National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 10/30/2017

Past Market Reports

Report Date: 10/30/2017

LM_HG201
Des Moines, Iowa               Mon, Oct 30, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, October 27, 2017 and Saturday, October 28, 2017

Barrows and Gilts (Live and Carcass Basis): 618,584

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

HEAD COUNT                17,596   50,414   202,923  118,396      4,107  393,436
CARCASS BASE PRICE         63.66    61.70     66.79    68.50      66.18    66.51
AVERAGE NET PRICE          64.83    64.92     69.39    69.72      68.13    68.73
LOWEST NET LOT             57.05    49.37     57.14    59.22      66.00    58.47
HIGHEST NET LOT            71.82    72.82     81.64    80.57      69.64    76.24
AVERAGE LIVE WT           274.94   283.44    284.49   282.01     282.91   283.17
AVERAGE CARCASS WT        204.76   213.89    213.65   211.37     209.26   212.60
AVERAGE SORT LOSS          -1.15    -1.75     -1.62    -0.98      -0.91    -1.44
AVERAGE BACKFAT             0.70     0.65      0.66     0.70          *     0.67
AVG LOIN DEPTH (LD)         2.36     2.78      2.75     2.48          *     2.67
LEA (LD Converted)          7.08     8.36      8.26     7.45          *     8.03
AVERAGE LEAN PERCENT       54.01    56.15     56.13    55.38          *    55.86
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,875
CARCASS BASE PRICE                66.71
AVERAGE NET PRICE                 69.16
AVERAGE OF LOWEST NET LOTS        66.56
AVERAGE OF HIGHEST NET LOTS       71.59
AVERAGE LIVE WT                  276.93
AVERAGE CARCASS WT               207.30
AVERAGE SORT LOSS                 -1.57
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.60
LOINEYE AREA (LD Converted)        7.81
AVERAGE LEAN PERCENT              56.49
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      205,273
AVERAGE LIVE WT                  282.87
AVERAGE CARCASS WT               213.77
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              53.82
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.82 lbs carcass;  BF 0.67;  LD 2.62;  LEA 7.87;  FFLI  53.10%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $66.52
                    Wtd Avg Net Price        $68.75
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   October 30, 2017                   404,242
   October 31, 2017                   402,339
   November 01, 2017                  399,891
   November 02, 2017                  399,543
   November 03, 2017                  384,729
   November 04, 2017                  101,644
   November 05, 2017                   19,118
   November 06, 2017                  132,841
   November 07, 2017                  143,995
   November 08, 2017                  142,694
   November 09, 2017                  141,169
   November 10, 2017                  127,405
   November 11, 2017                   18,425
   November 12, 2017                   10,988
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    17,596        4,107      21,703
CARCASS BASE PRICE             63.66        66.18       63.79
AVERAGE NET PRICE              64.83        68.13       64.99
LOWEST NET LOT                 57.05        66.00       61.41
HIGHEST NET LOT                71.82        69.64       70.06
AVERAGE LIVE WT               274.94       282.91      276.53
AVERAGE CARCASS WT            204.76       209.26      204.98
AVERAGE SORT LOSS              -1.15        -0.91       -1.13
AVERAGE BACKFAT                 0.70            *        0.70
AVG LOIN DEPTH (LD)             2.36            *        2.37
LEA (LD Converted)              7.08            *        7.10
AVERAGE LEAN PERCENT           54.01            *       54.09
(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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