LM_HG201 Des Moines, Iowa Fri, Feb 21, 2020 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Thursday, February 20, 2020 Barrows and Gilts (Live and Carcass Basis): 453,776 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 7,142 42,995 119,490 99,946 826 270,399 CARCASS BASE PRICE 49.47 67.31 53.77 63.24 * 59.42 AVERAGE NET PRICE 50.24 70.31 56.13 64.54 * 61.50 LOWEST NET LOT 43.53 49.00 45.03 49.60 * 46.65 HIGHEST NET LOT 57.10 85.90 64.18 82.54 * 72.55 AVERAGE LIVE WT 279.36 285.06 285.92 285.24 * 285.38 AVERAGE CARCASS WT 210.63 215.58 214.47 214.35 * 214.53 AVERAGE SORT LOSS -1.26 -1.88 -1.73 -1.37 * -1.62 AVERAGE BACKFAT 0.64 0.64 0.63 0.68 * 0.65 AVG LOIN DEPTH (LD) 2.45 2.68 2.65 2.56 * 2.63 LEA (LD Converted) 7.35 8.04 7.98 7.69 * 7.90 AVERAGE LEAN PERCENT 54.62 55.91 56.10 55.64 * 55.91 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 19,673 CARCASS BASE PRICE 55.32 AVERAGE NET PRICE 55.63 AVERAGE OF LOWEST NET LOTS 53.20 AVERAGE OF HIGHEST NET LOTS 61.43 AVERAGE LIVE WT 286.04 AVERAGE CARCASS WT 217.25 AVERAGE SORT LOSS -1.39 AVERAGE BACKFAT 0.63 AVERAGE LOIN DEPTH (LD) 2.69 LOINEYE AREA (LD Converted) 8.08 AVERAGE LEAN PERCENT 55.81 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 163,704 AVERAGE LIVE WT 289.99 AVERAGE CARCASS WT 220.04 AVERAGE BACKFAT 0.67 AVERAGE LOIN DEPTH (LD) 2.55 AVERAGE LEAN PERCENT 54.27 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 216.66 lbs carcass; BF 0.65; LD 2.61; LEA 7.84; FFLI 53.50% CARCASS-BASED PURCHASES: Wtd Avg Base $59.12 Wtd Avg Net Price $61.08 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count February 21, 2020 416,184 February 22, 2020 144,062 February 23, 2020 44,651 February 24, 2020 407,378 February 25, 2020 396,503 February 26, 2020 393,122 February 27, 2020 383,809 February 28, 2020 381,414 February 29, 2020 71,942 March 01, 2020 20,368 March 02, 2020 158,393 March 03, 2020 156,676 March 04, 2020 157,196 March 05, 2020 156,492 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 7,142 826 7,968 CARCASS BASE PRICE 49.47 * 49.47 AVERAGE NET PRICE 50.24 * 50.24 LOWEST NET LOT 43.53 * 43.53 HIGHEST NET LOT 57.10 * 57.10 AVERAGE LIVE WT 279.36 * 280.14 AVERAGE CARCASS WT 210.63 * 211.11 AVERAGE SORT LOSS -1.26 * -1.25 AVERAGE BACKFAT 0.64 * 0.66 AVG LOIN DEPTH (LD) 2.45 * 2.49 LEA (LD Converted) 7.35 * 7.46 AVERAGE LEAN PERCENT 54.62 * 54.78 (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 .