National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/21/2017

Past Market Reports

Report Date: 2/21/2017

LM_HG201
Des Moines, Iowa               Tue, Feb 21, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 20, 2017

Barrows and Gilts (Live and Carcass Basis): 395,794

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

HEAD COUNT                 7,673   41,305   139,261   73,938      2,616  264,793
CARCASS BASE PRICE         73.22    65.62     74.98    75.27          *    73.55
AVERAGE NET PRICE          74.64    67.65     77.61    77.31          *    75.89
LOWEST NET LOT             69.51    47.03     68.78    49.92          *    53.43
HIGHEST NET LOT            81.01    80.84     84.17    91.12          *    85.15
AVERAGE LIVE WT           281.71   283.73    281.80   276.66          *   280.52
AVERAGE CARCASS WT        208.02   213.15    212.73   207.59          *   211.18
AVERAGE SORT LOSS          -1.27    -1.66     -1.58    -0.81          *    -1.37
AVERAGE BACKFAT             0.69     0.69      0.63     0.67          *     0.65
AVG LOIN DEPTH (LD)         2.47     2.67      2.71     2.48          *     2.64
LEA (LD Converted)          7.43     8.04      8.14     7.45          *     7.93
AVERAGE LEAN PERCENT       54.70    55.84     56.12    55.66          *    55.93
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,009
CARCASS BASE PRICE                75.92
AVERAGE NET PRICE                 78.27
AVERAGE OF LOWEST NET LOTS        74.48
AVERAGE OF HIGHEST NET LOTS       79.66
AVERAGE LIVE WT                  272.81
AVERAGE CARCASS WT               204.17
AVERAGE SORT LOSS                 -1.28
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.50
LOINEYE AREA (LD Converted)        7.51
AVERAGE LEAN PERCENT              56.42
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      116,992
AVERAGE LIVE WT                  282.99
AVERAGE CARCASS WT               214.38
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.45
AVERAGE LEAN PERCENT              54.00
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.88 lbs carcass;  BF 0.65;  LD 2.58;  LEA 7.77;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $73.67
                    Wtd Avg Net Price        $76.02
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 21, 2017                  411,039
   February 22, 2017                  390,529
   February 23, 2017                  395,248
   February 24, 2017                  344,349
   February 25, 2017                   70,612
   February 26, 2017                   22,783
   February 27, 2017                  103,748
   February 28, 2017                  108,737
   March 01, 2017                     104,013
   March 02, 2017                     102,993
   March 03, 2017                      85,272
   March 04, 2017                       8,045
   March 05, 2017                      10,403
   March 06, 2017                      73,155
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,673        2,616      10,289
CARCASS BASE PRICE             73.22            *       73.22
AVERAGE NET PRICE              74.64            *       74.64
LOWEST NET LOT                 69.51            *       69.51
HIGHEST NET LOT                81.01            *       81.01
AVERAGE LIVE WT               281.71            *      277.32
AVERAGE CARCASS WT            208.02            *      208.70
AVERAGE SORT LOSS              -1.27            *       -1.30
AVERAGE BACKFAT                 0.69            *        0.69
AVG LOIN DEPTH (LD)             2.47            *        2.45
LEA (LD Converted)              7.43            *        7.36
AVERAGE LEAN PERCENT           54.70            *       54.63
(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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