National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/24/2017

Past Market Reports

Report Date: 3/24/2017

LM_HG201
Des Moines, Iowa               Fri, Mar 24, 2017                USDA Market News

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

Barrows and Gilts (Live and Carcass Basis): 402,558

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

HEAD COUNT                 9,632   41,708   141,348   77,669      1,326  271,683
CARCASS BASE PRICE         66.13    65.37     68.28    70.64          *    68.44
AVERAGE NET PRICE          67.47    68.68     70.81    72.35          *    70.83
LOWEST NET LOT             61.70    48.83     56.08    64.24          *    56.55
HIGHEST NET LOT            72.08    77.72     82.13    87.29          *    81.67
AVERAGE LIVE WT           272.07   282.34    284.14   280.32     273.86   282.29
AVERAGE CARCASS WT        203.29   213.41    214.19   211.17          *   212.84
AVERAGE SORT LOSS          -1.92    -1.67     -1.71    -0.98          *    -1.52
AVERAGE BACKFAT             0.69     0.64      0.65     0.68          *     0.66
AVG LOIN DEPTH (LD)         2.33     2.74      2.72     2.54          *     2.67
LEA (LD Converted)          7.00     8.24      8.20     7.63          *     8.04
AVERAGE LEAN PERCENT       54.50    56.20     56.04    55.74          *    55.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,161
CARCASS BASE PRICE                68.64
AVERAGE NET PRICE                 71.20
AVERAGE OF LOWEST NET LOTS        66.55
AVERAGE OF HIGHEST NET LOTS       74.12
AVERAGE LIVE WT                  274.04
AVERAGE CARCASS WT               205.73
AVERAGE SORT LOSS                 -1.25
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.59
LOINEYE AREA (LD Converted)        7.80
AVERAGE LEAN PERCENT              56.76
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      120,714
AVERAGE LIVE WT                  283.89
AVERAGE CARCASS WT               215.17
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.95
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.34 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.87;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $68.45
                    Wtd Avg Net Price        $70.84
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 24, 2017                     371,355
   March 25, 2017                     107,161
   March 26, 2017                      50,223
   March 27, 2017                     357,381
   March 28, 2017                     363,954
   March 29, 2017                     353,250
   March 30, 2017                     355,477
   March 31, 2017                     326,884
   April 01, 2017                      60,202
   April 02, 2017                      21,278
   April 03, 2017                     113,052
   April 04, 2017                     120,165
   April 05, 2017                     113,553
   April 06, 2017                     113,193
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,632        1,326      10,958
CARCASS BASE PRICE             66.13            *       66.13
AVERAGE NET PRICE              67.47            *       67.47
LOWEST NET LOT                 61.70            *       61.70
HIGHEST NET LOT                72.08            *       72.08
AVERAGE LIVE WT               272.07       273.86      272.33
AVERAGE CARCASS WT            203.29            *      203.69
AVERAGE SORT LOSS              -1.92            *       -1.88
AVERAGE BACKFAT                 0.69            *        0.69
AVG LOIN DEPTH (LD)             2.33            *        2.34
LEA (LD Converted)              7.00            *        7.04
AVERAGE LEAN PERCENT           54.50            *       54.53
(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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