National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/22/2018

Past Market Reports

Report Date: 1/22/2018

LM_HG201
Des Moines, Iowa               Mon, Jan 22, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, January 19, 2018 and Saturday, January 20, 2018

Barrows and Gilts (Live and Carcass Basis): 611,143

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

HEAD COUNT                13,098   80,238   177,450   94,740      1,268  366,794
CARCASS BASE PRICE         69.22    66.54     71.52    73.34          *    70.77
AVERAGE NET PRICE          70.75    69.07     73.43    74.22          *    72.57
LOWEST NET LOT             59.37    55.00     59.47    58.90          *    57.77
HIGHEST NET LOT            84.80    75.62     85.78    90.46          *    84.10
AVERAGE LIVE WT           283.51   285.16    286.95   284.55          *   285.78
AVERAGE CARCASS WT        208.71   214.97    216.79   213.81          *    215.31
AVERAGE SORT LOSS          -1.98    -1.85     -2.04    -1.37          *    -1.84
AVERAGE BACKFAT             0.68     0.64      0.64     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.45     2.67      2.71     2.57          *     2.67
LEA (LD Converted)          7.35     8.04      8.16     7.71          *     8.03
AVERAGE LEAN PERCENT       54.65    56.01     55.98    55.42          *    55.87
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       17,246
CARCASS BASE PRICE                71.12
AVERAGE NET PRICE                 73.47
AVERAGE OF LOWEST NET LOTS        67.56
AVERAGE OF HIGHEST NET LOTS       75.84
AVERAGE LIVE WT                  277.59
AVERAGE CARCASS WT               208.69
AVERAGE SORT LOSS                 -1.70
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.10
AVERAGE LEAN PERCENT              56.04
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      227,103
AVERAGE LIVE WT                  284.90
AVERAGE CARCASS WT               216.50
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.12
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.57 lbs carcass;  BF 0.65;  LD 2.61;  LEA 7.84;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $70.79
                    Wtd Avg Net Price        $72.61
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 22, 2018                   428,073
   January 23, 2018                   407,376
   January 24, 2018                   401,510
   January 25, 2018                   396,473
   January 26, 2018                   358,241
   January 27, 2018                    39,041
   January 28, 2018                    19,373
   January 29, 2018                   134,203
   January 30, 2018                   138,138
   January 31, 2018                   138,559
   February 01, 2018                  132,613
   February 02, 2018                  122,703
   February 03, 2018                   10,955
   February 04, 2018                   10,380
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    13,098        1,268      14,366
CARCASS BASE PRICE             69.22            *       69.22
AVERAGE NET PRICE              70.75            *       70.75
LOWEST NET LOT                 59.37            *       59.37
HIGHEST NET LOT                84.80            *       84.80
AVERAGE LIVE WT               283.51            *      283.21
AVERAGE CARCASS WT            208.71            *      208.72
AVERAGE SORT LOSS              -1.98            *       -1.96
AVERAGE BACKFAT                 0.68            *        0.68
AVG LOIN DEPTH (LD)             2.45            *        2.45
LEA (LD Converted)              7.35            *        7.35
AVERAGE LEAN PERCENT           54.65            *       54.70
(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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