National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/4/2017

Past Market Reports

Report Date: 8/4/2017

LM_HG201
Des Moines, Iowa               Fri, Aug 04, 2017                USDA Market News

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

Barrows and Gilts (Live and Carcass Basis): 398,928

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

HEAD COUNT                 9,820   48,882   143,118   68,968      2,243  273,031
CARCASS BASE PRICE         81.26    76.22     83.69    85.22      83.32    82.62
AVERAGE NET PRICE          83.56    79.30     86.61    86.64      84.50    85.19
LOWEST NET LOT             75.51    68.32     71.31    70.00      83.48    74.88
HIGHEST NET LOT            96.94    91.70     98.07   104.25      85.48    94.94
AVERAGE LIVE WT           261.69   275.14    275.61   275.62     270.69   275.02
AVERAGE CARCASS WT        196.62   207.98    208.25   208.03     210.55   207.78
AVERAGE SORT LOSS          -1.75    -1.00     -1.22    -1.07      -0.37    -1.16
AVERAGE BACKFAT             0.65     0.64      0.64     0.72       0.83     0.66
AVG LOIN DEPTH (LD)         2.28     2.60      2.71     2.56       2.64     2.65
LEA (LD Converted)          6.85     7.81      8.14     7.69       7.93     7.96
AVERAGE LEAN PERCENT       54.36    56.10     56.05    55.31      53.51    55.91
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,787
CARCASS BASE PRICE                83.27
AVERAGE NET PRICE                 86.41
AVERAGE OF LOWEST NET LOTS        81.22
AVERAGE OF HIGHEST NET LOTS       90.76
AVERAGE LIVE WT                  269.89
AVERAGE CARCASS WT               202.27
AVERAGE SORT LOSS                 -1.00
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.56
LOINEYE AREA (LD Converted)        7.67
AVERAGE LEAN PERCENT              56.73
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      115,110
AVERAGE LIVE WT                  274.13
AVERAGE CARCASS WT               208.15
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              54.07
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.73 lbs carcass;  BF 0.66;  LD 2.60;  LEA 7.83;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $82.64
                    Wtd Avg Net Price        $85.24
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 04, 2017                    369,599
   August 05, 2017                     62,613
   August 06, 2017                     35,537
   August 07, 2017                    294,004
   August 08, 2017                    346,121
   August 09, 2017                    340,009
   August 10, 2017                    340,865
   August 11, 2017                    316,545
   August 12, 2017                     80,465
   August 13, 2017                     15,918
   August 14, 2017                    114,976
   August 15, 2017                    122,301
   August 16, 2017                    116,839
   August 17, 2017                    114,070
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,820        2,243      12,063
CARCASS BASE PRICE             81.26        83.32       81.36
AVERAGE NET PRICE              83.56        84.50       83.60
LOWEST NET LOT                 75.51        83.48       81.75
HIGHEST NET LOT                96.94        85.48       86.73
AVERAGE LIVE WT               261.69       270.69      263.63
AVERAGE CARCASS WT            196.62       210.55      197.22
AVERAGE SORT LOSS              -1.75        -0.37       -1.66
AVERAGE BACKFAT                 0.65         0.83        0.66
AVG LOIN DEPTH (LD)             2.28         2.64        2.30
LEA (LD Converted)              6.85         7.93        6.91
AVERAGE LEAN PERCENT           54.36        53.51       54.31
(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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