National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/3/2017

Past Market Reports

Report Date: 10/3/2017

LM_HG201
Des Moines, Iowa               Tue, Oct 03, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, October 2, 2017

Barrows and Gilts (Live and Carcass Basis): 403,640

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

HEAD COUNT                 9,923   55,200   127,021   72,247      2,837  267,228
CARCASS BASE PRICE         47.74    62.75     52.40    61.05          *    56.91
AVERAGE NET PRICE          49.33    65.25     55.23    62.24          *    59.18
LOWEST NET LOT             42.55    49.14     42.60    46.74          *    47.01
HIGHEST NET LOT            56.32    76.00     71.82    84.92          *    74.72
AVERAGE LIVE WT           273.17   276.21    277.24   279.72          *   277.56
AVERAGE CARCASS WT        202.06   207.82    208.16   209.87          *   208.38
AVERAGE SORT LOSS          -1.34    -1.44     -1.29    -1.03          *    -1.26
AVERAGE BACKFAT             0.68     0.66      0.63     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.40     2.62      2.72     2.59          *     2.66
LEA (LD Converted)          7.19     7.87      8.17     7.79          *     7.99
AVERAGE LEAN PERCENT       54.77    55.87     56.28    55.74          *    56.03
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,486
CARCASS BASE PRICE                50.31
AVERAGE NET PRICE                 52.09
AVERAGE OF LOWEST NET LOTS        47.80
AVERAGE OF HIGHEST NET LOTS       56.33
AVERAGE LIVE WT                  278.30
AVERAGE CARCASS WT               208.53
AVERAGE SORT LOSS                 -1.22
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.55
LOINEYE AREA (LD Converted)        7.66
AVERAGE LEAN PERCENT              56.52
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      123,926
AVERAGE LIVE WT                  277.27
AVERAGE CARCASS WT               209.61
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.06
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
208.76 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.87;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $56.60
                    Wtd Avg Net Price        $58.85
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 03, 2017                   434,511
   October 04, 2017                   410,647
   October 05, 2017                   405,922
   October 06, 2017                   383,626
   October 07, 2017                   191,111
   October 08, 2017                    37,228
   October 09, 2017                   162,993
   October 10, 2017                   180,805
   October 11, 2017                   165,316
   October 12, 2017                   164,292
   October 13, 2017                   143,454
   October 14, 2017                    42,913
   October 15, 2017                    18,503
   October 16, 2017                   100,800
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,923        2,837      12,760
CARCASS BASE PRICE             47.74            *       47.74
AVERAGE NET PRICE              49.33            *       49.33
LOWEST NET LOT                 42.55            *       42.55
HIGHEST NET LOT                56.32            *       56.32
AVERAGE LIVE WT               273.17            *      275.38
AVERAGE CARCASS WT            202.06            *      201.96
AVERAGE SORT LOSS              -1.34            *       -1.33
AVERAGE BACKFAT                 0.68            *        0.68
AVG LOIN DEPTH (LD)             2.40            *        2.41
LEA (LD Converted)              7.19            *        7.21
AVERAGE LEAN PERCENT           54.77            *       54.89
(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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