National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 11/8/2017

Past Market Reports

Report Date: 11/8/2017

LM_HG201
Des Moines, Iowa               Wed, Nov 08, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, November 7, 2017

Barrows and Gilts (Live and Carcass Basis): 409,954

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

HEAD COUNT                 8,895   37,466   134,733   88,040      1,179  270,313
CARCASS BASE PRICE         62.57    61.67     65.82    69.68          *    66.56
AVERAGE NET PRICE          65.33    64.69     68.44    70.65          *    68.65
LOWEST NET LOT             53.05    53.22     51.63    58.72          *    56.24
HIGHEST NET LOT            71.14    72.96     82.63    90.36          *    80.36
AVERAGE LIVE WT           278.26   283.31    282.80   282.90          *   282.78
AVERAGE CARCASS WT        201.03   213.49    212.34   212.01          *   212.11
AVERAGE SORT LOSS          -1.51    -1.66     -1.58    -1.18          *    -1.46
AVERAGE BACKFAT             0.65     0.66      0.65     0.72          *     0.67
AVG LOIN DEPTH (LD)         2.38     2.76      2.72     2.50          *     2.66
LEA (LD Converted)          7.13     8.32      8.19     7.52          *     8.01
AVERAGE LEAN PERCENT       54.63    56.07     56.00    55.28          *    55.80
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,115
CARCASS BASE PRICE                64.77
AVERAGE NET PRICE                 66.49
AVERAGE OF LOWEST NET LOTS        60.71
AVERAGE OF HIGHEST NET LOTS       70.30
AVERAGE LIVE WT                  279.75
AVERAGE CARCASS WT               209.77
AVERAGE SORT LOSS                 -1.81
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.59
LOINEYE AREA (LD Converted)        7.78
AVERAGE LEAN PERCENT              55.86
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      126,526
AVERAGE LIVE WT                  279.73
AVERAGE CARCASS WT               211.42
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.47
AVERAGE LEAN PERCENT              53.96
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.81 lbs carcass;  BF 0.67;  LD 2.61;  LEA 7.86;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $66.46
                    Wtd Avg Net Price        $68.54
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 08, 2017                  433,276
   November 09, 2017                  401,947
   November 10, 2017                  384,572
   November 11, 2017                  157,534
   November 12, 2017                   34,075
   November 13, 2017                  188,252
   November 14, 2017                  198,789
   November 15, 2017                  200,711
   November 16, 2017                  179,951
   November 17, 2017                  167,977
   November 18, 2017                   40,148
   November 19, 2017                   13,698
   November 20, 2017                  110,436
   November 21, 2017                  121,731
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,895        1,179      10,074
CARCASS BASE PRICE             62.57            *       62.57
AVERAGE NET PRICE              65.33            *       65.33
LOWEST NET LOT                 53.05            *       53.05
HIGHEST NET LOT                71.14            *       71.14
AVERAGE LIVE WT               278.26            *      279.67
AVERAGE CARCASS WT            201.03            *      201.58
AVERAGE SORT LOSS              -1.51            *       -1.51
AVERAGE BACKFAT                 0.65            *        0.65
AVG LOIN DEPTH (LD)             2.38            *        2.39
LEA (LD Converted)              7.13            *        7.16
AVERAGE LEAN PERCENT           54.63            *       54.71
(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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