Report Date: 11/4/2016
LM_HG201 ***Resending with Corrections on Swine or Pork Market Formula***
Des Moines, Iowa Fri, Nov 04, 2016 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, November 3, 2016
Barrows and Gilts (Live and Carcass Basis): 407,263
NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/
MARKET OR PORK PURCHASE FORMULA WTD AVG
FORMULA MARKET ARRGMENT
FORMULA
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Producer Sold:
HEAD COUNT 11,193 36,682 150,176 71,467 2,343 271,861
CARCASS BASE PRICE 44.22 52.23 *48.56* 58.50 * 51.48
AVERAGE NET PRICE 45.71 54.46 51.28 59.38 * 53.65
LOWEST NET LOT 38.54 36.33 38.12 42.60 * 39.04
HIGHEST NET LOT 50.40 72.85 73.36 76.47 * 73.53
AVERAGE LIVE WT 271.62 280.97 280.20 281.37 * 280.17
AVERAGE CARCASS WT 200.96 212.80 211.22 210.57 * 210.87
AVERAGE SORT LOSS -1.12 -1.88 -1.43 -1.26 * -1.44
AVERAGE BACKFAT 0.70 0.66 0.65 0.71 * 0.67
AVG LOIN DEPTH (LD) 2.34 2.68 2.70 2.47 * 2.63
LEA (LD Converted) 7.01 8.04 8.11 7.42 * 7.89
AVERAGE LEAN PERCENT 54.07 55.95 55.85 55.27 * 55.65
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 18,895
CARCASS BASE PRICE 47.87
AVERAGE NET PRICE 50.46
AVERAGE OF LOWEST NET LOTS 46.25
AVERAGE OF HIGHEST NET LOTS 57.65
AVERAGE LIVE WT 278.23
AVERAGE CARCASS WT 208.83
AVERAGE SORT LOSS -1.31
AVERAGE BACKFAT 0.65
AVERAGE LOIN DEPTH (LD) 2.51
LOINEYE AREA (LD Converted) 7.53
AVERAGE LEAN PERCENT 55.64
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 116,507
AVERAGE LIVE WT 287.82
AVERAGE CARCASS WT 214.94
AVERAGE BACKFAT 0.74
AVERAGE LOIN DEPTH (LD) 2.40
AVERAGE LEAN PERCENT 53.16
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.96 lbs carcass; BF 0.68; LD 2.57; LEA 7.72; FFLI 53.00%
CARCASS-BASED PURCHASES:
Wtd Avg Base $51.29
Wtd Avg Net Price $53.44
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
November 04, 2016 411,749
November 05, 2016 238,688
November 06, 2016 49,397
November 07, 2016 355,045
November 08, 2016 342,116
November 09, 2016 337,765
November 10, 2016 336,074
November 11, 2016 287,629
November 12, 2016 153,206
November 13, 2016 19,958
November 14, 2016 94,983
November 15, 2016 103,219
November 16, 2016 101,474
November 17, 2016 98,104
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NEGOTIATED NEGOTIATED COMBINED
FORMULA
Producer Sold:
HEAD COUNT 11,193 2,343 13,536
CARCASS BASE PRICE 44.22 * 44.22
AVERAGE NET PRICE 45.71 * 45.71
LOWEST NET LOT 38.54 * 38.54
HIGHEST NET LOT 50.40 * 50.40
AVERAGE LIVE WT 271.62 * 271.65
AVERAGE CARCASS WT 200.96 * 201.02
AVERAGE SORT LOSS -1.12 * -1.12
AVERAGE BACKFAT 0.70 * 0.70
AVG LOIN DEPTH (LD) 2.34 * 2.34
LEA (LD Converted) 7.01 * 7.01
AVERAGE LEAN PERCENT 54.07 * 54.07
(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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