National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/20/2018

Past Market Reports

Report Date: 2/20/2018

LM_HG201
Des Moines, Iowa               Tue, Feb 20, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 19, 2018

Barrows and Gilts (Live and Carcass Basis): 404,055

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

HEAD COUNT                 5,283   55,172   119,199   85,696      1,040  266,390
CARCASS BASE PRICE         67.46    67.92     68.68    71.97          *    69.59
AVERAGE NET PRICE          68.13    70.05     71.22    73.19          *    71.57
LOWEST NET LOT             55.97    56.43     60.46    61.13          *    59.44
HIGHEST NET LOT            73.18    79.18     77.89    88.57          *    79.71
AVERAGE LIVE WT           277.78   284.77    285.90   281.72          *   284.22
AVERAGE CARCASS WT        209.31   214.63    215.21   211.70          *   213.79
AVERAGE SORT LOSS          -1.41    -1.49     -1.79    -1.25          *    -1.55
AVERAGE BACKFAT             0.70     0.65      0.63     0.68          *     0.65
AVG LOIN DEPTH (LD)         2.50     2.64      2.74     2.60          *     2.68
LEA (LD Converted)          7.50     7.95      8.23     7.81          *     8.05
AVERAGE LEAN PERCENT       54.62    56.03     56.36    55.78          *    56.12
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,614
CARCASS BASE PRICE                68.60
AVERAGE NET PRICE                 70.41
AVERAGE OF LOWEST NET LOTS        61.15
AVERAGE OF HIGHEST NET LOTS       72.83
AVERAGE LIVE WT                  277.41
AVERAGE CARCASS WT               206.28
AVERAGE SORT LOSS                 -1.82
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.77
LOINEYE AREA (LD Converted)        8.32
AVERAGE LEAN PERCENT              56.78
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      128,051
AVERAGE LIVE WT                  282.65
AVERAGE CARCASS WT               214.23
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.45
AVERAGE LEAN PERCENT              54.30
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.74 lbs carcass;  BF 0.64;  LD 2.62;  LEA 7.89;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $69.56
                    Wtd Avg Net Price        $71.53
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 20, 2018                  429,733
   February 21, 2018                  410,719
   February 22, 2018                  405,439
   February 23, 2018                  364,527
   February 24, 2018                   89,114
   February 25, 2018                   28,968
   February 26, 2018                  159,123
   February 27, 2018                  169,790
   February 28, 2018                  171,198
   March 01, 2018                     165,264
   March 02, 2018                     155,428
   March 03, 2018                      25,410
   March 04, 2018                      12,693
   March 05, 2018                      90,791
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     5,283        1,040       6,323
CARCASS BASE PRICE             67.46            *       67.46
AVERAGE NET PRICE              68.13            *       68.13
LOWEST NET LOT                 55.97            *       55.97
HIGHEST NET LOT                73.18            *       73.18
AVERAGE LIVE WT               277.78            *      279.96
AVERAGE CARCASS WT            209.31            *      209.28
AVERAGE SORT LOSS              -1.41            *       -1.39
AVERAGE BACKFAT                 0.70            *        0.70
AVG LOIN DEPTH (LD)             2.50            *        2.50
LEA (LD Converted)              7.50            *        7.51
AVERAGE LEAN PERCENT           54.62            *       54.65
(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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