National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 12/28/2017

Past Market Reports

Report Date: 12/28/2017

LM_HG201
Des Moines, Iowa               Thu, Dec 28, 2017                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, December 27, 2017

Barrows and Gilts (Live and Carcass Basis): 416,682

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

HEAD COUNT                10,051   40,378   133,724   91,494        889   276,536
CARCASS BASE PRICE         56.00    63.48     59.45    65.43          *     62.00
AVERAGE NET PRICE          57.70    65.91     61.75    66.08          *     63.72
LOWEST NET LOT             45.37    51.77     47.23    52.40          *     48.78
HIGHEST NET LOT            64.89    73.99     78.01    85.86          *     77.14
AVERAGE LIVE WT           268.75   284.92    284.72   281.35          *    283.12
AVERAGE CARCASS WT        202.00   216.44    214.76   212.46          *    213.82
AVERAGE SORT LOSS          -2.17    -2.20     -1.92    -1.33          *     -1.78
AVERAGE BACKFAT             0.67     0.67      0.66     0.71          *      0.68
AVG LOIN DEPTH (LD)         2.40     2.73      2.74     2.49          *      2.66
LEA (LD Converted)          7.20     8.22      8.24     7.48          *      8.01
AVERAGE LEAN PERCENT       54.51    55.77     56.12    55.22          *     55.78
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,584
CARCASS BASE PRICE                58.82
AVERAGE NET PRICE                 60.05
AVERAGE OF LOWEST NET LOTS        53.33
AVERAGE OF HIGHEST NET LOTS       65.09
AVERAGE LIVE WT                  278.61
AVERAGE CARCASS WT               211.32
AVERAGE SORT LOSS                 -1.97
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        8.00
AVERAGE LEAN PERCENT              56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      128,562
AVERAGE LIVE WT                  282.20
AVERAGE CARCASS WT               214.33
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.07
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.91 lbs carcass;  BF 0.67;  LD 2.62;  LEA 7.87;  FFLI  53.20%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $61.87
                    Wtd Avg Net Price        $63.57
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   December 28, 2017                  434,643
   December 29, 2017                  404,926
   December 30, 2017                  324,256
   December 31, 2017                    4,546
   January 01, 2018                    28,452
   January 02, 2018                   239,963
   January 03, 2018                   239,003
   January 04, 2018                   233,529
   January 05, 2018                   224,141
   January 06, 2018                   147,488
   January 07, 2018                    12,438
   January 08, 2018                    98,440
   January 09, 2018                   107,921
   January 10, 2018                   108,794
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,051          889       10,940
CARCASS BASE PRICE             56.00            *        56.00
AVERAGE NET PRICE              57.70            *        57.70
LOWEST NET LOT                 45.37            *        45.37
HIGHEST NET LOT                64.89            *        64.89
AVERAGE LIVE WT               268.75            *       270.97
AVERAGE CARCASS WT            202.00            *       202.33
AVERAGE SORT LOSS              -2.17            *        -2.16
AVERAGE BACKFAT                 0.67            *         0.67
AVG LOIN DEPTH (LD)             2.40            *         2.40
LEA (LD Converted)              7.20            *         7.19
AVERAGE LEAN PERCENT           54.51            *        54.46
(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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