National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/17/2017

Past Market Reports

Report Date: 11/17/2017

LM_HG201
Des Moines, Iowa               Fri, Nov 17, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, November 16, 2017

Barrows and Gilts (Live and Carcass Basis): 423,248

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

HEAD COUNT                 8,990   39,756   141,973   92,706      2,107  285,532
CARCASS BASE PRICE         59.51    59.71     62.96    67.96          *    64.03
AVERAGE NET PRICE          61.24    62.36     65.40    69.03          *    66.05
LOWEST NET LOT             52.42    48.56     52.43    53.35          *    52.24
HIGHEST NET LOT            67.51    75.39     79.21    87.99          *    80.66
AVERAGE LIVE WT           269.64   283.40    286.47   283.52          *   284.51
AVERAGE CARCASS WT        199.28   213.42    215.27   212.60          *   213.71
AVERAGE SORT LOSS          -1.22    -1.76     -1.85    -1.11          *    -1.60
AVERAGE BACKFAT             0.63     0.65      0.66     0.71          *     0.67
AVG LOIN DEPTH (LD)         2.34     2.75      2.77     2.53          *     2.69
LEA (LD Converted)          7.01     8.26      8.34     7.61          *     8.10
AVERAGE LEAN PERCENT       54.19    56.13     56.17    55.39          *    55.91
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,618
CARCASS BASE PRICE                61.35
AVERAGE NET PRICE                 63.27
AVERAGE OF LOWEST NET LOTS        58.02
AVERAGE OF HIGHEST NET LOTS       66.37
AVERAGE LIVE WT                  284.91
AVERAGE CARCASS WT               212.60
AVERAGE SORT LOSS                 -2.01
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.92
AVERAGE LEAN PERCENT              56.27
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      126,098
AVERAGE LIVE WT                  286.40
AVERAGE CARCASS WT               216.22
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              53.87
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.40 lbs carcass;  BF 0.68;  LD 2.65;  LEA 7.97;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $63.92
                    Wtd Avg Net Price        $65.93
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 17, 2017                  411,583
   November 18, 2017                  131,892
   November 19, 2017                   42,682
   November 20, 2017                  347,343
   November 21, 2017                  350,791
   November 22, 2017                  331,582
   November 23, 2017                   11,869
   November 24, 2017                  323,581
   November 25, 2017                  227,904
   November 26, 2017                   15,083
   November 27, 2017                  119,128
   November 28, 2017                  141,952
   November 29, 2017                  144,358
   November 30, 2017                  143,560
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,990        2,107      11,097
CARCASS BASE PRICE             59.51            *       59.51
AVERAGE NET PRICE              61.24            *       61.24
LOWEST NET LOT                 52.42            *       52.42
HIGHEST NET LOT                67.51            *       67.51
AVERAGE LIVE WT               269.64            *      272.37
AVERAGE CARCASS WT            199.28            *      199.94
AVERAGE SORT LOSS              -1.22            *       -1.20
AVERAGE BACKFAT                 0.63            *        0.64
AVG LOIN DEPTH (LD)             2.34            *        2.35
LEA (LD Converted)              7.01            *        7.04
AVERAGE LEAN PERCENT           54.19            *       54.24
(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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