National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 7/31/2017

Past Market Reports

Report Date: 7/31/2017

LM_HG201
Des Moines, Iowa               Mon, Jul 31, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, July 28, 2017 and Saturday, July 29, 2017

Barrows and Gilts (Live and Carcass Basis): 458,055

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

HEAD COUNT                16,574   53,836   165,175   81,402      2,851  319,838
CARCASS BASE PRICE         84.53    76.23     85.01    85.94      84.44    83.71
AVERAGE NET PRICE          85.38    79.66     88.13    88.04      88.22    86.53
LOWEST NET LOT             77.29    67.76     72.43    69.83      83.15    72.89
HIGHEST NET LOT            92.15    91.30    103.14    96.73      90.23    95.71
AVERAGE LIVE WT           268.99   274.39    276.55   277.90     280.37   276.20
AVERAGE CARCASS WT        203.60   208.09    208.92   209.33     203.85   208.62
AVERAGE SORT LOSS          -2.42    -1.22     -1.38    -0.72      -0.97    -1.25
AVERAGE BACKFAT             0.63     0.62      0.63     0.69       0.63     0.64
AVG LOIN DEPTH (LD)         2.44     2.61      2.71     2.58       2.62     2.65
LEA (LD Converted)          7.34     7.86      8.14     7.75       7.86     7.97
AVERAGE LEAN PERCENT       55.16    56.11     56.07    55.83      56.50    56.00
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,127
CARCASS BASE PRICE                85.39
AVERAGE NET PRICE                 89.14
AVERAGE OF LOWEST NET LOTS        84.71
AVERAGE OF HIGHEST NET LOTS       94.58
AVERAGE LIVE WT                  268.31
AVERAGE CARCASS WT               200.25
AVERAGE SORT LOSS                 -1.21
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.57
LOINEYE AREA (LD Converted)        7.73
AVERAGE LEAN PERCENT              56.61
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      124,090
AVERAGE LIVE WT                  275.10
AVERAGE CARCASS WT               208.42
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.08
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.30 lbs carcass;  BF 0.65;  LD 2.61;  LEA 7.85;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $83.78
                    Wtd Avg Net Price        $86.64
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   July 31, 2017                      402,083
   August 01, 2017                    406,250
   August 02, 2017                    386,751
   August 03, 2017                    382,807
   August 04, 2017                    333,239
   August 05, 2017                     64,293
   August 06, 2017                     16,547
   August 07, 2017                     85,618
   August 08, 2017                    117,711
   August 09, 2017                    115,771
   August 10, 2017                    111,753
   August 11, 2017                    110,316
   August 12, 2017                     15,380
   August 13, 2017                     12,588
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    16,574        2,851      19,425
CARCASS BASE PRICE             84.53        84.44       84.52
AVERAGE NET PRICE              85.38        88.22       85.52
LOWEST NET LOT                 77.29        83.15       78.29
HIGHEST NET LOT                92.15        90.23       91.18
AVERAGE LIVE WT               268.99       280.37      271.05
AVERAGE CARCASS WT            203.60       203.85      203.61
AVERAGE SORT LOSS              -2.42        -0.97       -2.33
AVERAGE BACKFAT                 0.63         0.63        0.63
AVG LOIN DEPTH (LD)             2.44         2.62        2.46
LEA (LD Converted)              7.34         7.86        7.40
AVERAGE LEAN PERCENT           55.16        56.50       55.31
(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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