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

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

Barrows and Gilts (Live and Carcass Basis): 420,899

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

HEAD COUNT                 6,402   52,423   107,217   86,794      1,434  254,270
CARCASS BASE PRICE         79.37    80.71     81.47    79.97      82.43    80.75
AVERAGE NET PRICE          81.61    83.18     84.12    81.42      85.30    82.94
LOWEST NET LOT             69.64    64.70     73.97    69.04      83.41    73.64
HIGHEST NET LOT            86.55   100.30    100.67    97.72      86.43    95.92
AVERAGE LIVE WT           263.80   286.34    284.41   283.41     281.59   284.00
AVERAGE CARCASS WT        193.39   215.71    213.82   213.16     203.71   213.52
AVERAGE SORT LOSS          -2.21    -1.69     -1.71    -1.30      -0.67    -1.58
AVERAGE BACKFAT             0.71     0.62      0.63     0.67       0.71     0.64
AVG LOIN DEPTH (LD)         2.26     2.67      2.69     2.64       2.52     2.66
LEA (LD Converted)          6.77     8.04      8.09     7.95       7.58     8.02
AVERAGE LEAN PERCENT       54.08    56.30     56.16    55.99      55.18    56.11
(Packer Buying Programs)
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Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,573
CARCASS BASE PRICE                84.54
AVERAGE NET PRICE                 84.97
AVERAGE OF LOWEST NET LOTS        78.60
AVERAGE OF HIGHEST NET LOTS       88.03
AVERAGE LIVE WT                  277.63
AVERAGE CARCASS WT               211.13
AVERAGE SORT LOSS                 -1.23
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.49
LOINEYE AREA (LD Converted)        7.49
AVERAGE LEAN PERCENT              54.41
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      147,056
AVERAGE LIVE WT                  285.51
AVERAGE CARCASS WT               216.99
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.27
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.66 lbs carcass;  BF 0.65;  LD 2.61;  LEA 7.85;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $81.04
                    Wtd Avg Net Price        $83.09
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 15, 2019                       430,398
   May 16, 2019                       401,980
   May 17, 2019                       369,629
   May 18, 2019                        59,815
   May 19, 2019                        36,078
   May 20, 2019                       195,251
   May 21, 2019                       200,858
   May 22, 2019                       198,972
   May 23, 2019                       195,389
   May 24, 2019                       164,786
   May 25, 2019                         1,575
   May 26, 2019                         2,875
   May 27, 2019                        21,945
   May 28, 2019                       133,369
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                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     6,402        1,434       7,836
CARCASS BASE PRICE             79.37        82.43       79.76
AVERAGE NET PRICE              81.61        85.30       82.04
LOWEST NET LOT                 69.64        83.41       80.79
HIGHEST NET LOT                86.55        86.43       86.45
AVERAGE LIVE WT               263.80       281.59      267.50
AVERAGE CARCASS WT            193.39       203.71      194.60
AVERAGE SORT LOSS              -2.21        -0.67       -1.96
AVERAGE BACKFAT                 0.71         0.71        0.71
AVG LOIN DEPTH (LD)             2.26         2.52        2.31
LEA (LD Converted)              6.77         7.58        6.92
AVERAGE LEAN PERCENT           54.08        55.18       54.29
(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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