National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/5/2017

Past Market Reports

Report Date: 7/5/2017

LM_HG201
Des Moines, Iowa               Wed, Jul 05, 2017                USDA Market News

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

Barrows and Gilts (Live and Carcass Basis): 345,122

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

HEAD COUNT                 6,882   30,026   107,667   71,973          0  216,548
CARCASS BASE PRICE         85.67    80.05     89.66    90.15               88.38
AVERAGE NET PRICE          89.75    82.74     92.38    91.96               90.85
LOWEST NET LOT             84.09    69.75     83.18    68.69               77.03
HIGHEST NET LOT            94.06    93.95    106.86   106.54              101.69
AVERAGE LIVE WT           262.79   276.17    274.33   273.53              273.93
AVERAGE CARCASS WT        193.92   207.84    206.94   206.08              206.38
AVERAGE SORT LOSS          -1.69    -1.12     -1.27    -0.88               -1.13
AVERAGE BACKFAT             0.56     0.65      0.64     0.67                0.65
AVG LOIN DEPTH (LD)         2.30     2.60      2.66     2.57                2.61
LEA (LD Converted)          6.90     7.82      8.01     7.72                7.86
AVERAGE LEAN PERCENT       54.62    55.82     55.88    55.85               55.82
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,951
CARCASS BASE PRICE                89.43
AVERAGE NET PRICE                 91.61
AVERAGE OF LOWEST NET LOTS        86.63
AVERAGE OF HIGHEST NET LOTS       97.57
AVERAGE LIVE WT                  270.88
AVERAGE CARCASS WT               202.38
AVERAGE SORT LOSS                 -1.13
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.80
AVERAGE LEAN PERCENT              56.60
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      116,623
AVERAGE LIVE WT                  271.64
AVERAGE CARCASS WT               206.09
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.42
AVERAGE LEAN PERCENT              53.84
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
206.15 lbs carcass;  BF 0.66;  LD 2.55;  LEA 7.66;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $88.43
                    Wtd Avg Net Price        $90.89
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 05, 2017                      419,938
   July 06, 2017                      393,770
   July 07, 2017                      358,549
   July 08, 2017                      159,574
   July 09, 2017                       29,067
   July 10, 2017                      153,520
   July 11, 2017                      163,119
   July 12, 2017                      157,115
   July 13, 2017                      153,576
   July 14, 2017                      135,258
   July 15, 2017                       22,050
   July 16, 2017                       11,768
   July 17, 2017                       79,703
   July 18, 2017                       83,692
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     6,882            0       6,882
CARCASS BASE PRICE             85.67                    85.67
AVERAGE NET PRICE              89.75                    89.75
LOWEST NET LOT                 84.09                    84.09
HIGHEST NET LOT                94.06                    94.06
AVERAGE LIVE WT               262.79                   262.79
AVERAGE CARCASS WT            193.92                   193.92
AVERAGE SORT LOSS              -1.69                    -1.69
AVERAGE BACKFAT                 0.56                     0.56
AVG LOIN DEPTH (LD)             2.30                     2.30
LEA (LD Converted)              6.90                     6.90
AVERAGE LEAN PERCENT           54.62                    54.62
(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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