National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/6/2017

Past Market Reports

Report Date: 12/6/2017

LM_HG201
Des Moines, Iowa               Wed, Dec 06, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, December 5, 2017

Barrows and Gilts (Live and Carcass Basis): 420,513

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

HEAD COUNT                 9,072   38,044   137,706   84,165      1,216   270,203
CARCASS BASE PRICE         58.52    61.15     63.14    68.04          *     64.28
AVERAGE NET PRICE          59.62    63.50     65.44    68.78          *     66.07
LOWEST NET LOT             45.67    51.39     54.28    55.79          *     50.95
HIGHEST NET LOT            66.05    72.59     81.53    93.03          *     77.98
AVERAGE LIVE WT           274.58   286.44    284.82   284.90          *    284.79
AVERAGE CARCASS WT        205.01   216.75    214.70   214.07          *    214.52
AVERAGE SORT LOSS          -2.72    -2.14     -1.91    -1.34          *     -1.79
AVERAGE BACKFAT             0.70     0.66      0.65     0.72          *      0.67
AVG LOIN DEPTH (LD)         2.39     2.71      2.74     2.51          *      2.67
LEA (LD Converted)          7.18     8.14      8.24     7.54          *      8.02
AVERAGE LEAN PERCENT       54.56    55.93     56.14    55.20          *     55.83
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       16,692
CARCASS BASE PRICE                61.62
AVERAGE NET PRICE                 63.19
AVERAGE OF LOWEST NET LOTS        55.78
AVERAGE OF HIGHEST NET LOTS       67.88
AVERAGE LIVE WT                  283.97
AVERAGE CARCASS WT               212.56
AVERAGE SORT LOSS                 -2.50
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.65
LOINEYE AREA (LD Converted)        7.95
AVERAGE LEAN PERCENT              56.37
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      133,618
AVERAGE LIVE WT                  284.94
AVERAGE CARCASS WT               215.84
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              54.31
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.86 lbs carcass;  BF 0.67;  LD 2.63;  LEA 7.91;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.14
                    Wtd Avg Net Price        $65.91
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 06, 2017                  442,780
   December 07, 2017                  410,562
   December 08, 2017                  400,575
   December 09, 2017                  163,416
   December 10, 2017                   34,251
   December 11, 2017                  196,769
   December 12, 2017                  199,055
   December 13, 2017                  202,120
   December 14, 2017                  192,358
   December 15, 2017                  177,522
   December 16, 2017                   59,865
   December 17, 2017                   18,598
   December 18, 2017                  103,252
   December 19, 2017                  115,056
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,072        1,216       10,288
CARCASS BASE PRICE             58.52            *        58.52
AVERAGE NET PRICE              59.62            *        59.62
LOWEST NET LOT                 45.67            *        45.67
HIGHEST NET LOT                66.05            *        66.05
AVERAGE LIVE WT               274.58            *       277.00
AVERAGE CARCASS WT            205.01            *       205.01
AVERAGE SORT LOSS              -2.72            *        -2.72
AVERAGE BACKFAT                 0.70            *         0.70
AVG LOIN DEPTH (LD)             2.39            *         2.39
LEA (LD Converted)              7.18            *         7.18
AVERAGE LEAN PERCENT           54.56            *        54.56
(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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