National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/4/2017

Past Market Reports

Report Date: 12/4/2017

LM_HG201
Des Moines, Iowa               Mon, Dec 04, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, December 1, 2017 and Saturday, December 2, 2017

Barrows and Gilts (Live and Carcass Basis): 669,861

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

HEAD COUNT                22,092   69,708   241,995  130,274      2,017   466,086
CARCASS BASE PRICE         56.78    60.00     62.51    66.53          *     63.01
AVERAGE NET PRICE          57.81    62.56     64.78    67.32          *     64.86
LOWEST NET LOT             46.44    50.86     51.68    54.54          *     50.53
HIGHEST NET LOT            68.17    71.98     81.43    81.48          *     75.53
AVERAGE LIVE WT           281.08   289.22    288.73   286.54          *    287.83
AVERAGE CARCASS WT        214.44   217.81    217.32   214.93          *    216.58
AVERAGE SORT LOSS          -3.04    -2.47     -2.24    -1.41          *     -2.09
AVERAGE BACKFAT             0.68     0.66      0.67     0.72          *      0.68
AVG LOIN DEPTH (LD)         2.70     2.78      2.77     2.53          *      2.71
LEA (LD Converted)          8.12     8.37      8.33     7.59          *      8.16
AVERAGE LEAN PERCENT       56.04    56.18     56.16    55.48          *     56.00
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       23,735
CARCASS BASE PRICE                61.13
AVERAGE NET PRICE                 62.96
AVERAGE OF LOWEST NET LOTS        57.53
AVERAGE OF HIGHEST NET LOTS       65.48
AVERAGE LIVE WT                  283.17
AVERAGE CARCASS WT               211.60
AVERAGE SORT LOSS                 -1.72
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.56
LOINEYE AREA (LD Converted)        7.69
AVERAGE LEAN PERCENT              55.74
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      180,040
AVERAGE LIVE WT                  288.29
AVERAGE CARCASS WT               217.83
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.04
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.69 lbs carcass;  BF 0.67;  LD 2.66;  LEA 7.99;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $62.92
                    Wtd Avg Net Price        $64.76
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 04, 2017                  435,011
   December 05, 2017                  412,821
   December 06, 2017                  412,777
   December 07, 2017                  406,032
   December 08, 2017                  393,455
   December 09, 2017                  147,020
   December 10, 2017                   20,272
   December 11, 2017                  135,792
   December 12, 2017                  147,797
   December 13, 2017                  147,105
   December 14, 2017                  144,369
   December 15, 2017                  140,120
   December 16, 2017                   44,463
   December 17, 2017                   17,313
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    22,092        2,017       24,109
CARCASS BASE PRICE             56.78            *        56.78
AVERAGE NET PRICE              57.81            *        57.81
LOWEST NET LOT                 46.44            *        46.44
HIGHEST NET LOT                68.17            *        68.17
AVERAGE LIVE WT               281.08            *       281.59
AVERAGE CARCASS WT            214.44            *       214.56
AVERAGE SORT LOSS              -3.04            *        -3.04
AVERAGE BACKFAT                 0.68            *         0.68
AVG LOIN DEPTH (LD)             2.70            *         2.70
LEA (LD Converted)              8.12            *         8.12
AVERAGE LEAN PERCENT           56.04            *        56.03
(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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