LM_HG201 Des Moines, Iowa Wed, Jan 22, 2020 USDA Market News NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE Slaughter Data for Tuesday, January 21, 2020 Barrows and Gilts (Live and Carcass Basis): 460,794 NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/ MARKET OR PORK PURCHASE FORMULA WTD AVG FORMULA MARKET ARRGMENT (FUT/OPT)** FORMULA -------------------------------------------------------------------------------- Producer Sold: HEAD COUNT 9,161 46,950 113,004 115,348 1,516 285,979 CARCASS BASE PRICE 51.71 68.45 60.22 66.42 * 63.84 AVERAGE NET PRICE 52.20 70.72 62.00 67.81 * 65.55 LOWEST NET LOT 41.41 52.05 40.16 51.86 * 45.93 HIGHEST NET LOT 56.93 89.36 82.40 83.75 * 77.86 AVERAGE LIVE WT 282.69 287.23 283.86 286.71 * 285.53 AVERAGE CARCASS WT 208.73 217.18 213.56 215.11 * 214.65 AVERAGE SORT LOSS -1.65 -2.31 -1.67 -1.78 * -1.82 AVERAGE BACKFAT 0.67 0.64 0.65 0.66 * 0.65 AVG LOIN DEPTH (LD) 2.40 2.70 2.63 2.60 * 2.63 LEA (LD Converted) 7.21 8.13 7.91 7.80 * 7.90 AVERAGE LEAN PERCENT 54.59 55.96 55.85 55.76 * 55.80 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Sold: TOTALS/WTD AVG All Purchase Types HEAD COUNT 19,073 CARCASS BASE PRICE 57.21 AVERAGE NET PRICE 58.07 AVERAGE OF LOWEST NET LOTS 53.96 AVERAGE OF HIGHEST NET LOTS 64.80 AVERAGE LIVE WT 275.33 AVERAGE CARCASS WT 207.93 AVERAGE SORT LOSS -1.54 AVERAGE BACKFAT 0.67 AVERAGE LOIN DEPTH (LD) 2.57 LOINEYE AREA (LD Converted) 7.73 AVERAGE LEAN PERCENT 55.18 (Packer Buying Programs) -------------------------------------------------------------------------------- Packer Owned: TOTALS/WTD AVG HEAD COUNT 155,742 AVERAGE LIVE WT 288.06 AVERAGE CARCASS WT 218.86 AVERAGE BACKFAT 0.67 AVERAGE LOIN DEPTH (LD) 2.55 AVERAGE LEAN PERCENT 54.29 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED: Prior Slaughter Day's Average Market Hog based on reported slaughter data: 215.85 lbs carcass; BF 0.66; LD 2.60; LEA 7.82; FFLI 53.40% CARCASS-BASED PURCHASES: Wtd Avg Base $63.48 Wtd Avg Net Price $65.15 -------------------------------------------------------------------------------- SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER (Dates based on reporting days) Head Count January 22, 2020 464,327 January 23, 2020 430,157 January 24, 2020 408,106 January 25, 2020 256,621 January 26, 2020 20,828 January 27, 2020 198,590 January 28, 2020 207,002 January 29, 2020 206,444 January 30, 2020 205,723 January 31, 2020 190,887 February 01, 2020 103,095 February 02, 2020 12,040 February 03, 2020 125,126 February 04, 2020 133,417 -------------------------------------------------------------------------------- NEGOTIATED NEGOTIATED COMBINED FORMULA Producer Sold: HEAD COUNT 9,161 1,516 10,677 CARCASS BASE PRICE 51.71 * 51.71 AVERAGE NET PRICE 52.20 * 52.20 LOWEST NET LOT 41.41 * 41.41 HIGHEST NET LOT 56.93 * 56.93 AVERAGE LIVE WT 282.69 * 282.43 AVERAGE CARCASS WT 208.73 * 209.37 AVERAGE SORT LOSS -1.65 * -1.54 AVERAGE BACKFAT 0.67 * 0.69 AVG LOIN DEPTH (LD) 2.40 * 2.44 LEA (LD Converted) 7.21 * 7.34 AVERAGE LEAN PERCENT 54.59 * 54.50 (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 .