National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/24/2017

Past Market Reports

Report Date: 1/24/2017

LM_HG201
Des Moines, Iowa               Tue, Jan 24, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, January 23, 2017

Barrows and Gilts (Live and Carcass Basis): 390,958

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

HEAD COUNT                 7,255   41,132   134,817   74,677      3,191  261,072
CARCASS BASE PRICE         62.83    60.96     65.21    68.37      65.60    65.38
AVERAGE NET PRICE          64.88    63.54     67.68    69.84      65.84    67.58
LOWEST NET LOT             55.09    47.18     57.87    50.58      64.82    54.75
HIGHEST NET LOT            69.41    74.21     80.25    81.07      67.25    75.02
AVERAGE LIVE WT           270.25   279.88    282.57   280.75     285.18   281.32
AVERAGE CARCASS WT        200.96   211.02    213.62   210.28     221.81   211.94
AVERAGE SORT LOSS          -1.15    -1.62     -1.61    -1.18      -0.54    -1.48
AVERAGE BACKFAT             0.69     0.66      0.65     0.69       0.80     0.66
AVG LOIN DEPTH (LD)         2.37     2.67      2.71     2.51       2.37     2.64
LEA (LD Converted)          7.12     8.03      8.14     7.53       7.12     7.93
AVERAGE LEAN PERCENT       54.21    55.86     56.06    55.53      52.55    55.84
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,164
CARCASS BASE PRICE                65.32
AVERAGE NET PRICE                 67.31
AVERAGE OF LOWEST NET LOTS        61.70
AVERAGE OF HIGHEST NET LOTS       67.78
AVERAGE LIVE WT                  276.60
AVERAGE CARCASS WT               206.43
AVERAGE SORT LOSS                 -1.66
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.53
LOINEYE AREA (LD Converted)        7.61
AVERAGE LEAN PERCENT              56.26
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      115,722
AVERAGE LIVE WT                  286.00
AVERAGE CARCASS WT               216.93
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.45
AVERAGE LEAN PERCENT              54.07
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.24 lbs carcass;  BF 0.66;  LD 2.59;  LEA 7.78;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.38
                    Wtd Avg Net Price        $67.57
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 24, 2017                   393,672
   January 25, 2017                   383,680
   January 26, 2017                   385,026
   January 27, 2017                   372,339
   January 28, 2017                   124,480
   January 29, 2017                    21,378
   January 30, 2017                   111,498
   January 31, 2017                   114,733
   February 01, 2017                  123,305
   February 02, 2017                  122,622
   February 03, 2017                  118,686
   February 04, 2017                   29,727
   February 05, 2017                    9,858
   February 06, 2017                   77,960
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,255        3,191      10,446
CARCASS BASE PRICE             62.83        65.60       63.05
AVERAGE NET PRICE              64.88        65.84       64.95
LOWEST NET LOT                 55.09        64.82       64.21
HIGHEST NET LOT                69.41        67.25       68.93
AVERAGE LIVE WT               270.25       285.18      275.20
AVERAGE CARCASS WT            200.96       221.81      202.44
AVERAGE SORT LOSS              -1.15        -0.54       -1.10
AVERAGE BACKFAT                 0.69         0.80        0.70
AVG LOIN DEPTH (LD)             2.37         2.37        2.37
LEA (LD Converted)              7.12         7.12        7.12
AVERAGE LEAN PERCENT           54.21        52.55       54.03
(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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