National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/20/2017

Past Market Reports

Report Date: 10/20/2017

LM_HG201
Des Moines, Iowa               Fri, Oct 20, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, October 19, 2017

Barrows and Gilts (Live and Carcass Basis): 416,005

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

HEAD COUNT                10,419   36,519   142,307   89,581      1,633  280,459
CARCASS BASE PRICE         57.50    60.69     62.40    66.15          *    63.28
AVERAGE NET PRICE          59.48    63.37     65.05    67.38          *    65.44
LOWEST NET LOT             51.28    51.37     55.07    56.96          *    53.18
HIGHEST NET LOT            68.35    72.18     77.60    81.14          *    76.18
AVERAGE LIVE WT           273.15   282.76    282.30   280.65          *   281.49
AVERAGE CARCASS WT        201.44   212.80    212.10   209.83          *   211.09
AVERAGE SORT LOSS          -1.76    -1.65     -1.46    -1.01          *    -1.36
AVERAGE BACKFAT             0.66     0.68      0.65     0.70          *     0.67
AVG LOIN DEPTH (LD)         2.32     2.72      2.72     2.50          *     2.65
LEA (LD Converted)          6.95     8.17      8.18     7.50          *     7.97
AVERAGE LEAN PERCENT       54.49    55.71     56.12    55.43          *    55.84
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,068
CARCASS BASE PRICE                62.64
AVERAGE NET PRICE                 64.91
AVERAGE OF LOWEST NET LOTS        60.26
AVERAGE OF HIGHEST NET LOTS       67.71
AVERAGE LIVE WT                  278.18
AVERAGE CARCASS WT               206.93
AVERAGE SORT LOSS                 -1.39
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.54
LOINEYE AREA (LD Converted)        7.65
AVERAGE LEAN PERCENT              56.28
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      123,478
AVERAGE LIVE WT                  282.43
AVERAGE CARCASS WT               213.26
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.13
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.61 lbs carcass;  BF 0.67;  LD 2.61;  LEA 7.85;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $63.26
                    Wtd Avg Net Price        $65.42
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 20, 2017                   400,429
   October 21, 2017                   154,533
   October 22, 2017                    41,445
   October 23, 2017                   339,878
   October 24, 2017                   353,670
   October 25, 2017                   349,057
   October 26, 2017                   346,379
   October 27, 2017                   322,528
   October 28, 2017                   119,685
   October 29, 2017                    17,888
   October 30, 2017                   131,591
   October 31, 2017                   143,022
   November 01, 2017                  141,044
   November 02, 2017                  136,713
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,419        1,633      12,052
CARCASS BASE PRICE             57.50            *       57.50
AVERAGE NET PRICE              59.48            *       59.48
LOWEST NET LOT                 51.28            *       51.28
HIGHEST NET LOT                68.35            *       68.35
AVERAGE LIVE WT               273.15            *      273.76
AVERAGE CARCASS WT            201.44            *      201.44
AVERAGE SORT LOSS              -1.76            *       -1.76
AVERAGE BACKFAT                 0.66            *        0.66
AVG LOIN DEPTH (LD)             2.32            *        2.32
LEA (LD Converted)              6.95            *        6.95
AVERAGE LEAN PERCENT           54.49            *       54.49
(Packer Buying Programs)
--------------------------------------------------------------------------------
** 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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