National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/19/2017

Past Market Reports

Report Date: 4/19/2017

LM_HG201
Des Moines, Iowa               Wed, Apr 19, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, April 18, 2017

Barrows and Gilts (Live and Carcass Basis): 412,373

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

HEAD COUNT                 5,645   45,121   137,925   85,018      2,391  276,100
CARCASS BASE PRICE         55.34    64.00     59.31    64.76          *    61.83
AVERAGE NET PRICE          58.44    66.54     61.95    66.27          *    64.05
LOWEST NET LOT             49.73    51.16     48.79    54.81          *    52.78
HIGHEST NET LOT            64.46    81.37     74.02    83.56          *    78.43
AVERAGE LIVE WT           261.93   282.87    282.87   281.65          *   282.04
AVERAGE CARCASS WT        190.81   213.54    213.30   212.05          *   212.53
AVERAGE SORT LOSS          -1.47    -1.87     -1.68    -1.26          *    -1.59
AVERAGE BACKFAT             0.65     0.65      0.65     0.69          *     0.66
AVG LOIN DEPTH (LD)         2.29     2.69      2.72     2.56          *     2.66
LEA (LD Converted)          6.87     8.09      8.20     7.69          *     8.01
AVERAGE LEAN PERCENT       54.18    56.03     56.04    55.62          *    55.88
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,022
CARCASS BASE PRICE                58.89
AVERAGE NET PRICE                 61.19
AVERAGE OF LOWEST NET LOTS        55.90
AVERAGE OF HIGHEST NET LOTS       64.59
AVERAGE LIVE WT                  275.12
AVERAGE CARCASS WT               205.17
AVERAGE SORT LOSS                 -1.61
AVERAGE BACKFAT                    0.59
AVERAGE LOIN DEPTH (LD)            2.58
LOINEYE AREA (LD Converted)        7.74
AVERAGE LEAN PERCENT              56.59
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      123,251
AVERAGE LIVE WT                  282.09
AVERAGE CARCASS WT               215.39
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.09
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.04 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.87;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $61.70
                    Wtd Avg Net Price        $63.92
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 19, 2017                     413,960
   April 20, 2017                     379,098
   April 21, 2017                     372,233
   April 22, 2017                     180,107
   April 23, 2017                      39,676
   April 24, 2017                     187,019
   April 25, 2017                     195,219
   April 26, 2017                     193,096
   April 27, 2017                     182,743
   April 28, 2017                     157,786
   April 29, 2017                      34,807
   April 30, 2017                      13,253
   May 01, 2017                        96,504
   May 02, 2017                       100,840
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     5,645        2,391       8,036
CARCASS BASE PRICE             55.34            *       55.34
AVERAGE NET PRICE              58.44            *       58.44
LOWEST NET LOT                 49.73            *       49.73
HIGHEST NET LOT                64.46            *       64.46
AVERAGE LIVE WT               261.93            *      267.79
AVERAGE CARCASS WT            190.81            *      192.64
AVERAGE SORT LOSS              -1.47            *       -1.39
AVERAGE BACKFAT                 0.65            *        0.65
AVG LOIN DEPTH (LD)             2.29            *        2.31
LEA (LD Converted)              6.87            *        6.94
AVERAGE LEAN PERCENT           54.18            *       54.20
(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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