National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/10/2017

Past Market Reports

Report Date: 4/10/2017

LM_HG201
Des Moines, Iowa               Mon, Apr 10, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, April 7, 2017 and Saturday, April 8, 2017

Barrows and Gilts (Live and Carcass Basis): 497,043

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

HEAD COUNT                13,905   46,941   176,903   89,194      3,073  330,016
CARCASS BASE PRICE         60.87    62.17     62.04    65.86      61.84    63.07
AVERAGE NET PRICE          61.65    65.28     65.10    67.51      63.00    65.64
LOWEST NET LOT             56.61    48.90     48.34    54.07      60.70    53.42
HIGHEST NET LOT            66.16    76.97     75.66    75.38      65.53    72.96
AVERAGE LIVE WT           270.57   284.72    283.57   282.43     281.73   282.98
AVERAGE CARCASS WT        202.94   215.71    214.28   212.63     220.01   213.57
AVERAGE SORT LOSS          -1.88    -2.07     -1.75    -1.05      -0.61    -1.63
AVERAGE BACKFAT             0.68     0.64      0.64     0.69       0.76     0.66
AVG LOIN DEPTH (LD)         2.34     2.76      2.76     2.57       2.49     2.70
LEA (LD Converted)          7.03     8.31      8.29     7.72       7.47     8.11
AVERAGE LEAN PERCENT       54.84    56.20     56.25    55.68      53.83    56.05
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,092
CARCASS BASE PRICE                62.32
AVERAGE NET PRICE                 65.17
AVERAGE OF LOWEST NET LOTS        61.21
AVERAGE OF HIGHEST NET LOTS       69.05
AVERAGE LIVE WT                  275.80
AVERAGE CARCASS WT               205.01
AVERAGE SORT LOSS                 -1.39
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.82
AVERAGE LEAN PERCENT              56.67
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      153,935
AVERAGE LIVE WT                  285.61
AVERAGE CARCASS WT               217.37
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.97
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.45 lbs carcass;  BF 0.66;  LD 2.64;  LEA 7.94;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $63.04
                    Wtd Avg Net Price        $65.63
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 10, 2017                     411,523
   April 11, 2017                     377,372
   April 12, 2017                     379,918
   April 13, 2017                     381,429
   April 14, 2017                     276,197
   April 15, 2017                      52,751
   April 16, 2017                       9,943
   April 17, 2017                      92,414
   April 18, 2017                     117,256
   April 19, 2017                     115,723
   April 20, 2017                     112,270
   April 21, 2017                     105,828
   April 22, 2017                      16,215
   April 23, 2017                      10,663
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    13,905        3,073      16,978
CARCASS BASE PRICE             60.87        61.84       60.97
AVERAGE NET PRICE              61.65        63.00       61.78
LOWEST NET LOT                 56.61        60.70       60.21
HIGHEST NET LOT                66.16        65.53       65.65
AVERAGE LIVE WT               270.57       281.73      273.13
AVERAGE CARCASS WT            202.94       220.01      204.52
AVERAGE SORT LOSS              -1.88        -0.61       -1.75
AVERAGE BACKFAT                 0.68         0.76        0.69
AVG LOIN DEPTH (LD)             2.34         2.49        2.37
LEA (LD Converted)              7.03         7.47        7.11
AVERAGE LEAN PERCENT           54.84        53.83       54.66
(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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