National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 12/22/2017

Past Market Reports

Report Date: 12/22/2017

LM_HG201
Des Moines, Iowa               Fri, Dec 22, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, December 21, 2017

Barrows and Gilts (Live and Carcass Basis): 420,229

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

HEAD COUNT                 9,772   45,570   140,253   84,322      1,382  281,299
CARCASS BASE PRICE         57.23    62.76     59.74    65.83          *    62.05
AVERAGE NET PRICE          58.47    65.37     61.98    66.59          *    63.85
LOWEST NET LOT             51.70    55.10     48.95    49.84          *    52.64
HIGHEST NET LOT            67.99    73.84     74.96    84.86          *    78.58
AVERAGE LIVE WT           275.89   285.49    286.76   282.08          *   284.80
AVERAGE CARCASS WT        204.56   215.78    216.13   211.94          *   214.38
AVERAGE SORT LOSS          -2.06    -2.09     -1.95    -1.33          *    -1.79
AVERAGE BACKFAT             0.68     0.66      0.66     0.71          *     0.67
AVG LOIN DEPTH (LD)         2.31     2.72      2.74     2.50          *     2.67
LEA (LD Converted)          6.92     8.19      8.25     7.50          *     8.03
AVERAGE LEAN PERCENT       54.11    56.01     56.01    55.31          *    55.80
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,579
CARCASS BASE PRICE                58.46
AVERAGE NET PRICE                 60.15
AVERAGE OF LOWEST NET LOTS        52.16
AVERAGE OF HIGHEST NET LOTS       60.72
AVERAGE LIVE WT                  283.03
AVERAGE CARCASS WT               213.50
AVERAGE SORT LOSS                 -2.52
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.14
AVERAGE LEAN PERCENT              56.50
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      128,351
AVERAGE LIVE WT                  284.93
AVERAGE CARCASS WT               216.42
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.04
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.98 lbs carcass;  BF 0.67;  LD 2.62;  LEA 7.88;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $61.92
                    Wtd Avg Net Price        $63.72
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 22, 2017                  388,299
   December 23, 2017                  129,387
   December 24, 2017                    3,715
   December 25, 2017                    8,890
   December 26, 2017                  304,926
   December 27, 2017                  377,602
   December 28, 2017                  368,056
   December 29, 2017                  360,118
   December 30, 2017                  289,467
   December 31, 2017                    3,877
   January 01, 2018                    14,471
   January 02, 2018                   156,294
   January 03, 2018                   158,957
   January 04, 2018                   155,514
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,772        1,382      11,154
CARCASS BASE PRICE             57.23            *       57.23
AVERAGE NET PRICE              58.47            *       58.47
LOWEST NET LOT                 51.70            *       51.70
HIGHEST NET LOT                67.99            *       67.99
AVERAGE LIVE WT               275.89            *      277.71
AVERAGE CARCASS WT            204.56            *      204.56
AVERAGE SORT LOSS              -2.06            *       -2.06
AVERAGE BACKFAT                 0.68            *        0.68
AVG LOIN DEPTH (LD)             2.31            *        2.31
LEA (LD Converted)              6.92            *        6.92
AVERAGE LEAN PERCENT           54.11            *       54.11
(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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