National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/23/2017

Past Market Reports

Report Date: 1/23/2017

LM_HG201
Des Moines, Iowa               Mon, Jan 23, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, January 20, 2017 and Saturday, January 21, 2017

Barrows and Gilts (Live and Carcass Basis): 669,301

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

HEAD COUNT                20,713   65,322   242,223  114,040      4,745  447,043
CARCASS BASE PRICE         61.52    60.05     64.91    67.34      65.68    64.66
AVERAGE NET PRICE          62.31    62.57     67.45    68.99      65.54    66.89
LOWEST NET LOT             53.77    44.14     42.63    49.36      61.37    50.35
HIGHEST NET LOT            72.96    76.74     79.76    85.33      67.58    77.70
AVERAGE LIVE WT           276.19   283.18    285.07   281.41     296.09   283.64
AVERAGE CARCASS WT        207.22   214.02    214.89   210.46     234.61   213.34
AVERAGE SORT LOSS          -1.81    -1.92     -1.77    -1.08      -1.40    -1.62
AVERAGE BACKFAT             0.68     0.66      0.65     0.68       0.80     0.66
AVG LOIN DEPTH (LD)         2.44     2.71      2.73     2.53       2.44     2.67
LEA (LD Converted)          7.31     8.14      8.22     7.60       7.33     8.02
AVERAGE LEAN PERCENT       54.38    56.03     56.17    55.91      52.89    56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       24,484
CARCASS BASE PRICE                64.92
AVERAGE NET PRICE                 67.06
AVERAGE OF LOWEST NET LOTS        58.46
AVERAGE OF HIGHEST NET LOTS       69.90
AVERAGE LIVE WT                  277.36
AVERAGE CARCASS WT               207.72
AVERAGE SORT LOSS                 -1.41
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.56
LOINEYE AREA (LD Converted)        7.68
AVERAGE LEAN PERCENT              56.04
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      197,774
AVERAGE LIVE WT                  290.39
AVERAGE CARCASS WT               220.37
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              54.07
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.19 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.87;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.67
                    Wtd Avg Net Price        $66.89
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 23, 2017                   410,725
   January 24, 2017                   386,616
   January 25, 2017                   391,194
   January 26, 2017                   390,903
   January 27, 2017                   371,302
   January 28, 2017                   121,917
   January 29, 2017                    18,413
   January 30, 2017                    93,092
   January 31, 2017                    98,572
   February 01, 2017                   98,427
   February 02, 2017                  101,587
   February 03, 2017                   95,235
   February 04, 2017                   19,687
   February 05, 2017                    9,858
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    20,713        4,745      25,458
CARCASS BASE PRICE             61.52        65.68       61.95
AVERAGE NET PRICE              62.31        65.54       62.61
LOWEST NET LOT                 53.77        61.37       59.73
HIGHEST NET LOT                72.96        67.58       68.66
AVERAGE LIVE WT               276.19       296.09      280.64
AVERAGE CARCASS WT            207.22       234.61      209.79
AVERAGE SORT LOSS              -1.81        -1.40       -1.76
AVERAGE BACKFAT                 0.68         0.80        0.69
AVG LOIN DEPTH (LD)             2.44         2.44        2.44
LEA (LD Converted)              7.31         7.33        7.31
AVERAGE LEAN PERCENT           54.38        52.89       54.01
(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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