National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 4/25/2017

Past Market Reports

Report Date: 4/25/2017

LM_HG201
Des Moines, Iowa               Tue, Apr 25, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, April 24, 2017

Barrows and Gilts (Live and Carcass Basis): 406,083

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

HEAD COUNT                 6,500   43,043   133,431   84,751      4,191  271,916
CARCASS BASE PRICE         54.28    64.51     57.56    64.26          *    60.84
AVERAGE NET PRICE          57.11    67.06     60.15    65.91          *    63.08
LOWEST NET LOT             49.01    56.72     37.83    51.47          *    51.66
HIGHEST NET LOT            62.58    80.99     74.41    82.20          *    78.65
AVERAGE LIVE WT           261.06   280.59    282.53   281.10     285.25   281.30
AVERAGE CARCASS WT        195.37   212.07    213.13   211.61          *   212.06
AVERAGE SORT LOSS          -1.20    -1.83     -1.67    -1.05          *    -1.50
AVERAGE BACKFAT             0.63     0.65      0.64     0.67          *     0.65
AVG LOIN DEPTH (LD)         2.36     2.70      2.75     2.56          *     2.67
LEA (LD Converted)          7.09     8.10      8.26     7.68          *     8.03
AVERAGE LEAN PERCENT       54.56    55.92     56.17    55.81          *    55.98
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,679
CARCASS BASE PRICE                56.54
AVERAGE NET PRICE                 58.60
AVERAGE OF LOWEST NET LOTS        55.38
AVERAGE OF HIGHEST NET LOTS       61.21
AVERAGE LIVE WT                  276.59
AVERAGE CARCASS WT               207.82
AVERAGE SORT LOSS                 -1.44
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.53
LOINEYE AREA (LD Converted)        7.60
AVERAGE LEAN PERCENT              56.40
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      121,488
AVERAGE LIVE WT                  281.77
AVERAGE CARCASS WT               214.53
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.20
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.65 lbs carcass;  BF 0.66;  LD 2.63;  LEA 7.90;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $60.63
                    Wtd Avg Net Price        $62.87
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 25, 2017                     411,262
   April 26, 2017                     391,976
   April 27, 2017                     384,228
   April 28, 2017                     348,100
   April 29, 2017                      76,234
   April 30, 2017                      25,628
   May 01, 2017                       136,798
   May 02, 2017                       149,007
   May 03, 2017                       146,029
   May 04, 2017                       128,749
   May 05, 2017                       119,922
   May 06, 2017                        13,430
   May 07, 2017                        12,228
   May 08, 2017                        93,035
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     6,500        4,191      10,691
CARCASS BASE PRICE             54.28            *       54.28
AVERAGE NET PRICE              57.11            *       57.11
LOWEST NET LOT                 49.01            *       49.01
HIGHEST NET LOT                62.58            *       62.58
AVERAGE LIVE WT               261.06       285.25      271.34
AVERAGE CARCASS WT            195.37            *      195.71
AVERAGE SORT LOSS              -1.20            *       -1.18
AVERAGE BACKFAT                 0.63            *        0.63
AVG LOIN DEPTH (LD)             2.36            *        2.36
LEA (LD Converted)              7.09            *        7.10
AVERAGE LEAN PERCENT           54.56            *       54.54
(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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