National Daily Direct Prior Day Slaughtered Swine
LM_HG201
Des Moines, Iowa               Fri, Sep 20, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, September 19, 2019

Barrows and Gilts (Live and Carcass Basis): 435,623

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

HEAD COUNT                 5,900   53,075   108,103   85,708        634  253,420
CARCASS BASE PRICE         45.66    71.51     53.56    62.85          *    60.47
AVERAGE NET PRICE          46.82    73.96     55.84    64.83          *    62.62
LOWEST NET LOT             38.74    53.30     39.33    47.38          *    45.78
HIGHEST NET LOT            52.88    99.37     67.39    97.65          *    77.63
AVERAGE LIVE WT           276.36   280.19    281.64   285.61          *   282.48
AVERAGE CARCASS WT        199.29   210.31    211.37   215.45          *   212.32
AVERAGE SORT LOSS          -1.62    -1.22     -1.50    -1.43          *    -1.41
AVERAGE BACKFAT             0.52     0.65      0.65     0.68          *     0.66
AVG LOIN DEPTH (LD)         2.35     2.61      2.67     2.72          *     2.66
LEA (LD Converted)          7.04     7.86      8.03     8.18          *     8.00
AVERAGE LEAN PERCENT       55.14    56.09     56.05    55.91          *    56.02
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       18,471
CARCASS BASE PRICE                50.83
AVERAGE NET PRICE                 51.43
AVERAGE OF LOWEST NET LOTS        45.37
AVERAGE OF HIGHEST NET LOTS       57.50
AVERAGE LIVE WT                  279.05
AVERAGE CARCASS WT               211.43
AVERAGE SORT LOSS                 -0.90
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.55
LOINEYE AREA (LD Converted)        7.67
AVERAGE LEAN PERCENT              54.66
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      163,732
AVERAGE LIVE WT                  278.07
AVERAGE CARCASS WT               211.75
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              54.27
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                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.07 lbs carcass;  BF 0.66;  LD 2.61;  LEA 7.84;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $59.77
                    Wtd Avg Net Price        $61.83
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 20, 2019                 384,071
   September 21, 2019                 160,532
   September 22, 2019                  46,797
   September 23, 2019                 350,817
   September 24, 2019                 392,747
   September 25, 2019                 394,881
   September 26, 2019                 386,896
   September 27, 2019                 372,091
   September 28, 2019                 170,654
   September 29, 2019                  18,498
   September 30, 2019                 136,086
   October 01, 2019                   143,768
   October 02, 2019                   144,194
   October 03, 2019                   144,445
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                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     5,900          634       6,534
CARCASS BASE PRICE             45.66            *       45.66
AVERAGE NET PRICE              46.82            *       46.82
LOWEST NET LOT                 38.74            *       38.74
HIGHEST NET LOT                52.88            *       52.88
AVERAGE LIVE WT               276.36            *      275.47
AVERAGE CARCASS WT            199.29            *      199.93
AVERAGE SORT LOSS              -1.62            *       -1.50
AVERAGE BACKFAT                 0.52            *        0.56
AVG LOIN DEPTH (LD)             2.35            *        2.39
LEA (LD Converted)              7.04            *        7.17
AVERAGE LEAN PERCENT           55.14            *       55.33
(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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