National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 3/2/2018

Past Market Reports

Report Date: 3/2/2018

LM_HG201
Des Moines, Iowa               Fri, Mar 02, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, March 1, 2018

Barrows and Gilts (Live and Carcass Basis): 426,672

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

HEAD COUNT                10,560   60,621   127,555   84,869      1,029   284,634
CARCASS BASE PRICE         63.96    67.76     65.93    69.61          *     67.41
AVERAGE NET PRICE          65.25    70.21     68.23    70.67          *     69.32
LOWEST NET LOT             57.16    59.80     54.69    54.84          *     56.66
HIGHEST NET LOT            72.58    77.97     80.51    86.66          *     80.00
AVERAGE LIVE WT           279.30   285.55    286.04   283.65          *    284.92
AVERAGE CARCASS WT        204.02   215.31    215.46   213.80          *    214.60
AVERAGE SORT LOSS          -2.66    -1.59     -1.86    -1.23          *     -1.65
AVERAGE BACKFAT             0.62     0.65      0.64     0.70          *      0.66
AVG LOIN DEPTH (LD)         2.39     2.65      2.73     2.59          *      2.67
LEA (LD Converted)          7.19     7.96      8.21     7.77          *      8.02
AVERAGE LEAN PERCENT       54.72    56.03     56.19    55.62          *     55.99
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,330
CARCASS BASE PRICE                65.31
AVERAGE NET PRICE                 67.32
AVERAGE OF LOWEST NET LOTS        60.11
AVERAGE OF HIGHEST NET LOTS       69.65
AVERAGE LIVE WT                  284.22
AVERAGE CARCASS WT               211.34
AVERAGE SORT LOSS                 -1.29
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.70
LOINEYE AREA (LD Converted)        8.11
AVERAGE LEAN PERCENT              56.45
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      133,708
AVERAGE LIVE WT                  285.38
AVERAGE CARCASS WT               216.29
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.48
AVERAGE LEAN PERCENT              54.33
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.02 lbs carcass;  BF 0.65;  LD 2.63;  LEA 7.90;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $67.34
                    Wtd Avg Net Price        $69.26
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 02, 2018                     405,679
   March 03, 2018                     114,345
   March 04, 2018                      44,603
   March 05, 2018                     374,512
   March 06, 2018                     379,225
   March 07, 2018                     375,638
   March 08, 2018                     375,298
   March 09, 2018                     349,263
   March 10, 2018                      64,400
   March 11, 2018                      17,753
   March 12, 2018                     127,891
   March 13, 2018                     135,047
   March 14, 2018                     138,498
   March 15, 2018                     132,684
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,560        1,029       11,589
CARCASS BASE PRICE             63.96            *        63.96
AVERAGE NET PRICE              65.25            *        65.25
LOWEST NET LOT                 57.16            *        57.16
HIGHEST NET LOT                72.58            *        72.58
AVERAGE LIVE WT               279.30            *       278.67
AVERAGE CARCASS WT            204.02            *       204.02
AVERAGE SORT LOSS              -2.66            *        -2.66
AVERAGE BACKFAT                 0.62            *         0.62
AVG LOIN DEPTH (LD)             2.39            *         2.39
LEA (LD Converted)              7.19            *         7.19
AVERAGE LEAN PERCENT           54.72            *        54.72
(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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