National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 1/29/2018

Past Market Reports

Report Date: 1/29/2018

LM_HG201
Des Moines, Iowa               Mon, Jan 29, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, January 26, 2018 and Saturday, January 27, 2018

Barrows and Gilts (Live and Carcass Basis): 564,590

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

HEAD COUNT                14,280   65,916   188,538  115,888      2,159  386,781
CARCASS BASE PRICE         69.66    67.33     71.73    73.10          *    71.29
AVERAGE NET PRICE          70.79    70.06     74.03    74.07          *    73.24
LOWEST NET LOT             61.02    59.31     58.90    62.23          *    60.60
HIGHEST NET LOT            78.51    76.54     89.57    89.60          *    85.70
AVERAGE LIVE WT           277.78   287.15    286.63   283.96          *   285.57
AVERAGE CARCASS WT        207.97   217.04    215.96   213.83          *   215.22
AVERAGE SORT LOSS          -2.13    -1.93     -1.85    -1.36          *    -1.74
AVERAGE BACKFAT             0.66     0.61      0.66     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.42     2.81      2.73     2.54          *     2.70
LEA (LD Converted)          7.26     8.44      8.23     7.64          *     8.11
AVERAGE LEAN PERCENT       54.80    56.53     56.10    55.59          *    56.04
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,873
CARCASS BASE PRICE                71.32
AVERAGE NET PRICE                 74.25
AVERAGE OF LOWEST NET LOTS        69.82
AVERAGE OF HIGHEST NET LOTS       78.75
AVERAGE LIVE WT                  269.56
AVERAGE CARCASS WT               202.29
AVERAGE SORT LOSS                 -1.15
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.70
LOINEYE AREA (LD Converted)        8.11
AVERAGE LEAN PERCENT              56.08
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      165,936
AVERAGE LIVE WT                  286.50
AVERAGE CARCASS WT               217.85
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.19
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.68 lbs carcass;  BF 0.66;  LD 2.65;  LEA 7.95;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $71.29
                    Wtd Avg Net Price        $73.27
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   January 29, 2018                   435,509
   January 30, 2018                   411,588
   January 31, 2018                   409,706
   February 01, 2018                  403,992
   February 02, 2018                  376,897
   February 03, 2018                   97,577
   February 04, 2018                   17,243
   February 05, 2018                  134,501
   February 06, 2018                  145,577
   February 07, 2018                  141,138
   February 08, 2018                  137,586
   February 09, 2018                  125,838
   February 10, 2018                   10,165
   February 11, 2018                   13,573
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    14,280        2,159      16,439
CARCASS BASE PRICE             69.66            *       69.66
AVERAGE NET PRICE              70.79            *       70.79
LOWEST NET LOT                 61.02            *       61.02
HIGHEST NET LOT                78.51            *       78.51
AVERAGE LIVE WT               277.78            *      278.71
AVERAGE CARCASS WT            207.97            *      208.58
AVERAGE SORT LOSS              -2.13            *       -2.21
AVERAGE BACKFAT                 0.66            *        0.66
AVG LOIN DEPTH (LD)             2.42            *        2.46
LEA (LD Converted)              7.26            *        7.39
AVERAGE LEAN PERCENT           54.80            *       54.99
(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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