National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/6/2018

Past Market Reports

Report Date: 2/6/2018

LM_HG201
Des Moines, Iowa               Tue, Feb 06, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 5, 2018

Barrows and Gilts (Live and Carcass Basis): 419,802

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

HEAD COUNT                 9,627   59,814   122,542   86,110      1,540  279,633
CARCASS BASE PRICE         70.53    68.29     72.76    74.59          *    72.28
AVERAGE NET PRICE          71.81    70.35     75.34    76.00          *    74.35
LOWEST NET LOT             61.69    58.93     63.01    58.32          *    60.23
HIGHEST NET LOT            81.48    79.19     90.16    90.17          *    87.07
AVERAGE LIVE WT           272.63   281.29    284.69   282.12          *   282.74
AVERAGE CARCASS WT        204.10   212.37    214.80   212.07          *   213.06
AVERAGE SORT LOSS          -2.59    -1.64     -1.84    -1.18          *    -1.63
AVERAGE BACKFAT             0.64     0.65      0.63     0.68          *     0.65
AVG LOIN DEPTH (LD)         2.39     2.62      2.72     2.59          *     2.66
LEA (LD Converted)          7.18     7.87      8.19     7.78          *     7.99
AVERAGE LEAN PERCENT       54.73    55.96     56.25    55.86          *    56.05
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,268
CARCASS BASE PRICE                74.02
AVERAGE NET PRICE                 75.46
AVERAGE OF LOWEST NET LOTS        69.76
AVERAGE OF HIGHEST NET LOTS       75.83
AVERAGE LIVE WT                  282.09
AVERAGE CARCASS WT               210.15
AVERAGE SORT LOSS                 -1.31
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.04
AVERAGE LEAN PERCENT              55.88
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      128,901
AVERAGE LIVE WT                  279.99
AVERAGE CARCASS WT               213.64
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              54.16
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.15 lbs carcass;  BF 0.64;  LD 2.61;  LEA 7.85;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $72.35
                    Wtd Avg Net Price        $74.39
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 06, 2018                  436,175
   February 07, 2018                  411,731
   February 08, 2018                  401,876
   February 09, 2018                  377,555
   February 10, 2018                   71,517
   February 11, 2018                   27,033
   February 12, 2018                  154,412
   February 13, 2018                  169,469
   February 14, 2018                  160,305
   February 15, 2018                  155,721
   February 16, 2018                  139,872
   February 17, 2018                   12,808
   February 18, 2018                   15,428
   February 19, 2018                   96,567
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,627        1,540      11,167
CARCASS BASE PRICE             70.53            *       70.53
AVERAGE NET PRICE              71.81            *       71.81
LOWEST NET LOT                 61.69            *       61.69
HIGHEST NET LOT                81.48            *       81.48
AVERAGE LIVE WT               272.63            *      273.03
AVERAGE CARCASS WT            204.10            *      204.64
AVERAGE SORT LOSS              -2.59            *       -2.54
AVERAGE BACKFAT                 0.64            *        0.64
AVG LOIN DEPTH (LD)             2.39            *        2.40
LEA (LD Converted)              7.18            *        7.21
AVERAGE LEAN PERCENT           54.73            *       54.76
(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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