National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/12/2018

Past Market Reports

Report Date: 2/12/2018

LM_HG201
Des Moines, Iowa               Mon, Feb 12, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, February 9, 2018 and Saturday, February 10, 2018

Barrows and Gilts (Live and Carcass Basis): 508,097

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

HEAD COUNT                12,480   56,398   157,189   99,746      1,849  327,662
CARCASS BASE PRICE         70.31    68.71     72.05    72.89          *    71.66
AVERAGE NET PRICE          71.63    71.26     74.54    74.13          *    73.72
LOWEST NET LOT             61.20    61.50     60.36    61.81          *    61.10
HIGHEST NET LOT            79.00    78.10     95.17    91.08          *    87.86
AVERAGE LIVE WT           276.46   288.16    285.49   284.37          *   285.25
AVERAGE CARCASS WT        209.85   218.53    215.50   213.98          *   215.35
AVERAGE SORT LOSS          -2.51    -2.12     -1.98    -1.18          *    -1.80
AVERAGE BACKFAT             0.69     0.62      0.65     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.47     2.80      2.73     2.52          *     2.69
LEA (LD Converted)          7.41     8.42      8.22     7.58          *     8.08
AVERAGE LEAN PERCENT       54.66    56.52     56.13    55.21          *    55.95
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,484
CARCASS BASE PRICE                73.12
AVERAGE NET PRICE                 75.29
AVERAGE OF LOWEST NET LOTS        72.00
AVERAGE OF HIGHEST NET LOTS       79.29
AVERAGE LIVE WT                  270.87
AVERAGE CARCASS WT               205.15
AVERAGE SORT LOSS                 -0.89
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.58
LOINEYE AREA (LD Converted)        7.76
AVERAGE LEAN PERCENT              55.80
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      167,951
AVERAGE LIVE WT                  286.40
AVERAGE CARCASS WT               217.52
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.38
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.78 lbs carcass;  BF 0.65;  LD 2.64;  LEA 7.93;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $71.71
                    Wtd Avg Net Price        $73.78
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 12, 2018                  433,414
   February 13, 2018                  410,595
   February 14, 2018                  409,075
   February 15, 2018                  401,579
   February 16, 2018                  370,079
   February 17, 2018                   64,900
   February 18, 2018                   19,799
   February 19, 2018                  136,165
   February 20, 2018                  147,123
   February 21, 2018                  145,353
   February 22, 2018                  145,090
   February 23, 2018                  118,456
   February 24, 2018                    7,950
   February 25, 2018                   12,198
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    12,480        1,849      14,329
CARCASS BASE PRICE             70.31            *       70.31
AVERAGE NET PRICE              71.63            *       71.63
LOWEST NET LOT                 61.20            *       61.20
HIGHEST NET LOT                79.00            *       79.00
AVERAGE LIVE WT               276.46            *      276.13
AVERAGE CARCASS WT            209.85            *      209.85
AVERAGE SORT LOSS              -2.51            *       -2.51
AVERAGE BACKFAT                 0.69            *        0.69
AVG LOIN DEPTH (LD)             2.47            *        2.47
LEA (LD Converted)              7.41            *        7.41
AVERAGE LEAN PERCENT           54.66            *       54.66
(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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