National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/3/2017

Past Market Reports

Report Date: 3/3/2017

LM_HG201
Des Moines, Iowa               Fri, Mar 03, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, March 2, 2017

Barrows and Gilts (Live and Carcass Basis): 399,551

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

HEAD COUNT                 9,418   35,015   147,171   76,654      1,985  270,243
CARCASS BASE PRICE         68.77    64.66     70.51    72.67          *    70.32
AVERAGE NET PRICE          70.24    66.96     73.27    74.49          *    72.72
LOWEST NET LOT             62.69    47.07     60.60    56.73          *    55.94
HIGHEST NET LOT            76.63    81.90     85.73    89.90          *    83.11
AVERAGE LIVE WT           267.18   281.97    283.63   277.60          *   281.15
AVERAGE CARCASS WT        194.41   212.96    213.96   208.81          *   211.75
AVERAGE SORT LOSS          -1.97    -1.59     -1.66    -0.82          *    -1.43
AVERAGE BACKFAT             0.71     0.68      0.65     0.67          *     0.66
AVG LOIN DEPTH (LD)         2.20     2.68      2.75     2.52          *     2.66
LEA (LD Converted)          6.59     8.07      8.28     7.58          *     8.02
AVERAGE LEAN PERCENT       53.55    55.80     56.24    55.79          *    55.99
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,399
CARCASS BASE PRICE                71.26
AVERAGE NET PRICE                 73.87
AVERAGE OF LOWEST NET LOTS        68.97
AVERAGE OF HIGHEST NET LOTS       78.14
AVERAGE LIVE WT                  273.38
AVERAGE CARCASS WT               204.99
AVERAGE SORT LOSS                 -1.21
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.86
AVERAGE LEAN PERCENT              56.62
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      117,909
AVERAGE LIVE WT                  284.99
AVERAGE CARCASS WT               215.51
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.01
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.62 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.88;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $70.36
                    Wtd Avg Net Price        $72.77
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 03, 2017                     380,077
   March 04, 2017                     108,660
   March 05, 2017                      51,159
   March 06, 2017                     347,871
   March 07, 2017                     351,045
   March 08, 2017                     353,979
   March 09, 2017                     345,458
   March 10, 2017                     314,659
   March 11, 2017                      73,193
   March 12, 2017                      14,223
   March 13, 2017                      93,780
   March 14, 2017                      96,354
   March 15, 2017                      82,354
   March 16, 2017                      85,294
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,418        1,985      11,403
CARCASS BASE PRICE             68.77            *       68.77
AVERAGE NET PRICE              70.24            *       70.24
LOWEST NET LOT                 62.69            *       62.69
HIGHEST NET LOT                76.63            *       76.63
AVERAGE LIVE WT               267.18            *      269.58
AVERAGE CARCASS WT            194.41            *      195.92
AVERAGE SORT LOSS              -1.97            *       -1.85
AVERAGE BACKFAT                 0.71            *        0.71
AVG LOIN DEPTH (LD)             2.20            *        2.25
LEA (LD Converted)              6.59            *        6.73
AVERAGE LEAN PERCENT           53.55            *       53.86
(Packer Buying Programs)
--------------------------------------------------------------------------------
*Price not reported due to confidentiality, For more information visit:
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

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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