National Daily Direct Prior Day Slaughtered Swine
LM_HG201
Des Moines, Iowa               Thu, Oct 17, 2019                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, October 16, 2019

Barrows and Gilts (Live and Carcass Basis): 445,692

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

HEAD COUNT                 7,027   43,935   107,110  110,210        335  268,617
CARCASS BASE PRICE         55.02    68.03     64.07    69.33          *    66.61
AVERAGE NET PRICE          55.89    70.63     66.02    70.84          *    68.56
LOWEST NET LOT             46.80    58.29     46.61    51.33          *    51.70
HIGHEST NET LOT            64.34    95.41     77.29    89.97          *    83.65
AVERAGE LIVE WT           272.41   285.08    283.81   284.13          *   283.87
AVERAGE CARCASS WT        202.39   214.80    213.05   212.65          *   212.92
AVERAGE SORT LOSS          -2.36    -1.73     -1.46    -1.39          *    -1.50
AVERAGE BACKFAT             0.64     0.63      0.66     0.66          *     0.65
AVG LOIN DEPTH (LD)         2.29     2.74      2.65     2.62          *     2.65
LEA (LD Converted)          6.88     8.23      7.98     7.87          *     7.97
AVERAGE LEAN PERCENT       55.16    56.39     55.89    55.85          *    55.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,439
CARCASS BASE PRICE                61.00
AVERAGE NET PRICE                 61.45
AVERAGE OF LOWEST NET LOTS        59.62
AVERAGE OF HIGHEST NET LOTS       67.80
AVERAGE LIVE WT                  277.11
AVERAGE CARCASS WT               209.69
AVERAGE SORT LOSS                 -1.00
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.48
LOINEYE AREA (LD Converted)        7.45
AVERAGE LEAN PERCENT              54.26
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      157,636
AVERAGE LIVE WT                  280.00
AVERAGE CARCASS WT               212.31
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              54.24
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.56 lbs carcass;  BF 0.66;  LD 2.60;  LEA 7.82;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $66.19
                    Wtd Avg Net Price        $68.07
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 17, 2019                   451,650
   October 18, 2019                   411,336
   October 19, 2019                   204,263
   October 20, 2019                    29,590
   October 21, 2019                   226,704
   October 22, 2019                   230,161
   October 23, 2019                   232,595
   October 24, 2019                   231,097
   October 25, 2019                   218,444
   October 26, 2019                    80,647
   October 27, 2019                    16,907
   October 28, 2019                   136,904
   October 29, 2019                   141,152
   October 30, 2019                   140,712
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,027          335       7,362
CARCASS BASE PRICE             55.02            *       55.02
AVERAGE NET PRICE              55.89            *       55.89
LOWEST NET LOT                 46.80            *       46.80
HIGHEST NET LOT                64.34            *       64.34
AVERAGE LIVE WT               272.41            *      272.66
AVERAGE CARCASS WT            202.39            *      203.06
AVERAGE SORT LOSS              -2.36            *       -2.25
AVERAGE BACKFAT                 0.64            *        0.64
AVG LOIN DEPTH (LD)             2.29            *        2.34
LEA (LD Converted)              6.88            *        7.03
AVERAGE LEAN PERCENT           55.16            *       55.32
(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
1000C


.