National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 9/28/2017

Past Market Reports

Report Date: 9/28/2017

LM_HG201
Des Moines, Iowa               Thu, Sep 28, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, September 27, 2017

Barrows and Gilts (Live and Carcass Basis): 413,948

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

HEAD COUNT                10,303   35,687   140,248   82,656      2,216  271,110
CARCASS BASE PRICE         49.97    59.74     52.67    62.62          *    56.64
AVERAGE NET PRICE          51.40    63.22     55.48    63.91          *    59.03
LOWEST NET LOT             42.35    46.89     42.54    46.54          *    44.30
HIGHEST NET LOT            62.07    81.34     73.08    84.23          *    79.10
AVERAGE LIVE WT           267.91   278.58    279.84   279.90          *   279.28
AVERAGE CARCASS WT        200.59   210.72    210.16   210.28          *   209.93
AVERAGE SORT LOSS          -1.17    -1.49     -1.40    -1.00          *    -1.29
AVERAGE BACKFAT             0.68     0.64      0.65     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.33     2.74      2.73     2.52          *     2.66
LEA (LD Converted)          7.00     8.24      8.21     7.58          *     8.01
AVERAGE LEAN PERCENT       53.96    56.00     56.17    55.53          *    55.90
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,506
CARCASS BASE PRICE                51.82
AVERAGE NET PRICE                 53.81
AVERAGE OF LOWEST NET LOTS        45.27
AVERAGE OF HIGHEST NET LOTS       57.39
AVERAGE LIVE WT                  279.83
AVERAGE CARCASS WT               210.40
AVERAGE SORT LOSS                 -1.99
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.97
AVERAGE LEAN PERCENT              56.67
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      127,332
AVERAGE LIVE WT                  279.26
AVERAGE CARCASS WT               211.98
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.17
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
210.54 lbs carcass;  BF 0.67;  LD 2.63;  LEA 7.90;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.38
                    Wtd Avg Net Price        $58.74
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   September 28, 2017                 431,544
   September 29, 2017                 386,253
   September 30, 2017                 192,184
   October 01, 2017                    49,389
   October 02, 2017                   244,241
   October 03, 2017                   248,487
   October 04, 2017                   246,925
   October 05, 2017                   248,274
   October 06, 2017                   226,650
   October 07, 2017                    97,744
   October 08, 2017                    22,083
   October 09, 2017                   118,402
   October 10, 2017                   132,963
   October 11, 2017                   130,452
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,303        2,216      12,519
CARCASS BASE PRICE             49.97            *       49.97
AVERAGE NET PRICE              51.40            *       51.40
LOWEST NET LOT                 42.35            *       42.35
HIGHEST NET LOT                62.07            *       62.07
AVERAGE LIVE WT               267.91            *      270.88
AVERAGE CARCASS WT            200.59            *      200.96
AVERAGE SORT LOSS              -1.17            *       -1.15
AVERAGE BACKFAT                 0.68            *        0.68
AVG LOIN DEPTH (LD)             2.33            *        2.33
LEA (LD Converted)              7.00            *        7.01
AVERAGE LEAN PERCENT           53.96            *       53.92
(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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