National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 2/22/2018

Past Market Reports

Report Date: 2/22/2018

LM_HG201
Des Moines, Iowa               Thu, Feb 22, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, February 21, 2018

Barrows and Gilts (Live and Carcass Basis): 414,084

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

HEAD COUNT                 8,708   55,705   125,727   81,279        993  272,412
CARCASS BASE PRICE         66.09    68.39     67.62    71.59          *    68.95
AVERAGE NET PRICE          67.65    70.57     70.02    72.64          *    70.87
LOWEST NET LOT             58.76    51.37     54.56    57.49          *    55.79
HIGHEST NET LOT            75.02    77.51     85.04    87.99          *    83.13
AVERAGE LIVE WT           269.51   284.35    286.13   283.45          *   284.38
AVERAGE CARCASS WT        199.65   214.76    215.70   213.75          *   214.43
AVERAGE SORT LOSS          -2.47    -1.54     -1.92    -1.30          *    -1.68
AVERAGE BACKFAT             0.62     0.64      0.64     0.71          *     0.66
AVG LOIN DEPTH (LD)         2.30     2.62      2.75     2.60          *     2.67
LEA (LD Converted)          6.89     7.88      8.28     7.83          *     8.05
AVERAGE LEAN PERCENT       54.12    56.05     56.32    55.49          *    56.03
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,632
CARCASS BASE PRICE                67.81
AVERAGE NET PRICE                 69.53
AVERAGE OF LOWEST NET LOTS        59.91
AVERAGE OF HIGHEST NET LOTS       73.02
AVERAGE LIVE WT                  277.50
AVERAGE CARCASS WT               208.22
AVERAGE SORT LOSS                 -2.10
AVERAGE BACKFAT                    0.59
AVERAGE LOIN DEPTH (LD)            2.74
LOINEYE AREA (LD Converted)        8.25
AVERAGE LEAN PERCENT              56.61
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      130,040
AVERAGE LIVE WT                  282.36
AVERAGE CARCASS WT               214.73
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.46
AVERAGE LEAN PERCENT              54.08
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.34 lbs carcass;  BF 0.65;  LD 2.63;  LEA 7.91;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $68.90
                    Wtd Avg Net Price        $70.82
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   February 22, 2018                  416,808
   February 23, 2018                  371,712
   February 24, 2018                  115,101
   February 25, 2018                   34,124
   February 26, 2018                  241,330
   February 27, 2018                  244,538
   February 28, 2018                  241,924
   March 01, 2018                     237,751
   March 02, 2018                     218,633
   March 03, 2018                      56,586
   March 04, 2018                      19,858
   March 05, 2018                     130,624
   March 06, 2018                     137,166
   March 07, 2018                     134,366
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,708          993       9,701
CARCASS BASE PRICE             66.09            *       66.09
AVERAGE NET PRICE              67.65            *       67.65
LOWEST NET LOT                 58.76            *       58.76
HIGHEST NET LOT                75.02            *       75.02
AVERAGE LIVE WT               269.51            *      270.56
AVERAGE CARCASS WT            199.65            *      199.65
AVERAGE SORT LOSS              -2.47            *       -2.42
AVERAGE BACKFAT                 0.62            *        0.62
AVG LOIN DEPTH (LD)             2.30            *        2.31
LEA (LD Converted)              6.89            *        6.91
AVERAGE LEAN PERCENT           54.12            *       54.24
(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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