USDA Base Lean Hog Cost                            03/27 10:01
LM_HG213
Des Moines, IA     Fri, Mar 27, 2020     USDA Market News

NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST FOR Thu, Mar 26, 2020
This report includes: Volume, Weighted Average Carcass Weight, and Base Cost


                      Avg           Base Cost     (Packer Buying Programs)
             Head   Carcass Backfat (Inches): 1.00-1.09  0.80-0.99 0.65-0.79
   Date     Count    Weight     Percent Lean:   49-50%     51-52%    53-54%

03/26/20     86,545 212.41                      62.11      63.91     65.62
03/25/20     85,986 212.91                      62.66      64.45     66.13
03/24/20     81,134 213.21                      61.63      63.43     65.13
03/23/20     83,266 212.14                      60.68      62.48     64.16
03/20/20    156,487 214.55                      59.57      61.34     62.99
03/19/20     89,206 213.38                      58.26      60.06     61.78

WEEKLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
For Week Ended:

03/20/20    493,639 213.40                      57.87      59.67     61.37
02/28/20    452,638 214.13                      52.24      54.07     55.81
03/29/19    485,927 213.53                      68.19      70.04     71.79

MONTHLY NATIONAL DAILY BASE LEAN HOG CARCASS SLAUGHTER COST
For: February 2020

          1,836,305 213.79                      52.99      54.81     56.54

The values in the base cost lean calculations are determined by individual
packer's lean value buying programs, which are based on the backfat
and 6 to 7 square inch loineye area both measured at the 10th rib.

Calculations include Producer Sold negotiated and swine or pork market
formula and Packer Sold negotiated and swine or pork market formula data
from the National Prior Day Slaughtered Swine Report (LM_HG201.txt).

Monthly total and weighted averages represent slaughtered hogs reported
for the month.

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