National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/17/2017

Past Market Reports

Report Date: 7/17/2017

LM_HG201
Des Moines, Iowa               Mon, Jul 17, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, July 14, 2017 and Saturday, July 15, 2017

Barrows and Gilts (Live and Carcass Basis): 408,248

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

HEAD COUNT                10,378   40,580   146,181   84,690      1,275  283,104
CARCASS BASE PRICE         86.97    81.85     89.59    88.39          *    88.03
AVERAGE NET PRICE          88.55    85.23     92.61    90.46          *    90.78
LOWEST NET LOT             82.41    65.59     77.12    73.28          *    72.58
HIGHEST NET LOT            94.21    96.37    101.49   100.49          *    99.14
AVERAGE LIVE WT           270.18   277.45    276.76   277.93          *   276.96
AVERAGE CARCASS WT        201.50   210.46    209.23   209.74          *   209.30
AVERAGE SORT LOSS          -2.91    -1.45     -1.42    -0.83          *    -1.32
AVERAGE BACKFAT             0.54     0.63      0.64     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.40     2.71      2.72     2.52          *     2.66
LEA (LD Converted)          7.22     8.16      8.17     7.56          *     7.99
AVERAGE LEAN PERCENT       54.73    56.09     56.13    55.67          *    55.98
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,491
CARCASS BASE PRICE                89.65
AVERAGE NET PRICE                 93.18
AVERAGE OF LOWEST NET LOTS        89.42
AVERAGE OF HIGHEST NET LOTS       97.85
AVERAGE LIVE WT                  263.23
AVERAGE CARCASS WT               198.79
AVERAGE SORT LOSS                 -0.89
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.54
LOINEYE AREA (LD Converted)        7.64
AVERAGE LEAN PERCENT              56.57
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      110,653
AVERAGE LIVE WT                  274.92
AVERAGE CARCASS WT               208.80
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.26
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.78 lbs carcass;  BF 0.65;  LD 2.62;  LEA 7.86;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $88.11
                    Wtd Avg Net Price        $90.90
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 17, 2017                      385,852
   July 18, 2017                      390,070
   July 19, 2017                      376,143
   July 20, 2017                      374,013
   July 21, 2017                      335,665
   July 22, 2017                       30,854
   July 23, 2017                       18,874
   July 24, 2017                       94,335
   July 25, 2017                      121,880
   July 26, 2017                      122,091
   July 27, 2017                      118,673
   July 28, 2017                      107,845
   July 29, 2017                       17,454
   July 30, 2017                       13,923
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,378        1,275      11,653
CARCASS BASE PRICE             86.97            *       86.97
AVERAGE NET PRICE              88.55            *       88.55
LOWEST NET LOT                 82.41            *       82.41
HIGHEST NET LOT                94.21            *       94.21
AVERAGE LIVE WT               270.18            *      271.03
AVERAGE CARCASS WT            201.50            *      201.57
AVERAGE SORT LOSS              -2.91            *       -2.80
AVERAGE BACKFAT                 0.54            *        0.55
AVG LOIN DEPTH (LD)             2.40            *        2.41
LEA (LD Converted)              7.22            *        7.24
AVERAGE LEAN PERCENT           54.73            *       54.83
(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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