National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/4/2017

Past Market Reports

Report Date: 5/4/2017

LM_HG201
Des Moines, Iowa               Thu, May 04, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, May 3, 2017

Barrows and Gilts (Live and Carcass Basis): 409,962

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

HEAD COUNT                 8,433   44,606   137,805   83,445      1,813  276,102
CARCASS BASE PRICE         56.69    65.52     60.33    65.38          *    62.73
AVERAGE NET PRICE          59.04    68.50     63.14    66.94          *    65.13
LOWEST NET LOT             54.16    53.73     46.88    48.66          *    51.47
HIGHEST NET LOT            64.97    79.91     76.37    83.91          *    79.62
AVERAGE LIVE WT           278.59   280.60    281.27   279.53          *   280.45
AVERAGE CARCASS WT        204.37   212.03    211.94   209.86          *   211.10
AVERAGE SORT LOSS          -1.36    -1.62     -1.51    -1.04          *    -1.39
AVERAGE BACKFAT             0.68     0.64      0.65     0.67          *     0.65
AVG LOIN DEPTH (LD)         2.38     2.71      2.74     2.51          *     2.66
LEA (LD Converted)          7.16     8.14      8.25     7.55          *     8.00
AVERAGE LEAN PERCENT       53.57    56.10     56.19    55.68          *    55.94
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,270
CARCASS BASE PRICE                59.57
AVERAGE NET PRICE                 61.96
AVERAGE OF LOWEST NET LOTS        56.35
AVERAGE OF HIGHEST NET LOTS       63.29
AVERAGE LIVE WT                  271.01
AVERAGE CARCASS WT               203.80
AVERAGE SORT LOSS                 -1.32
AVERAGE BACKFAT                    0.61
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.91
AVERAGE LEAN PERCENT              56.50
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      119,590
AVERAGE LIVE WT                  281.09
AVERAGE CARCASS WT               213.41
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.07
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.48 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.87;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $62.57
                    Wtd Avg Net Price        $64.97
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 04, 2017                       407,873
   May 05, 2017                       350,070
   May 06, 2017                        93,961
   May 07, 2017                        49,097
   May 08, 2017                       238,968
   May 09, 2017                       250,617
   May 10, 2017                       247,748
   May 11, 2017                       237,322
   May 12, 2017                       202,252
   May 13, 2017                        17,119
   May 14, 2017                        15,043
   May 15, 2017                        77,119
   May 16, 2017                        85,442
   May 17, 2017                        81,067
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,433        1,813      10,246
CARCASS BASE PRICE             56.69            *       56.69
AVERAGE NET PRICE              59.04            *       59.04
LOWEST NET LOT                 54.16            *       54.16
HIGHEST NET LOT                64.97            *       64.97
AVERAGE LIVE WT               278.59            *      276.86
AVERAGE CARCASS WT            204.37            *      204.39
AVERAGE SORT LOSS              -1.36            *       -1.36
AVERAGE BACKFAT                 0.68            *        0.68
AVG LOIN DEPTH (LD)             2.38            *        2.38
LEA (LD Converted)              7.16            *        7.16
AVERAGE LEAN PERCENT           53.57            *       53.57
(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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