National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/29/2016

Past Market Reports

Report Date: 11/29/2016

LM_HG201
Des Moines, Iowa               Tue, Nov 29, 2016                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, November 28, 2016

Barrows and Gilts (Live and Carcass Basis): 407,555

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

HEAD COUNT                 9,951   33,401   154,085   75,502      1,974  274,913
CARCASS BASE PRICE         41.05    51.06     45.82    56.83          *    49.55
AVERAGE NET PRICE          42.35    53.58     48.29    58.18          *    51.62
LOWEST NET LOT             30.96    33.85     33.88    34.14          *    33.32
HIGHEST NET LOT            50.04    71.65     75.74    89.32          *    75.11
AVERAGE LIVE WT           269.84   278.88    282.10   276.66          *   279.70
AVERAGE CARCASS WT        200.20   211.10    211.86   207.51          *   210.21
AVERAGE SORT LOSS          -1.26    -1.98     -1.63    -1.00          *    -1.50
AVERAGE BACKFAT             0.64     0.62      0.66     0.68          *     0.66
AVG LOIN DEPTH (LD)         2.24     2.70      2.67     2.50          *     2.62
LEA (LD Converted)          6.72     8.13      8.04     7.52          *     7.88
AVERAGE LEAN PERCENT       53.88    56.06     55.93    55.60          *    55.80
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       20,429
CARCASS BASE PRICE                45.88
AVERAGE NET PRICE                 47.92
AVERAGE OF LOWEST NET LOTS        39.76
AVERAGE OF HIGHEST NET LOTS       53.20
AVERAGE LIVE WT                  277.61
AVERAGE CARCASS WT               208.60
AVERAGE SORT LOSS                 -1.42
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.47
LOINEYE AREA (LD Converted)        7.42
AVERAGE LEAN PERCENT              55.53
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      112,213
AVERAGE LIVE WT                  285.45
AVERAGE CARCASS WT               214.16
AVERAGE BACKFAT                    0.72
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.54
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.24 lbs carcass;  BF 0.67;  LD 2.58;  LEA 7.75;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $49.35
                    Wtd Avg Net Price        $51.36
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 29, 2016                  418,426
   November 30, 2016                  397,183
   December 01, 2016                  388,205
   December 02, 2016                  389,931
   December 03, 2016                  238,274
   December 04, 2016                   32,479
   December 05, 2016                  166,935
   December 06, 2016                  173,194
   December 07, 2016                  156,667
   December 08, 2016                  150,032
   December 09, 2016                  145,810
   December 10, 2016                   39,510
   December 11, 2016                   11,048
   December 12, 2016                   93,620
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,951        1,974      11,925
CARCASS BASE PRICE             41.05            *       41.05
AVERAGE NET PRICE              42.35            *       42.35
LOWEST NET LOT                 30.96            *       30.96
HIGHEST NET LOT                50.04            *       50.04
AVERAGE LIVE WT               269.84            *      272.76
AVERAGE CARCASS WT            200.20            *      200.92
AVERAGE SORT LOSS              -1.26            *       -1.30
AVERAGE BACKFAT                 0.64            *        0.64
AVG LOIN DEPTH (LD)             2.24            *        2.25
LEA (LD Converted)              6.72            *        6.75
AVERAGE LEAN PERCENT           53.88            *       53.85
(Packer Buying Programs)


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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