National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/3/2016

Past Market Reports

Report Date: 11/3/2016

LM_HG201
Des Moines, Iowa               Thu, Nov 03, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, November 2, 2016

Barrows and Gilts (Live and Carcass Basis): 412,809

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

HEAD COUNT                10,682   38,746   155,145   72,040      1,599  278,212
CARCASS BASE PRICE         44.62    52.53     48.99    59.43          *    52.13
AVERAGE NET PRICE          45.91    54.94     51.61    60.54          *    54.28
LOWEST NET LOT             38.13    38.94     39.04    43.75          *    39.00
HIGHEST NET LOT            50.17    72.02     74.41    90.14          *    70.39
AVERAGE LIVE WT           268.34   278.87    280.39   279.25          *   279.32
AVERAGE CARCASS WT        200.10   210.68    210.69   209.09          *   209.84
AVERAGE SORT LOSS          -1.25    -1.76     -1.45    -1.09          *    -1.40
AVERAGE BACKFAT             0.65     0.64      0.66     0.70          *     0.67
AVG LOIN DEPTH (LD)         2.26     2.70      2.68     2.44          *     2.61
LEA (LD Converted)          6.76     8.12      8.05     7.33          *     7.83
AVERAGE LEAN PERCENT       53.55    56.13     55.87    55.14          *    55.63
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,288
CARCASS BASE PRICE                48.18
AVERAGE NET PRICE                 50.73
AVERAGE OF LOWEST NET LOTS        45.08
AVERAGE OF HIGHEST NET LOTS       59.83
AVERAGE LIVE WT                  277.56
AVERAGE CARCASS WT               208.20
AVERAGE SORT LOSS                 -1.38
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.48
LOINEYE AREA (LD Converted)        7.43
AVERAGE LEAN PERCENT              55.57
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      115,309
AVERAGE LIVE WT                  289.62
AVERAGE CARCASS WT               216.55
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.41
AVERAGE LEAN PERCENT              53.29
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.66 lbs carcass;  BF 0.68;  LD 2.56;  LEA 7.68;  FFLI  53.00%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $51.91
                    Wtd Avg Net Price        $54.04
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 03, 2016                  416,319
   November 04, 2016                  389,744
   November 05, 2016                  256,927
   November 06, 2016                   38,959
   November 07, 2016                  228,238
   November 08, 2016                  231,714
   November 09, 2016                  231,665
   November 10, 2016                  226,551
   November 11, 2016                  184,616
   November 12, 2016                   97,197
   November 13, 2016                   15,083
   November 14, 2016                   94,713
   November 15, 2016                  102,134
   November 16, 2016                   98,750
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,682        1,599      12,281
CARCASS BASE PRICE             44.62            *       44.62
AVERAGE NET PRICE              45.91            *       45.91
LOWEST NET LOT                 38.13            *       38.13
HIGHEST NET LOT                50.17            *       50.17
AVERAGE LIVE WT               268.34            *      269.69
AVERAGE CARCASS WT            200.10            *      200.10
AVERAGE SORT LOSS              -1.25            *       -1.25
AVERAGE BACKFAT                 0.65            *        0.65
AVG LOIN DEPTH (LD)             2.26            *        2.26
LEA (LD Converted)              6.76            *        6.76
AVERAGE LEAN PERCENT           53.55            *       53.55
(Packer Buying Programs)
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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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