National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 11/30/2017

Past Market Reports

Report Date: 11/30/2017

LM_HG201
Des Moines, Iowa               Thu, Nov 30, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, November 29, 2017

Barrows and Gilts (Live and Carcass Basis): 418,029

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

HEAD COUNT                 7,619   39,436   145,232   82,279      1,183  275,749
CARCASS BASE PRICE         57.55    60.39     61.09    66.85          *    62.64
AVERAGE NET PRICE          57.98    62.91     63.35    67.72          *    64.50
LOWEST NET LOT             49.42    49.04     48.29    54.52          *    49.68
HIGHEST NET LOT            66.41    71.71     83.60    91.33          *    80.45
AVERAGE LIVE WT           278.00   289.22    285.19   282.74          *   284.92
AVERAGE CARCASS WT        206.01   218.79    214.69   212.36          *   214.37
AVERAGE SORT LOSS          -2.81    -2.40     -1.82    -1.23          *    -1.76
AVERAGE BACKFAT             0.64     0.67      0.67     0.73          *     0.68
AVG LOIN DEPTH (LD)         2.20     2.74      2.74     2.51          *     2.68
LEA (LD Converted)          6.59     8.23      8.23     7.55          *     8.05
AVERAGE LEAN PERCENT       53.87    55.80     56.00    55.37          *    55.78
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       13,139
CARCASS BASE PRICE                60.21
AVERAGE NET PRICE                 61.79
AVERAGE OF LOWEST NET LOTS        55.66
AVERAGE OF HIGHEST NET LOTS       64.24
AVERAGE LIVE WT                  287.75
AVERAGE CARCASS WT               216.43
AVERAGE SORT LOSS                 -2.62
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.02
AVERAGE LEAN PERCENT              56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      129,141
AVERAGE LIVE WT                  284.31
AVERAGE CARCASS WT               214.95
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              54.13
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.61 lbs carcass;  BF 0.68;  LD 2.63;  LEA 7.91;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $62.53
                    Wtd Avg Net Price        $64.38
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   November 30, 2017                  430,063
   December 01, 2017                  404,725
   December 02, 2017                  214,046
   December 03, 2017                   36,646
   December 04, 2017                  248,725
   December 05, 2017                  254,140
   December 06, 2017                  260,595
   December 07, 2017                  250,779
   December 08, 2017                  238,852
   December 09, 2017                   63,473
   December 10, 2017                   19,253
   December 11, 2017                  123,231
   December 12, 2017                  140,148
   December 13, 2017                  136,565
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,619        1,183       8,802
CARCASS BASE PRICE             57.55            *       57.55
AVERAGE NET PRICE              57.98            *       57.98
LOWEST NET LOT                 49.42            *       49.42
HIGHEST NET LOT                66.41            *       66.41
AVERAGE LIVE WT               278.00            *      279.48
AVERAGE CARCASS WT            206.01            *      206.01
AVERAGE SORT LOSS              -2.81            *       -2.81
AVERAGE BACKFAT                 0.64            *        0.64
AVG LOIN DEPTH (LD)             2.20            *        2.20
LEA (LD Converted)              6.59            *        6.59
AVERAGE LEAN PERCENT           53.87            *       53.87
(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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