National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 8/24/2017

Past Market Reports

Report Date: 8/24/2017

LM_HG201
Des Moines, Iowa               Thu, Aug 24, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, August 23, 2017

Barrows and Gilts (Live and Carcass Basis): 414,779

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

HEAD COUNT                10,446   42,519   158,046   66,159      3,117  280,287
CARCASS BASE PRICE         74.42    69.19     76.01    79.02          *    75.61
AVERAGE NET PRICE          76.11    72.08     78.92    80.47          *    78.14
LOWEST NET LOT             67.64    56.37     67.54    65.01          *    64.37
HIGHEST NET LOT            83.30    91.83     92.82    92.84          *    90.32
AVERAGE LIVE WT           268.07   274.53    276.44   278.30          *   276.09
AVERAGE CARCASS WT        199.12   207.33    208.47   209.81          *   208.33
AVERAGE SORT LOSS          -1.76    -0.97     -1.31    -0.99          *    -1.20
AVERAGE BACKFAT             0.58     0.63      0.65     0.72          *     0.66
AVG LOIN DEPTH (LD)         2.38     2.61      2.74     2.57          *     2.68
LEA (LD Converted)          7.15     7.85      8.23     7.71          *     8.04
AVERAGE LEAN PERCENT       54.53    56.07     56.24    55.28          *    56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,511
CARCASS BASE PRICE                75.19
AVERAGE NET PRICE                 77.87
AVERAGE OF LOWEST NET LOTS        70.77
AVERAGE OF HIGHEST NET LOTS       79.04
AVERAGE LIVE WT                  270.59
AVERAGE CARCASS WT               203.65
AVERAGE SORT LOSS                 -1.21
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.59
LOINEYE AREA (LD Converted)        7.76
AVERAGE LEAN PERCENT              56.98
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      121,981
AVERAGE LIVE WT                  275.45
AVERAGE CARCASS WT               208.30
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.11
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.18 lbs carcass;  BF 0.66;  LD 2.63;  LEA 7.89;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $75.59
                    Wtd Avg Net Price        $78.13
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   August 24, 2017                    420,755
   August 25, 2017                    358,432
   August 26, 2017                    114,305
   August 27, 2017                     39,419
   August 28, 2017                    242,173
   August 29, 2017                    249,816
   August 30, 2017                    250,155
   August 31, 2017                    246,843
   September 01, 2017                 226,405
   September 02, 2017                  41,914
   September 03, 2017                   3,040
   September 04, 2017                  38,063
   September 05, 2017                 122,694
   September 06, 2017                 121,106
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,446        3,117      13,563
CARCASS BASE PRICE             74.42            *       74.42
AVERAGE NET PRICE              76.11            *       76.11
LOWEST NET LOT                 67.64            *       67.64
HIGHEST NET LOT                83.30            *       83.30
AVERAGE LIVE WT               268.07            *      267.71
AVERAGE CARCASS WT            199.12            *      198.88
AVERAGE SORT LOSS              -1.76            *       -1.78
AVERAGE BACKFAT                 0.58            *        0.58
AVG LOIN DEPTH (LD)             2.38            *        2.38
LEA (LD Converted)              7.15            *        7.13
AVERAGE LEAN PERCENT           54.53            *       54.61
(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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