National Daily Direct Hog Prior Day - Slaughtered Swine

1. Cattle.com
2. Market Reports
3. Iowa
4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 3/12/2018

Past Market Reports

Report Date: 3/12/2018

LM_HG201
Des Moines, Iowa               Mon, Mar 12, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, March 9, 2018 and Saturday, March 10, 2018

Barrows and Gilts (Live and Carcass Basis): 554,294

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

HEAD COUNT                20,532   61,374   168,312  113,663      1,568  365,449
CARCASS BASE PRICE         62.39    66.82     64.58    67.81          *    65.91
AVERAGE NET PRICE          63.20    69.37     67.14    68.88          *    67.89
LOWEST NET LOT             52.44    58.12     55.18    54.60          *    56.24
HIGHEST NET LOT            70.72    78.80     85.03    82.51          *    82.03
AVERAGE LIVE WT           282.77   287.24    286.42   285.86          *   286.09
AVERAGE CARCASS WT        210.87   218.07    215.96   215.74          *   215.99
AVERAGE SORT LOSS          -2.77    -2.04     -1.93    -1.45          *    -1.83
AVERAGE BACKFAT             0.64     0.61      0.64     0.70          *     0.65
AVG LOIN DEPTH (LD)         2.47     2.77      2.74     2.57          *     2.69
LEA (LD Converted)          7.41     8.35      8.25     7.73          *     8.11
AVERAGE LEAN PERCENT       54.79    56.51     56.31    55.75          *    56.16
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       14,160
CARCASS BASE PRICE                64.22
AVERAGE NET PRICE                 65.64
AVERAGE OF LOWEST NET LOTS        58.31
AVERAGE OF HIGHEST NET LOTS       69.88
AVERAGE LIVE WT                  278.91
AVERAGE CARCASS WT               210.81
AVERAGE SORT LOSS                 -1.39
AVERAGE BACKFAT                    0.71
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        8.00
AVERAGE LEAN PERCENT              56.06
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      174,685
AVERAGE LIVE WT                  286.92
AVERAGE CARCASS WT               218.18
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.24
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.51 lbs carcass;  BF 0.65;  LD 2.64;  LEA 7.94;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.85
                    Wtd Avg Net Price        $67.80
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 12, 2018                     431,985
   March 13, 2018                     407,894
   March 14, 2018                     409,875
   March 15, 2018                     399,353
   March 16, 2018                     370,650
   March 17, 2018                      75,144
   March 18, 2018                      24,838
   March 19, 2018                     140,258
   March 20, 2018                     149,235
   March 21, 2018                     148,693
   March 22, 2018                     141,815
   March 23, 2018                     135,471
   March 24, 2018                      22,975
   March 25, 2018                      12,018
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    20,532        1,568      22,100
CARCASS BASE PRICE             62.39            *       62.39
AVERAGE NET PRICE              63.20            *       63.20
LOWEST NET LOT                 52.44            *       52.44
HIGHEST NET LOT                70.72            *       70.72
AVERAGE LIVE WT               282.77            *      281.47
AVERAGE CARCASS WT            210.87            *      210.71
AVERAGE SORT LOSS              -2.77            *       -2.70
AVERAGE BACKFAT                 0.64            *        0.64
AVG LOIN DEPTH (LD)             2.47            *        2.48
LEA (LD Converted)              7.41            *        7.45
AVERAGE LEAN PERCENT           54.79            *       54.86
(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
1000C


.