National Daily Direct Prior Day Slaughtered Swine
LM_HG201
Des Moines, Iowa               Fri, Mar 15, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, March 14, 2019

Barrows and Gilts (Live and Carcass Basis): 422,735

                      NEGOTIATED    OTHER     SWINE    OTHER NEGOTIATED  TOTALS/
                                   MARKET   OR PORK PURCHASE    FORMULA  WTD AVG
                                  FORMULA    MARKET ARRGMENT
                                (FUT/OPT)** FORMULA
--------------------------------------------------------------------------------
Producer Sold:

HEAD COUNT                 6,843   35,805   130,826   87,715      1,794  262,983
CARCASS BASE PRICE         47.60    61.02     53.94    62.54          *    57.65
AVERAGE NET PRICE          49.20    63.87     56.29    63.76          *    59.71
LOWEST NET LOT             39.96    52.57     39.15    44.91          *    44.54
HIGHEST NET LOT            56.18    73.35     68.65    80.69          *    67.28
AVERAGE LIVE WT           269.25   287.57    284.79   280.93          *   283.52
AVERAGE CARCASS WT        195.70   217.51    214.48   210.78          *   213.23
AVERAGE SORT LOSS          -2.34    -2.07     -1.78    -1.29          *    -1.68
AVERAGE BACKFAT             0.66     0.61      0.64     0.67          *     0.64
AVG LOIN DEPTH (LD)         2.36     2.74      2.67     2.56          *     2.65
LEA (LD Converted)          7.08     8.23      8.03     7.69          *     7.96
AVERAGE LEAN PERCENT       53.80    56.38     56.09    55.75          *    56.01
(Packer Buying Programs)
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Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,102
CARCASS BASE PRICE                52.99
AVERAGE NET PRICE                 52.85
AVERAGE OF LOWEST NET LOTS        48.54
AVERAGE OF HIGHEST NET LOTS       53.81
AVERAGE LIVE WT                  287.86
AVERAGE CARCASS WT               217.80
AVERAGE SORT LOSS                 -1.52
AVERAGE BACKFAT                    0.56
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.98
AVERAGE LEAN PERCENT              56.43
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      146,650
AVERAGE LIVE WT                  287.57
AVERAGE CARCASS WT               218.47
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              54.46
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                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.23 lbs carcass;  BF 0.65;  LD 2.61;  LEA 7.85;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $57.42
                    Wtd Avg Net Price        $59.39
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 15, 2019                     400,312
   March 16, 2019                     118,309
   March 17, 2019                      36,545
   March 18, 2019                     327,417
   March 19, 2019                     331,926
   March 20, 2019                     330,421
   March 21, 2019                     327,871
   March 22, 2019                     300,599
   March 23, 2019                      59,782
   March 24, 2019                      17,423
   March 25, 2019                     151,552
   March 26, 2019                     158,173
   March 27, 2019                     159,286
   March 28, 2019                     160,317
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                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     6,843        1,794       8,637
CARCASS BASE PRICE             47.60            *       47.60
AVERAGE NET PRICE              49.20            *       49.20
LOWEST NET LOT                 39.96            *       39.96
HIGHEST NET LOT                56.18            *       56.18
AVERAGE LIVE WT               269.25            *      272.48
AVERAGE CARCASS WT            195.70            *      197.76
AVERAGE SORT LOSS              -2.34            *       -2.41
AVERAGE BACKFAT                 0.66            *        0.67
AVG LOIN DEPTH (LD)             2.36            *        2.38
LEA (LD Converted)              7.08            *        7.15
AVERAGE LEAN PERCENT           53.80            *       53.76
(Packer Buying Programs)
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* 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
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