National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/13/2017

Past Market Reports

Report Date: 11/13/2017

LM_HG201
Des Moines, Iowa               Mon, Nov 13, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, November 10, 2017 and Saturday, November 11, 2017

Barrows and Gilts (Live and Carcass Basis): 584,870

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

HEAD COUNT                18,500   60,738   194,854  110,304      3,186  387,582
CARCASS BASE PRICE         62.73    60.53     64.38    68.58          *    64.93
AVERAGE NET PRICE          64.56    63.73     67.02    69.38          *    67.10
LOWEST NET LOT             53.09    54.12     54.41    54.30          *    54.18
HIGHEST NET LOT            71.89    72.50     80.37    85.98          *    77.64
AVERAGE LIVE WT           281.27   283.14    285.86   284.25          *   284.73
AVERAGE CARCASS WT        209.54   213.37    214.72   213.41          *   213.89
AVERAGE SORT LOSS          -1.80    -1.91     -1.83    -1.45          *    -1.74
AVERAGE BACKFAT             0.63     0.63      0.66     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.62     2.79      2.77     2.55          *     2.72
LEA (LD Converted)          7.89     8.39      8.34     7.68          *     8.18
AVERAGE LEAN PERCENT       55.60    56.36     56.23    55.56          *    56.07
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       19,978
CARCASS BASE PRICE                63.38
AVERAGE NET PRICE                 65.27
AVERAGE OF LOWEST NET LOTS        59.80
AVERAGE OF HIGHEST NET LOTS       72.51
AVERAGE LIVE WT                  277.22
AVERAGE CARCASS WT               209.09
AVERAGE SORT LOSS                 -1.51
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.58
LOINEYE AREA (LD Converted)        7.76
AVERAGE LEAN PERCENT              55.76
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      177,310
AVERAGE LIVE WT                  285.23
AVERAGE CARCASS WT               215.30
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.08
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.14 lbs carcass;  BF 0.66;  LD 2.67;  LEA 8.02;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.85
                    Wtd Avg Net Price        $67.01
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 13, 2017                  424,385
   November 14, 2017                  411,746
   November 15, 2017                  407,501
   November 16, 2017                  400,981
   November 17, 2017                  380,748
   November 18, 2017                  119,048
   November 19, 2017                   20,671
   November 20, 2017                  156,841
   November 21, 2017                  168,562
   November 22, 2017                  155,271
   November 23, 2017                   14,211
   November 24, 2017                  146,204
   November 25, 2017                  102,695
   November 26, 2017                   11,563
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    18,500        3,186      21,686
CARCASS BASE PRICE             62.73            *       62.73
AVERAGE NET PRICE              64.56            *       64.56
LOWEST NET LOT                 53.09            *       53.09
HIGHEST NET LOT                71.89            *       71.89
AVERAGE LIVE WT               281.27            *      281.94
AVERAGE CARCASS WT            209.54            *      209.58
AVERAGE SORT LOSS              -1.80            *       -1.78
AVERAGE BACKFAT                 0.63            *        0.63
AVG LOIN DEPTH (LD)             2.62            *        2.62
LEA (LD Converted)              7.89            *        7.90
AVERAGE LEAN PERCENT           55.60            *       55.62
(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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