Report Date: 2/23/2018
LM_HG201
Des Moines, Iowa Fri, Feb 23, 2018 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, February 22, 2018
Barrows and Gilts (Live and Carcass Basis): 428,052
NEGOTIATED OTHER SWINE OTHER NEGOTIATED TOTALS/
MARKET OR PORK PURCHASE FORMULA WTD AVG
FORMULA MARKET ARRGMENT
(FUT/OPT)** FORMULA
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Producer Sold:
HEAD COUNT 10,965 60,807 136,049 82,249 1,441 291,511
CARCASS BASE PRICE 66.51 68.26 67.24 70.98 * 68.55
AVERAGE NET PRICE 68.14 70.68 69.81 72.23 * 70.67
LOWEST NET LOT 55.05 59.46 56.41 53.36 * 57.43
HIGHEST NET LOT 72.54 76.84 84.25 87.79 * 83.63
AVERAGE LIVE WT 273.05 285.19 286.70 284.04 * 285.03
AVERAGE CARCASS WT 199.53 215.53 216.06 213.69 * 214.78
AVERAGE SORT LOSS -1.91 -1.67 -1.80 -1.10 * -1.58
AVERAGE BACKFAT 0.60 0.64 0.64 0.70 * 0.65
AVG LOIN DEPTH (LD) 2.32 2.67 2.74 2.62 * 2.69
LEA (LD Converted) 6.97 8.03 8.26 7.87 * 8.10
AVERAGE LEAN PERCENT 54.46 56.20 56.25 55.77 * 56.10
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 7,336
CARCASS BASE PRICE 67.22
AVERAGE NET PRICE 69.72
AVERAGE OF LOWEST NET LOTS 66.10
AVERAGE OF HIGHEST NET LOTS 71.95
AVERAGE LIVE WT 283.23
AVERAGE CARCASS WT 210.17
AVERAGE SORT LOSS -1.23
AVERAGE BACKFAT 0.66
AVERAGE LOIN DEPTH (LD) 2.74
LOINEYE AREA (LD Converted) 8.24
AVERAGE LEAN PERCENT 56.03
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 129,205
AVERAGE LIVE WT 285.15
AVERAGE CARCASS WT 216.56
AVERAGE BACKFAT 0.65
AVERAGE LOIN DEPTH (LD) 2.49
AVERAGE LEAN PERCENT 54.08
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.20 lbs carcass; BF 0.65; LD 2.65; LEA 7.96; FFLI 53.60%
CARCASS-BASED PURCHASES:
Wtd Avg Base $68.51
Wtd Avg Net Price $70.65
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
February 23, 2018 394,287
February 24, 2018 111,167
February 25, 2018 40,741
February 26, 2018 378,605
February 27, 2018 383,372
February 28, 2018 382,596
March 01, 2018 355,406
March 02, 2018 336,485
March 03, 2018 89,038
March 04, 2018 18,993
March 05, 2018 132,892
March 06, 2018 137,951
March 07, 2018 135,361
March 08, 2018 129,562
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NEGOTIATED NEGOTIATED COMBINED
FORMULA
Producer Sold:
HEAD COUNT 10,965 1,441 12,406
CARCASS BASE PRICE 66.51 * 66.51
AVERAGE NET PRICE 68.14 * 68.14
LOWEST NET LOT 55.05 * 55.05
HIGHEST NET LOT 72.54 * 72.54
AVERAGE LIVE WT 273.05 * 273.11
AVERAGE CARCASS WT 199.53 * 199.86
AVERAGE SORT LOSS -1.91 * -1.86
AVERAGE BACKFAT 0.60 * 0.60
AVG LOIN DEPTH (LD) 2.32 * 2.33
LEA (LD Converted) 6.97 * 6.99
AVERAGE LEAN PERCENT 54.46 * 54.45
(Packer Buying Programs)
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* 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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