National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/25/2017

Past Market Reports

Report Date: 10/25/2017

LM_HG201
Des Moines, Iowa               Wed, Oct 25, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, October 24, 2017

Barrows and Gilts (Live and Carcass Basis): 411,373

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

HEAD COUNT                 9,390   36,012   136,674   86,007      1,923  270,006
CARCASS BASE PRICE         62.15    61.96     65.11    67.85          *    65.50
AVERAGE NET PRICE          64.94    64.52     68.01    69.09          *    67.80
LOWEST NET LOT             56.16    54.71     56.84    59.29          *    57.61
HIGHEST NET LOT            72.59    79.54     79.81    85.66          *    79.12
AVERAGE LIVE WT           269.87   281.71    280.47   280.83          *   280.40
AVERAGE CARCASS WT        199.65   212.82    211.04   210.02          *   210.60
AVERAGE SORT LOSS          -1.28    -1.76     -1.43    -1.01          *    -1.34
AVERAGE BACKFAT             0.64     0.66      0.66     0.70          *     0.67
AVG LOIN DEPTH (LD)         2.46     2.74      2.72     2.48          *     2.66
LEA (LD Converted)          7.40     8.24      8.18     7.45          *     7.98
AVERAGE LEAN PERCENT       55.00    56.02     56.04    55.28          *    55.81
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,839
CARCASS BASE PRICE                65.22
AVERAGE NET PRICE                 67.23
AVERAGE OF LOWEST NET LOTS        60.67
AVERAGE OF HIGHEST NET LOTS       67.64
AVERAGE LIVE WT                  276.29
AVERAGE CARCASS WT               207.55
AVERAGE SORT LOSS                 -1.59
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.62
LOINEYE AREA (LD Converted)        7.88
AVERAGE LEAN PERCENT              56.24
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      128,528
AVERAGE LIVE WT                  279.79
AVERAGE CARCASS WT               211.12
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              53.95
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
210.65 lbs carcass;  BF 0.68;  LD 2.61;  LEA 7.85;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.49
                    Wtd Avg Net Price        $67.77
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 25, 2017                   427,127
   October 26, 2017                   403,206
   October 27, 2017                   380,484
   October 28, 2017                   157,203
   October 29, 2017                    29,279
   October 30, 2017                   193,127
   October 31, 2017                   194,470
   November 01, 2017                  190,726
   November 02, 2017                  188,089
   November 03, 2017                  173,065
   November 04, 2017                   27,723
   November 05, 2017                   15,378
   November 06, 2017                   88,075
   November 07, 2017                  100,068
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,390        1,923      11,313
CARCASS BASE PRICE             62.15            *       62.15
AVERAGE NET PRICE              64.94            *       64.94
LOWEST NET LOT                 56.16            *       56.16
HIGHEST NET LOT                72.59            *       72.59
AVERAGE LIVE WT               269.87            *      272.48
AVERAGE CARCASS WT            199.65            *      200.06
AVERAGE SORT LOSS              -1.28            *       -1.27
AVERAGE BACKFAT                 0.64            *        0.65
AVG LOIN DEPTH (LD)             2.46            *        2.46
LEA (LD Converted)              7.40            *        7.41
AVERAGE LEAN PERCENT           55.00            *       54.88
(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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