National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 3/16/2017

Past Market Reports

Report Date: 3/16/2017

LM_HG201
Des Moines, Iowa               Thu, Mar 16, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, March 15, 2017

Barrows and Gilts (Live and Carcass Basis): 411,080

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

HEAD COUNT                 8,085   35,205   138,311   93,338      2,675  277,614
CARCASS BASE PRICE         66.88    65.05     69.53    71.26          *    69.48
AVERAGE NET PRICE          68.07    67.81     71.92    73.50          *    71.83
LOWEST NET LOT             60.59    52.75     55.98    58.96          *    57.13
HIGHEST NET LOT            73.03    76.42     84.10    86.62          *    81.34
AVERAGE LIVE WT           259.70   281.14    282.62   279.50     284.92   280.79
AVERAGE CARCASS WT        197.24   213.10    213.05   210.26          *   211.65
AVERAGE SORT LOSS          -2.42    -1.79     -1.62    -1.26          *    -1.54
AVERAGE BACKFAT             0.66     0.66      0.66     0.64          *     0.65
AVG LOIN DEPTH (LD)         2.33     2.71      2.71     2.62          *     2.67
LEA (LD Converted)          6.99     8.14      8.15     7.89          *     8.03
AVERAGE LEAN PERCENT       54.36    55.99     55.96    56.13          *    55.98
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,276
CARCASS BASE PRICE                69.56
AVERAGE NET PRICE                 72.67
AVERAGE OF LOWEST NET LOTS        70.03
AVERAGE OF HIGHEST NET LOTS       76.18
AVERAGE LIVE WT                  273.74
AVERAGE CARCASS WT               204.59
AVERAGE SORT LOSS                 -1.07
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.06
AVERAGE LEAN PERCENT              57.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      123,190
AVERAGE LIVE WT                  285.00
AVERAGE CARCASS WT               216.93
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.99
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.98 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.89;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $69.48
                    Wtd Avg Net Price        $71.86
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 16, 2017                     409,026
   March 17, 2017                     356,125
   March 18, 2017                     120,099
   March 19, 2017                      43,067
   March 20, 2017                     239,487
   March 21, 2017                     250,261
   March 22, 2017                     251,864
   March 23, 2017                     244,359
   March 24, 2017                     217,353
   March 25, 2017                      51,271
   March 26, 2017                      19,403
   March 27, 2017                     101,459
   March 28, 2017                     109,036
   March 29, 2017                     102,847
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,085        2,675      10,760
CARCASS BASE PRICE             66.88            *       66.88
AVERAGE NET PRICE              68.07            *       68.07
LOWEST NET LOT                 60.59            *       60.59
HIGHEST NET LOT                73.03            *       73.03
AVERAGE LIVE WT               259.70       284.92      267.08
AVERAGE CARCASS WT            197.24            *      198.51
AVERAGE SORT LOSS              -2.42            *       -2.31
AVERAGE BACKFAT                 0.66            *        0.67
AVG LOIN DEPTH (LD)             2.33            *        2.35
LEA (LD Converted)              6.99            *        7.05
AVERAGE LEAN PERCENT           54.36            *       54.43
(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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