National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 12/14/2017

Past Market Reports

Report Date: 12/14/2017

LM_HG201
Des Moines, Iowa               Thu, Dec 14, 2017                USDA Market News

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

Barrows and Gilts (Live and Carcass Basis): 434,110

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

HEAD COUNT                 9,384   40,090   143,535   95,303      1,154  289,466
CARCASS BASE PRICE         59.46    60.86     62.25    67.85          *    63.88
AVERAGE NET PRICE          60.31    63.69     64.73    68.71          *    65.85
LOWEST NET LOT             47.33    56.02     47.35    49.78          *    51.15
HIGHEST NET LOT            67.94    72.12     80.23    90.12          *    80.25
AVERAGE LIVE WT           277.02   283.04    285.24   282.49          *   283.79
AVERAGE CARCASS WT        201.59   214.67    214.20   212.23          *   213.26
AVERAGE SORT LOSS          -2.25    -1.91     -1.93    -1.34          *    -1.75
AVERAGE BACKFAT             0.67     0.65      0.65     0.69          *     0.66
AVG LOIN DEPTH (LD)         2.28     2.71      2.75     2.49          *     2.67
LEA (LD Converted)          6.83     8.15      8.27     7.49          *     8.03
AVERAGE LEAN PERCENT       54.45    55.90     56.25    55.63          *    56.00
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       15,178
CARCASS BASE PRICE                60.84
AVERAGE NET PRICE                 62.56
AVERAGE OF LOWEST NET LOTS        55.93
AVERAGE OF HIGHEST NET LOTS       65.40
AVERAGE LIVE WT                  282.11
AVERAGE CARCASS WT               210.50
AVERAGE SORT LOSS                 -2.11
AVERAGE BACKFAT                    0.68
AVERAGE LOIN DEPTH (LD)            2.63
LOINEYE AREA (LD Converted)        7.90
AVERAGE LEAN PERCENT              56.15
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      129,466
AVERAGE LIVE WT                  284.74
AVERAGE CARCASS WT               215.97
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.05
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.98 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.89;  FFLI  53.40%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $63.73
                    Wtd Avg Net Price        $65.68
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 14, 2017                  426,590
   December 15, 2017                  402,280
   December 16, 2017                  197,369
   December 17, 2017                   41,990
   December 18, 2017                  257,504
   December 19, 2017                  263,717
   December 20, 2017                  263,885
   December 21, 2017                  260,459
   December 22, 2017                  236,361
   December 23, 2017                   57,623
   December 24, 2017                      495
   December 25, 2017                    3,500
   December 26, 2017                  128,396
   December 27, 2017                  140,633
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,384        1,154      10,538
CARCASS BASE PRICE             59.46            *       59.46
AVERAGE NET PRICE              60.31            *       60.31
LOWEST NET LOT                 47.33            *       47.33
HIGHEST NET LOT                67.94            *       67.94
AVERAGE LIVE WT               277.02            *      278.67
AVERAGE CARCASS WT            201.59            *      201.96
AVERAGE SORT LOSS              -2.25            *       -2.23
AVERAGE BACKFAT                 0.67            *        0.67
AVG LOIN DEPTH (LD)             2.28            *        2.29
LEA (LD Converted)              6.83            *        6.87
AVERAGE LEAN PERCENT           54.45            *       54.49
(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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