National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/8/2017

Past Market Reports

Report Date: 5/8/2017

LM_HG201
Des Moines, Iowa               Mon, May 08, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, May 5, 2017 and Saturday, May 6, 2017

Barrows and Gilts (Live and Carcass Basis): 513,155

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

HEAD COUNT                13,159   51,601   157,506  105,201      1,959  329,426
CARCASS BASE PRICE         57.84    67.69     63.07    66.55          *    64.78
AVERAGE NET PRICE          60.07    70.76     65.72    68.16          *    67.12
LOWEST NET LOT             50.47    54.14     54.69    50.51          *    52.84
HIGHEST NET LOT            69.73    80.47     76.18    79.89          *    77.04
AVERAGE LIVE WT           274.58   282.42    284.03   282.92     279.63   283.01
AVERAGE CARCASS WT        204.76   213.77    213.69   212.24          *   212.88
AVERAGE SORT LOSS          -1.57    -1.81     -1.72    -0.92          *    -1.48
AVERAGE BACKFAT             0.63     0.65      0.65     0.69          *     0.66
AVG LOIN DEPTH (LD)         2.47     2.72      2.73     2.53          *     2.66
LEA (LD Converted)          7.42     8.19      8.21     7.61          *     8.00
AVERAGE LEAN PERCENT       55.30    56.11     56.02    55.80          *    55.95
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,415
CARCASS BASE PRICE                62.62
AVERAGE NET PRICE                 65.68
AVERAGE OF LOWEST NET LOTS        57.48
AVERAGE OF HIGHEST NET LOTS       68.29
AVERAGE LIVE WT                  274.15
AVERAGE CARCASS WT               204.81
AVERAGE SORT LOSS                 -1.38
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.59
LOINEYE AREA (LD Converted)        7.78
AVERAGE LEAN PERCENT              56.42
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      166,314
AVERAGE LIVE WT                  284.33
AVERAGE CARCASS WT               215.74
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              53.81
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.53 lbs carcass;  BF 0.67;  LD 2.60;  LEA 7.80;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.66
                    Wtd Avg Net Price        $67.05
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 08, 2017                       401,731
   May 09, 2017                       392,753
   May 10, 2017                       389,449
   May 11, 2017                       379,505
   May 12, 2017                       338,280
   May 13, 2017                        55,516
   May 14, 2017                        30,378
   May 15, 2017                        95,154
   May 16, 2017                       104,552
   May 17, 2017                        98,129
   May 18, 2017                       100,136
   May 19, 2017                        88,988
   May 20, 2017                           175
   May 21, 2017                        11,683
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    13,159        1,959      15,118
CARCASS BASE PRICE             57.84            *       57.84
AVERAGE NET PRICE              60.07            *       60.07
LOWEST NET LOT                 50.47            *       50.47
HIGHEST NET LOT                69.73            *       69.73
AVERAGE LIVE WT               274.58       279.63      275.29
AVERAGE CARCASS WT            204.76            *      204.47
AVERAGE SORT LOSS              -1.57            *       -1.56
AVERAGE BACKFAT                 0.63            *        0.63
AVG LOIN DEPTH (LD)             2.47            *        2.47
LEA (LD Converted)              7.42            *        7.41
AVERAGE LEAN PERCENT           55.30            *       55.31
(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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