National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/14/2017

Past Market Reports

Report Date: 11/14/2017

LM_HG201
Des Moines, Iowa               Tue, Nov 14, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, November 13, 2017

Barrows and Gilts (Live and Carcass Basis): 418,316

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

HEAD COUNT                10,718   34,596   141,549   88,058      2,837  277,758
CARCASS BASE PRICE         59.97    61.18     64.32    69.32          *    65.53
AVERAGE NET PRICE          62.05    63.22     66.80    70.27          *    67.43
LOWEST NET LOT             45.41    53.70     52.45    52.38          *    52.23
HIGHEST NET LOT            71.60    73.83     79.06    88.73          *    80.09
AVERAGE LIVE WT           272.77   284.38    283.14   280.62          *   282.19
AVERAGE CARCASS WT        199.03   214.17    212.64   210.19          *   211.64
AVERAGE SORT LOSS          -1.93    -1.93     -1.66    -1.32          *    -1.59
AVERAGE BACKFAT             0.62     0.67      0.65     0.68          *     0.66
AVG LOIN DEPTH (LD)         2.22     2.66      2.74     2.50          *     2.64
LEA (LD Converted)          6.65     8.01      8.23     7.51          *     7.94
AVERAGE LEAN PERCENT       53.67    55.52     56.17    55.62          *    55.85
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,143
CARCASS BASE PRICE                62.88
AVERAGE NET PRICE                 64.45
AVERAGE OF LOWEST NET LOTS        57.36
AVERAGE OF HIGHEST NET LOTS       67.90
AVERAGE LIVE WT                  284.09
AVERAGE CARCASS WT               210.51
AVERAGE SORT LOSS                 -2.23
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.95
AVERAGE LEAN PERCENT              56.51
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      128,415
AVERAGE LIVE WT                  281.52
AVERAGE CARCASS WT               212.36
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.10
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
211.83 lbs carcass;  BF 0.67;  LD 2.61;  LEA 7.85;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.40
                    Wtd Avg Net Price        $67.29
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 14, 2017                  433,616
   November 15, 2017                  410,707
   November 16, 2017                  401,514
   November 17, 2017                  383,321
   November 18, 2017                  117,875
   November 19, 2017                   29,413
   November 20, 2017                  190,830
   November 21, 2017                  191,404
   November 22, 2017                  176,431
   November 23, 2017                   18,611
   November 24, 2017                  171,351
   November 25, 2017                  118,725
   November 26, 2017                   13,568
   November 27, 2017                   82,380
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,718        2,837      13,555
CARCASS BASE PRICE             59.97            *       59.97
AVERAGE NET PRICE              62.05            *       62.05
LOWEST NET LOT                 45.41            *       45.41
HIGHEST NET LOT                71.60            *       71.60
AVERAGE LIVE WT               272.77            *      277.21
AVERAGE CARCASS WT            199.03            *      200.32
AVERAGE SORT LOSS              -1.93            *       -2.11
AVERAGE BACKFAT                 0.62            *        0.63
AVG LOIN DEPTH (LD)             2.22            *        2.24
LEA (LD Converted)              6.65            *        6.72
AVERAGE LEAN PERCENT           53.67            *       53.71
(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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