Report Date: 2/27/2018
LM_HG201
Des Moines, Iowa Tue, Feb 27, 2018 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, February 26, 2018
Barrows and Gilts (Live and Carcass Basis): 422,768
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 9,762 39,626 125,932 100,561 2,277 278,158
CARCASS BASE PRICE 63.76 68.46 66.40 70.38 * 68.13
AVERAGE NET PRICE 64.90 70.70 68.83 71.78 * 70.09
LOWEST NET LOT 55.77 61.08 57.48 57.67 * 58.78
HIGHEST NET LOT 70.37 76.13 79.20 85.38 * 77.59
AVERAGE LIVE WT 270.06 286.54 284.78 282.35 * 283.59
AVERAGE CARCASS WT 200.70 217.13 214.78 212.38 * 213.80
AVERAGE SORT LOSS -1.92 -1.95 -1.85 -1.22 * -1.64
AVERAGE BACKFAT 0.62 0.63 0.63 0.68 * 0.65
AVG LOIN DEPTH (LD) 2.40 2.73 2.76 2.57 * 2.69
LEA (LD Converted) 7.21 8.22 8.29 7.72 * 8.07
AVERAGE LEAN PERCENT 54.73 56.35 56.44 55.79 * 56.18
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 9,915
CARCASS BASE PRICE 66.05
AVERAGE NET PRICE 68.00
AVERAGE OF LOWEST NET LOTS 61.85
AVERAGE OF HIGHEST NET LOTS 68.15
AVERAGE LIVE WT 281.15
AVERAGE CARCASS WT 206.31
AVERAGE SORT LOSS -1.41
AVERAGE BACKFAT 0.64
AVERAGE LOIN DEPTH (LD) 2.78
LOINEYE AREA (LD Converted) 8.37
AVERAGE LEAN PERCENT 56.85
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 134,695
AVERAGE LIVE WT 283.73
AVERAGE CARCASS WT 215.38
AVERAGE BACKFAT 0.62
AVERAGE LOIN DEPTH (LD) 2.47
AVERAGE LEAN PERCENT 54.28
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.09 lbs carcass; BF 0.64; LD 2.64; LEA 7.92; FFLI 53.80%
CARCASS-BASED PURCHASES:
Wtd Avg Base $68.06
Wtd Avg Net Price $70.02
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
February 27, 2018 445,284
February 28, 2018 413,188
March 01, 2018 405,862
March 02, 2018 381,262
March 03, 2018 98,991
March 04, 2018 34,453
March 05, 2018 170,427
March 06, 2018 178,497
March 07, 2018 179,447
March 08, 2018 175,491
March 09, 2018 147,239
March 10, 2018 14,880
March 11, 2018 12,668
March 12, 2018 88,389
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NEGOTIATED NEGOTIATED COMBINED
FORMULA
Producer Sold:
HEAD COUNT 9,762 2,277 12,039
CARCASS BASE PRICE 63.76 * 63.76
AVERAGE NET PRICE 64.90 * 64.90
LOWEST NET LOT 55.77 * 55.77
HIGHEST NET LOT 70.37 * 70.37
AVERAGE LIVE WT 270.06 * 271.59
AVERAGE CARCASS WT 200.70 * 201.42
AVERAGE SORT LOSS -1.92 * -1.91
AVERAGE BACKFAT 0.62 * 0.62
AVG LOIN DEPTH (LD) 2.40 * 2.42
LEA (LD Converted) 7.21 * 7.27
AVERAGE LEAN PERCENT 54.73 * 54.88
(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
1000C
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