National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 1/4/2018

Past Market Reports

Report Date: 1/4/2018

LM_HG201
Des Moines, Iowa               Thu, Jan 04, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, January 3, 2018

Barrows and Gilts (Live and Carcass Basis): 404,663

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

HEAD COUNT                 9,716   46,493   123,252   98,136      2,038  279,635
CARCASS BASE PRICE         56.95    64.59     62.14    66.96          *    64.19
AVERAGE NET PRICE          58.25    67.15     64.20    67.89          *    65.84
LOWEST NET LOT             47.47    52.05     49.31    51.78          *    50.31
HIGHEST NET LOT            68.86    74.20     83.93    88.11          *    81.27
AVERAGE LIVE WT           276.31   285.13    285.60   281.48          *   283.73
AVERAGE CARCASS WT        209.39   216.22    215.19   211.27          *   213.77
AVERAGE SORT LOSS          -2.83    -1.85     -2.13    -1.26          *    -1.79
AVERAGE BACKFAT             0.66     0.63      0.65     0.71          *     0.67
AVG LOIN DEPTH (LD)         2.23     2.73      2.68     2.40          *     2.60
LEA (LD Converted)          6.67     8.21      8.06     7.19          *     7.81
AVERAGE LEAN PERCENT       54.49    56.08     55.95    55.05          *    55.69
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,425
CARCASS BASE PRICE                60.73
AVERAGE NET PRICE                 62.02
AVERAGE OF LOWEST NET LOTS        53.39
AVERAGE OF HIGHEST NET LOTS       63.81
AVERAGE LIVE WT                  279.71
AVERAGE CARCASS WT               212.07
AVERAGE SORT LOSS                 -2.01
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.15
AVERAGE LEAN PERCENT              56.15
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      113,603
AVERAGE LIVE WT                  282.40
AVERAGE CARCASS WT               215.63
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.11
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.22 lbs carcass;  BF 0.66;  LD 2.57;  LEA 7.73;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.05
                    Wtd Avg Net Price        $65.69
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 04, 2018                   427,680
   January 05, 2018                   400,494
   January 06, 2018                   313,260
   January 07, 2018                    36,188
   January 08, 2018                   286,359
   January 09, 2018                   288,717
   January 10, 2018                   289,936
   January 11, 2018                   284,098
   January 12, 2018                   262,591
   January 13, 2018                    55,148
   January 14, 2018                    15,024
   January 15, 2018                    92,606
   January 16, 2018                   120,370
   January 17, 2018                   122,398
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,716        2,038      11,754
CARCASS BASE PRICE             56.95            *       56.95
AVERAGE NET PRICE              58.25            *       58.25
LOWEST NET LOT                 47.47            *       47.47
HIGHEST NET LOT                68.86            *       68.86
AVERAGE LIVE WT               276.31            *      277.36
AVERAGE CARCASS WT            209.39            *      209.90
AVERAGE SORT LOSS              -2.83            *       -2.83
AVERAGE BACKFAT                 0.66            *        0.66
AVG LOIN DEPTH (LD)             2.23            *        2.26
LEA (LD Converted)              6.67            *        6.75
AVERAGE LEAN PERCENT           54.49            *       54.56
(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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