National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/1/2018

Past Market Reports

Report Date: 2/1/2018

LM_HG201
Des Moines, Iowa               Thu, Feb 01, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, January 31, 2018

Barrows and Gilts (Live and Carcass Basis): 431,530

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

HEAD COUNT                 9,170   46,939   139,898   94,867      1,558  292,432
CARCASS BASE PRICE         69.83    67.74     71.57    73.18          *    71.44
AVERAGE NET PRICE          71.26    70.44     74.10    74.17          *    73.45
LOWEST NET LOT             60.81    59.87     57.60    61.46          *    60.44
HIGHEST NET LOT            75.90    75.93     90.72    89.45          *    83.94
AVERAGE LIVE WT           269.83   285.63    285.83   282.95          *   284.40
AVERAGE CARCASS WT        204.00   216.20    215.21   212.64          *   214.16
AVERAGE SORT LOSS          -2.51    -1.98     -1.81    -1.26          *    -1.68
AVERAGE BACKFAT             0.64     0.64      0.64     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.33     2.74      2.74     2.52          *     2.67
LEA (LD Converted)          6.99     8.24      8.23     7.56          *     8.03
AVERAGE LEAN PERCENT       54.29    56.19     56.28    55.54          *    56.04
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,813
CARCASS BASE PRICE                71.92
AVERAGE NET PRICE                 73.47
AVERAGE OF LOWEST NET LOTS        68.24
AVERAGE OF HIGHEST NET LOTS       75.70
AVERAGE LIVE WT                  281.77
AVERAGE CARCASS WT               212.08
AVERAGE SORT LOSS                 -1.60
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.71
LOINEYE AREA (LD Converted)        8.13
AVERAGE LEAN PERCENT              56.20
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      128,285
AVERAGE LIVE WT                  283.48
AVERAGE CARCASS WT               215.60
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              54.25
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.50 lbs carcass;  BF 0.65;  LD 2.63;  LEA 7.90;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $71.45
                    Wtd Avg Net Price        $73.45
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 01, 2018                  437,123
   February 02, 2018                  396,657
   February 03, 2018                  108,832
   February 04, 2018                   36,596
   February 05, 2018                  246,414
   February 06, 2018                  249,891
   February 07, 2018                  251,169
   February 08, 2018                  241,063
   February 09, 2018                  221,469
   February 10, 2018                   25,897
   February 11, 2018                   16,388
   February 12, 2018                  124,223
   February 13, 2018                  132,366
   February 14, 2018                  130,028
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,170        1,558      10,728
CARCASS BASE PRICE             69.83            *       69.83
AVERAGE NET PRICE              71.26            *       71.26
LOWEST NET LOT                 60.81            *       60.81
HIGHEST NET LOT                75.90            *       75.90
AVERAGE LIVE WT               269.83            *      272.68
AVERAGE CARCASS WT            204.00            *      204.24
AVERAGE SORT LOSS              -2.51            *       -2.51
AVERAGE BACKFAT                 0.64            *        0.64
AVG LOIN DEPTH (LD)             2.33            *        2.34
LEA (LD Converted)              6.99            *        7.01
AVERAGE LEAN PERCENT           54.29            *       54.39
(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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