 28, 2019 357,538 March 01, 2019 334,265 March 02, 2019 73,081 March 03, 2019 16,503 March 04, 2019 146,513 March 05, 2019 151,808 March 06, 2019 152,771 March 07, 2019 151,715 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 9,433 1,613 11,046 CARCASS BASE PRICE 48.09 * 48.09 AVERAGE NET PRICE 49.38 * 49.38 LOWEST NET LOT 37.79 * 37.79 HIGHEST NET LOT 55.54 * 55.54 AVERAGE LIVE WT 272.57 * 274.84 AVERAGE CARCASS WT 199.71 * 200.52 AVERAGE SORT LOSS -1.97 * -1.98 AVERAGE BACKFAT 0.61 * 0.61 AVG LOIN DEPTH (LD) 2.34 * 2.37 LEA (LD Converted) 7.04 * 7.13 AVERAGE LEAN PERCENT 54.67 * 54.75 (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 .