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USDA - AMS: National Daily Direct Prior Day Slaughtered Swine (2019-03-27)

USDA U.S. Department of Agriculture - March 27, 2019

LM_HG201
Des Moines, Iowa               Wed, Mar 27, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, March 26, 2019

Barrows and Gilts (Live and Carcass Basis): 435,247

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

HEAD COUNT                 9,670   44,315   120,678   90,293        895  265,851
CARCASS BASE PRICE         62.93    71.90     68.46    69.97          *    69.39
AVERAGE NET PRICE          64.83    74.78     70.92    71.03          *    71.40
LOWEST NET LOT             46.02    54.69     56.24    57.48          *    53.40
HIGHEST NET LOT            74.76    83.19     82.65    87.57          *    81.48
AVERAGE LIVE WT           276.69   287.65    283.88   281.84          *   283.62
AVERAGE CARCASS WT        207.37   218.66    213.37   211.57          *   213.41
AVERAGE SORT LOSS          -1.81    -2.24     -1.67    -1.37          *    -1.68
AVERAGE BACKFAT             0.75     0.57      0.64     0.68          *     0.64
AVG LOIN DEPTH (LD)         2.49     2.75      2.66     2.55          *     2.65
LEA (LD Converted)          7.47     8.27      8.01     7.67          *     7.97
AVERAGE LEAN PERCENT       54.78    56.53     55.98    55.57          *    55.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,878
CARCASS BASE PRICE                69.66
AVERAGE NET PRICE                 69.30
AVERAGE OF LOWEST NET LOTS        61.76
AVERAGE OF HIGHEST NET LOTS       77.63
AVERAGE LIVE WT                  280.45
AVERAGE CARCASS WT               213.76
AVERAGE SORT LOSS                 -2.47
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.95
AVERAGE LEAN PERCENT              56.29
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      153,518
AVERAGE LIVE WT                  285.00
AVERAGE CARCASS WT               216.84
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.41
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.66 lbs carcass;  BF 0.64;  LD 2.61;  LEA 7.84;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $69.41
                    Wtd Avg Net Price        $71.28
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 27, 2019                     454,367
   March 28, 2019                     425,725
   March 29, 2019                     382,078
   March 30, 2019                     111,944
   March 31, 2019                      24,990
   April 01, 2019                     201,891
   April 02, 2019                     209,189
   April 03, 2019                     210,220
   April 04, 2019                     207,306
   April 05, 2019                     189,626
   April 06, 2019                      41,468
   April 07, 2019                      11,970
   April 08, 2019                     133,340
   April 09, 2019                     135,322
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,670          895      10,565
CARCASS BASE PRICE             62.93            *       62.93
AVERAGE NET PRICE              64.83            *       64.83
LOWEST NET LOT                 46.02            *       46.02
HIGHEST NET LOT                74.76            *       74.76
AVERAGE LIVE WT               276.69            *      276.03
AVERAGE CARCASS WT            207.37            *      207.56
AVERAGE SORT LOSS              -1.81            *       -1.78
AVERAGE BACKFAT                 0.75            *        0.76
AVG LOIN DEPTH (LD)             2.49            *        2.48
LEA (LD Converted)              7.47            *        7.45
AVERAGE LEAN PERCENT           54.78            *       54.65
(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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