LM_HG201 Des Moines, Iowa Thu, Jan 23, 2020 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Wednesday, January 22, 2020 Barrows and Gilts (Live and Carcass Basis): 454,695 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 7,831 47,359 114,119 107,007 1,147 277,463 CARCASS BASE PRICE 51.40 67.93 60.23 67.10 * 64.08 AVERAGE NET PRICE 51.60 70.24 61.96 68.51 * 65.75 LOWEST NET LOT 39.63 48.14 45.67 44.14 * 44.67 HIGHEST NET LOT 56.97 88.40 76.37 83.77 * 75.62 AVERAGE LIVE WT 281.75 289.39 285.84 286.08 * 286.47 AVERAGE CARCASS WT 210.99 218.48 214.46 215.30 * 215.41 AVERAGE SORT LOSS -2.18 -2.47 -1.78 -1.69 * -1.88 AVERAGE BACKFAT 0.63 0.66 0.65 0.67 * 0.66 AVG LOIN DEPTH (LD) 2.41 2.71 2.62 2.61 * 2.63 LEA (LD Converted) 7.23 8.15 7.88 7.84 * 7.91 AVERAGE LEAN PERCENT 54.34 55.89 55.74 55.70 * 55.73 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 21,797 CARCASS BASE PRICE 56.96 AVERAGE NET PRICE 57.79 AVERAGE OF LOWEST NET LOTS 56.75 AVERAGE OF HIGHEST NET LOTS 68.51 AVERAGE LIVE WT 278.79 AVERAGE CARCASS WT 210.70 AVERAGE SORT LOSS -1.31 AVERAGE BACKFAT 0.66 AVERAGE LOIN DEPTH (LD) 2.52 LOINEYE AREA (LD Converted) 7.56 AVERAGE LEAN PERCENT 54.55 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 155,435 AVERAGE LIVE WT 288.97 AVERAGE CARCASS WT 219.96 AVERAGE BACKFAT 0.67 AVERAGE LOIN DEPTH (LD) 2.55 AVERAGE LEAN PERCENT 54.32 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 216.68 lbs carcass; BF 0.66; LD 2.61; LEA 7.83; FFLI 53.30% CARCASS-BASED PURCHASES: Wtd Avg Base $63.55 Wtd Avg Net Price $65.16 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count January 23, 2020 460,451 January 24, 2020 409,951 January 25, 2020 261,216 January 26, 2020 32,598 January 27, 2020 240,640 January 28, 2020 242,062 January 29, 2020 241,762 January 30, 2020 240,012 January 31, 2020 227,982 February 01, 2020 118,621 February 02, 2020 13,836 February 03, 2020 145,495 February 04, 2020 151,974 February 05, 2020 148,824 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 7,831 1,147 8,978 CARCASS BASE PRICE 51.40 * 51.40 AVERAGE NET PRICE 51.60 * 51.60 LOWEST NET LOT 39.63 * 39.63 HIGHEST NET LOT 56.97 * 56.97 AVERAGE LIVE WT 281.75 * 283.40 AVERAGE CARCASS WT 210.99 * 211.66 AVERAGE SORT LOSS -2.18 * -1.96 AVERAGE BACKFAT 0.63 * 0.64 AVG LOIN DEPTH (LD) 2.41 * 2.44 LEA (LD Converted) 7.23 * 7.33 AVERAGE LEAN PERCENT 54.34 * 54.33 (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 .