National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/17/2016

Past Market Reports

Report Date: 10/17/2016

LM_HG201
Des Moines, Iowa               Mon, Oct 17, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, October 14, 2016 and Saturday, October 15, 2016

Barrows and Gilts (Live and Carcass Basis): 679,185

                      NEGOTIATED    OTHER     SWINE    OTHER NEGOTIATED  TOTALS/
                                   MARKET   OR PORK PURCHASE    FORMULA  WTD AVG
                                  FORMULA    MARKET ARRGMENT
                                            FORMULA
--------------------------------------------------------------------------------
Producer Sold:

HEAD COUNT                23,985   63,245   258,846  124,333      3,599  474,008
CARCASS BASE PRICE         46.78    56.60     49.97    58.71          *    53.03
AVERAGE NET PRICE          47.96    59.71     52.64    60.12          *    55.36
LOWEST NET LOT             43.23    45.50     37.36    46.08          *    42.94
HIGHEST NET LOT            52.99    75.78     72.66    98.28          *    79.29
AVERAGE LIVE WT           275.58   277.72    281.50   281.81          *   280.68
AVERAGE CARCASS WT        206.85   210.61    212.50   211.53          *   211.72
AVERAGE SORT LOSS          -1.20    -1.70     -1.60    -0.88          *    -1.41
AVERAGE BACKFAT             0.66     0.62      0.65     0.71          *     0.66
AVG LOIN DEPTH (LD)         2.42     2.76      2.71     2.49          *     2.65
LEA (LD Converted)          7.25     8.29      8.16     7.49          *     7.96
AVERAGE LEAN PERCENT       54.39    56.33     55.85    55.25          *    55.69
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       24,997
CARCASS BASE PRICE                49.93
AVERAGE NET PRICE                 52.61
AVERAGE OF LOWEST NET LOTS        47.56
AVERAGE OF HIGHEST NET LOTS       60.79
AVERAGE LIVE WT                  278.85
AVERAGE CARCASS WT               207.24
AVERAGE SORT LOSS                 -1.31
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.50
LOINEYE AREA (LD Converted)        7.52
AVERAGE LEAN PERCENT              55.73
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      180,180
AVERAGE LIVE WT                  284.21
AVERAGE CARCASS WT               213.37
AVERAGE BACKFAT                    0.74
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              53.39
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.99 lbs carcass;  BF 0.68;  LD 2.60;  LEA 7.81;  FFLI  53.00%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $52.89
                    Wtd Avg Net Price        $55.22
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 17, 2016                   419,756
   October 18, 2016                   389,812
   October 19, 2016                   387,452
   October 20, 2016                   386,475
   October 21, 2016                   368,824
   October 22, 2016                   210,297
   October 23, 2016                    27,333
   October 24, 2016                   136,275
   October 25, 2016                   136,624
   October 26, 2016                   134,088
   October 27, 2016                   136,787
   October 28, 2016                   120,646
   October 29, 2016                    42,588
   October 30, 2016                    15,638
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    23,985        3,599      27,584
CARCASS BASE PRICE             46.78            *       46.78
AVERAGE NET PRICE              47.96            *       47.96
LOWEST NET LOT                 43.23            *       43.23
HIGHEST NET LOT                52.99            *       52.99
AVERAGE LIVE WT               275.58            *      275.40
AVERAGE CARCASS WT            206.85            *      207.08
AVERAGE SORT LOSS              -1.20            *       -1.21
AVERAGE BACKFAT                 0.66            *        0.66
AVG LOIN DEPTH (LD)             2.42            *        2.42
LEA (LD Converted)              7.25            *        7.26
AVERAGE LEAN PERCENT           54.39            *       54.34
(Packer Buying Programs)
--------------------------------------------------------------------------------
*For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines*

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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