National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/16/2017

Past Market Reports

Report Date: 10/16/2017

LM_HG201
Des Moines, Iowa               Mon, Oct 16, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, October 13, 2017 and Saturday, October 14, 2017

Barrows and Gilts (Live and Carcass Basis): 625,127

                      NEGOTIATED    OTHER     SWINE    OTHER NEGOTIATED  TOTALS/
                                   MARKET   OR PORK PURCHASE    FORMULA  WTD AVG
                                  FORMULA    MARKET ARRGMENT
                                (FUT/OPT)** FORMULA
--------------------------------------------------------------------------------
Producer Sold:

HEAD COUNT                20,087   61,133   209,630  131,510      2,645  425,005
CARCASS BASE PRICE         52.61    60.50     58.73    63.57          *    60.27
AVERAGE NET PRICE          53.21    63.80     61.37    64.78          *    62.46
LOWEST NET LOT             46.63    51.80     48.70    50.56          *    49.72
HIGHEST NET LOT            64.62    72.94     74.00    78.51          *    74.58
AVERAGE LIVE WT           277.02   282.46    283.22   280.99          *   282.03
AVERAGE CARCASS WT        206.81   213.66    212.45   210.50          *   211.74
AVERAGE SORT LOSS          -2.01    -1.79     -1.55    -0.94          *    -1.42
AVERAGE BACKFAT             0.61     0.64      0.66     0.71          *     0.67
AVG LOIN DEPTH (LD)         2.39     2.77      2.73     2.50          *     2.66
LEA (LD Converted)          7.16     8.34      8.21     7.51          *     8.01
AVERAGE LEAN PERCENT       54.58    56.24     56.07    55.37          *    55.86
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       22,945
CARCASS BASE PRICE                57.54
AVERAGE NET PRICE                 59.81
AVERAGE OF LOWEST NET LOTS        51.71
AVERAGE OF HIGHEST NET LOTS       63.14
AVERAGE LIVE WT                  275.15
AVERAGE CARCASS WT               206.58
AVERAGE SORT LOSS                 -1.66
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.53
LOINEYE AREA (LD Converted)        7.60
AVERAGE LEAN PERCENT              56.37
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      177,177
AVERAGE LIVE WT                  282.34
AVERAGE CARCASS WT               212.92
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              54.03
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.89 lbs carcass;  BF 0.67;  LD 2.62;  LEA 7.88;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $60.13
                    Wtd Avg Net Price        $62.32
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 16, 2017                   421,974
   October 17, 2017                   400,695
   October 18, 2017                   387,045
   October 19, 2017                   383,756
   October 20, 2017                   360,509
   October 21, 2017                   138,235
   October 22, 2017                    16,793
   October 23, 2017                   109,148
   October 24, 2017                   117,683
   October 25, 2017                   116,567
   October 26, 2017                   112,770
   October 27, 2017                    99,903
   October 28, 2017                    24,894
   October 29, 2017                    18,903
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    20,087        2,645      22,732
CARCASS BASE PRICE             52.61            *       52.61
AVERAGE NET PRICE              53.21            *       53.21
LOWEST NET LOT                 46.63            *       46.63
HIGHEST NET LOT                64.62            *       64.62
AVERAGE LIVE WT               277.02            *      276.06
AVERAGE CARCASS WT            206.81            *      206.71
AVERAGE SORT LOSS              -2.01            *       -1.97
AVERAGE BACKFAT                 0.61            *        0.61
AVG LOIN DEPTH (LD)             2.39            *        2.39
LEA (LD Converted)              7.16            *        7.16
AVERAGE LEAN PERCENT           54.58            *       54.61
(Packer Buying Programs)
--------------------------------------------------------------------------------
*Price not reported due to confidentiality, For more information visit:
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

** Futures/Options
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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