National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/27/2017

Past Market Reports

Report Date: 3/27/2017

LM_HG201
Des Moines, Iowa               Mon, Mar 27, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, March 24, 2017 and Saturday, March 25, 2017

Barrows and Gilts (Live and Carcass Basis): 513,532

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

HEAD COUNT                14,718   57,168   169,871   98,090      2,130  341,977
CARCASS BASE PRICE         66.38    63.36     67.64    70.01          *    67.54
AVERAGE NET PRICE          67.64    66.86     70.14    71.65          *    69.92
LOWEST NET LOT             60.11    48.99     56.69    54.88          *    54.55
HIGHEST NET LOT            72.46    77.63     79.05    78.07          *    78.15
AVERAGE LIVE WT           274.18   282.91    283.40   281.67     267.57   282.33
AVERAGE CARCASS WT        206.58   214.15    213.93   211.99          *   213.08
AVERAGE SORT LOSS          -2.32    -1.98     -1.73    -1.12          *    -1.65
AVERAGE BACKFAT             0.64     0.61      0.63     0.68          *     0.64
AVG LOIN DEPTH (LD)         2.48     2.81      2.74     2.53          *     2.69
LEA (LD Converted)          7.44     8.45      8.24     7.60          *     8.09
AVERAGE LEAN PERCENT       55.41    56.62     56.14    55.65          *    56.09
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,315
CARCASS BASE PRICE                68.00
AVERAGE NET PRICE                 70.86
AVERAGE OF LOWEST NET LOTS        67.49
AVERAGE OF HIGHEST NET LOTS       72.63
AVERAGE LIVE WT                  273.28
AVERAGE CARCASS WT               205.15
AVERAGE SORT LOSS                 -1.23
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.59
LOINEYE AREA (LD Converted)        7.77
AVERAGE LEAN PERCENT              56.58
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      158,240
AVERAGE LIVE WT                  286.28
AVERAGE CARCASS WT               217.01
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              53.93
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.11 lbs carcass;  BF 0.64;  LD 2.63;  LEA 7.91;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $67.56
                    Wtd Avg Net Price        $69.95
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 27, 2017                     406,285
   March 28, 2017                     404,814
   March 29, 2017                     383,948
   March 30, 2017                     379,102
   March 31, 2017                     351,069
   April 01, 2017                      78,803
   April 02, 2017                      21,423
   April 03, 2017                     116,277
   April 04, 2017                     124,560
   April 05, 2017                     117,295
   April 06, 2017                     116,128
   April 07, 2017                     108,895
   April 08, 2017                         715
   April 09, 2017                      13,078
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    14,718        2,130      16,848
CARCASS BASE PRICE             66.38            *       66.38
AVERAGE NET PRICE              67.64            *       67.64
LOWEST NET LOT                 60.11            *       60.11
HIGHEST NET LOT                72.46            *       72.46
AVERAGE LIVE WT               274.18       267.57      273.25
AVERAGE CARCASS WT            206.58            *      206.36
AVERAGE SORT LOSS              -2.32            *       -2.31
AVERAGE BACKFAT                 0.64            *        0.64
AVG LOIN DEPTH (LD)             2.48            *        2.48
LEA (LD Converted)              7.44            *        7.43
AVERAGE LEAN PERCENT           55.41            *       55.42
(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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