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USDA - AMS: National Daily Direct Prior Day Slaughtered Swine (2019-01-10)

USDA U.S. Department of Agriculture - January 10, 2019

LM_HG201
Des Moines, Iowa               Thu, Jan 10, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, January 9, 2019

Barrows and Gilts (Live and Carcass Basis): 436,168

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

HEAD COUNT                 8,286   42,996   139,709   93,519      1,221  285,731
CARCASS BASE PRICE         47.87    59.88     54.64    63.02          *    58.02
AVERAGE NET PRICE          49.80    61.91     56.86    63.77          *    59.75
LOWEST NET LOT             42.45    48.15     44.27    41.99          *    42.88
HIGHEST NET LOT            54.66    69.59     69.93    80.08          *    65.46
AVERAGE LIVE WT           271.23   287.26    286.06   283.46          *   285.11
AVERAGE CARCASS WT        196.59   217.73    215.35   213.50          *   214.62
AVERAGE SORT LOSS          -1.98    -2.03     -1.86    -1.49          *    -1.78
AVERAGE BACKFAT             0.60     0.65      0.64     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.34     2.71      2.71     2.51          *     2.65
LEA (LD Converted)          7.01     8.15      8.15     7.54          *     7.98
AVERAGE LEAN PERCENT       54.61    55.88     56.18    55.27          *    55.87
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,926
CARCASS BASE PRICE                53.63
AVERAGE NET PRICE                 55.58
AVERAGE OF LOWEST NET LOTS        52.36
AVERAGE OF HIGHEST NET LOTS       62.72
AVERAGE LIVE WT                  273.57
AVERAGE CARCASS WT               204.63
AVERAGE SORT LOSS                 -1.77
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.80
AVERAGE LEAN PERCENT              55.65
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      140,511
AVERAGE LIVE WT                  286.85
AVERAGE CARCASS WT               217.89
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.18
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.46 lbs carcass;  BF 0.66;  LD 2.61;  LEA 7.86;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $57.87
                    Wtd Avg Net Price        $59.61
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 10, 2019                   450,532
   January 11, 2019                   414,900
   January 12, 2019                   147,874
   January 13, 2019                    40,101
   January 14, 2019                   248,648
   January 15, 2019                   255,786
   January 16, 2019                   246,672
   January 17, 2019                   244,852
   January 18, 2019                   230,555
   January 19, 2019                    52,897
   January 20, 2019                    19,598
   January 21, 2019                   128,490
   January 22, 2019                   157,161
   January 23, 2019                   156,995
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,286        1,221        9,507
CARCASS BASE PRICE             47.87            *        47.87
AVERAGE NET PRICE              49.80            *        49.80
LOWEST NET LOT                 42.45            *        42.45
HIGHEST NET LOT                54.66            *        54.66
AVERAGE LIVE WT               271.23            *       275.95
AVERAGE CARCASS WT            196.59            *       197.11
AVERAGE SORT LOSS              -1.98            *        -2.08
AVERAGE BACKFAT                 0.60            *         0.60
AVG LOIN DEPTH (LD)             2.34            *         2.35
LEA (LD Converted)              7.01            *         7.03
AVERAGE LEAN PERCENT           54.61            *        54.61
(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
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