National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 9/25/2017

Past Market Reports

Report Date: 9/25/2017

LM_HG201
Des Moines, Iowa               Mon, Sep 25, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, September 22, 2017 and Saturday, September 23, 2017

Barrows and Gilts (Live and Carcass Basis): 632,189

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

HEAD COUNT                31,600   73,613   212,514  114,574      2,251  434,552
CARCASS BASE PRICE         55.40    61.49     54.57    62.29          *    57.91
AVERAGE NET PRICE          55.67    64.40     57.42    63.22          *    60.08
LOWEST NET LOT             41.53    49.15     44.07    47.79          *    46.90
HIGHEST NET LOT            66.08    79.79     75.20    77.36          *    74.40
AVERAGE LIVE WT           280.74   280.06    280.83   282.23          *   281.02
AVERAGE CARCASS WT        211.52   211.45    211.31   212.83          *   211.76
AVERAGE SORT LOSS          -2.22    -1.45     -1.39    -1.17          *    -1.41
AVERAGE BACKFAT             0.70     0.67      0.66     0.71          *     0.68
AVG LOIN DEPTH (LD)         2.48     2.67      2.72     2.55          *     2.66
LEA (LD Converted)          7.46     8.03      8.18     7.65          *     7.99
AVERAGE LEAN PERCENT       54.50    55.91     56.11    55.54          *    55.85
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       26,807
CARCASS BASE PRICE                53.68
AVERAGE NET PRICE                 55.80
AVERAGE OF LOWEST NET LOTS        48.25
AVERAGE OF HIGHEST NET LOTS       62.72
AVERAGE LIVE WT                  279.08
AVERAGE CARCASS WT               209.17
AVERAGE SORT LOSS                 -1.74
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.59
LOINEYE AREA (LD Converted)        7.79
AVERAGE LEAN PERCENT              56.26
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      170,830
AVERAGE LIVE WT                  281.22
AVERAGE CARCASS WT               213.07
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.16
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.99 lbs carcass;  BF 0.67;  LD 2.62;  LEA 7.87;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $57.65
                    Wtd Avg Net Price        $59.82
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 25, 2017                 424,727
   September 26, 2017                 399,116
   September 27, 2017                 404,506
   September 28, 2017                 392,332
   September 29, 2017                 377,949
   September 30, 2017                 174,372
   October 01, 2017                    31,228
   October 02, 2017                   145,667
   October 03, 2017                   147,990
   October 04, 2017                   143,402
   October 05, 2017                   138,287
   October 06, 2017                   120,244
   October 07, 2017                    26,532
   October 08, 2017                    21,573
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    31,600        2,251      33,851
CARCASS BASE PRICE             55.40            *       55.40
AVERAGE NET PRICE              55.67            *       55.67
LOWEST NET LOT                 41.53            *       41.53
HIGHEST NET LOT                66.08            *       66.08
AVERAGE LIVE WT               280.74            *      280.39
AVERAGE CARCASS WT            211.52            *      211.46
AVERAGE SORT LOSS              -2.22            *       -2.20
AVERAGE BACKFAT                 0.70            *        0.70
AVG LOIN DEPTH (LD)             2.48            *        2.48
LEA (LD Converted)              7.46            *        7.46
AVERAGE LEAN PERCENT           54.50            *       54.50
(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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