National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/23/2017

Past Market Reports

Report Date: 10/23/2017

LM_HG201
Des Moines, Iowa               Mon, Oct 23, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, October 20, 2017 and Saturday, October 21, 2017

Barrows and Gilts (Live and Carcass Basis): 622,722

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

HEAD COUNT                19,238   56,573   199,219  116,778      3,087  394,895
CARCASS BASE PRICE         57.22    60.60     63.67    66.07          *    63.67
AVERAGE NET PRICE          57.98    63.65     66.33    67.30          *    65.87
LOWEST NET LOT             46.64    55.40     52.89    54.80          *    52.18
HIGHEST NET LOT            74.81    73.64     75.74    78.85          *    76.01
AVERAGE LIVE WT           279.86   282.54    282.42   282.35          *   282.23
AVERAGE CARCASS WT        208.86   212.88    212.14   210.90          *   211.70
AVERAGE SORT LOSS          -2.34    -1.72     -1.54    -0.99          *    -1.45
AVERAGE BACKFAT             0.74     0.64      0.65     0.69          *     0.66
AVG LOIN DEPTH (LD)         2.47     2.75      2.75     2.51          *     2.68
LEA (LD Converted)          7.42     8.27      8.26     7.54          *     8.06
AVERAGE LEAN PERCENT       55.15    56.17     56.18    55.71          *    56.03
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       23,453
CARCASS BASE PRICE                64.65
AVERAGE NET PRICE                 66.75
AVERAGE OF LOWEST NET LOTS        61.07
AVERAGE OF HIGHEST NET LOTS       67.46
AVERAGE LIVE WT                  276.59
AVERAGE CARCASS WT               206.32
AVERAGE SORT LOSS                 -1.48
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.54
LOINEYE AREA (LD Converted)        7.66
AVERAGE LEAN PERCENT              56.24
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      204,374
AVERAGE LIVE WT                  282.52
AVERAGE CARCASS WT               213.21
AVERAGE BACKFAT                    0.70
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              53.78
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.00 lbs carcass;  BF 0.68;  LD 2.62;  LEA 7.89;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $63.73
                    Wtd Avg Net Price        $65.92
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 23, 2017                   422,262
   October 24, 2017                   410,588
   October 25, 2017                   404,691
   October 26, 2017                   402,429
   October 27, 2017                   380,582
   October 28, 2017                   142,557
   October 29, 2017                    20,433
   October 30, 2017                   137,511
   October 31, 2017                   147,212
   November 01, 2017                  145,104
   November 02, 2017                  142,468
   November 03, 2017                  132,825
   November 04, 2017                   20,190
   November 05, 2017                   12,078
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    19,238        3,087      22,325
CARCASS BASE PRICE             57.22            *       57.22
AVERAGE NET PRICE              57.98            *       57.98
LOWEST NET LOT                 46.64            *       46.64
HIGHEST NET LOT                74.81            *       74.81
AVERAGE LIVE WT               279.86            *      278.78
AVERAGE CARCASS WT            208.86            *      208.78
AVERAGE SORT LOSS              -2.34            *       -2.29
AVERAGE BACKFAT                 0.74            *        0.74
AVG LOIN DEPTH (LD)             2.47            *        2.48
LEA (LD Converted)              7.42            *        7.45
AVERAGE LEAN PERCENT           55.15            *       55.17
(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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