National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 3/16/2018

Past Market Reports

Report Date: 3/16/2018

LM_HG201
Des Moines, Iowa               Fri, Mar 16, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, March 15, 2018

Barrows and Gilts (Live and Carcass Basis): 427,124

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

HEAD COUNT                 9,347   41,904   138,413   99,472      2,072  291,208
CARCASS BASE PRICE         60.61    65.78     63.02    67.65          *    64.99
AVERAGE NET PRICE          62.48    68.38     65.51    68.91          *    67.04
LOWEST NET LOT             48.78    60.48     52.70    54.53          *    55.25
HIGHEST NET LOT            66.76    77.01     79.00    82.26          *    77.24
AVERAGE LIVE WT           272.46   286.21    287.11   282.73          *   284.92
AVERAGE CARCASS WT        200.60   217.59    215.92   213.18          *   214.78
AVERAGE SORT LOSS          -1.98    -1.74     -1.84    -1.13          *    -1.59
AVERAGE BACKFAT             0.60     0.62      0.64     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.36     2.74      2.71     2.53          *     2.66
LEA (LD Converted)          7.09     8.23      8.16     7.59          *     7.98
AVERAGE LEAN PERCENT       54.44    56.35     56.22    55.54          *    56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        7,495
CARCASS BASE PRICE                62.90
AVERAGE NET PRICE                 65.06
AVERAGE OF LOWEST NET LOTS        62.10
AVERAGE OF HIGHEST NET LOTS       67.91
AVERAGE LIVE WT                  270.87
AVERAGE CARCASS WT               204.93
AVERAGE SORT LOSS                 -1.10
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.04
AVERAGE LEAN PERCENT              56.59
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      128,421
AVERAGE LIVE WT                  286.18
AVERAGE CARCASS WT               216.75
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.57
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.16 lbs carcass;  BF 0.65;  LD 2.63;  LEA 7.90;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.93
                    Wtd Avg Net Price        $66.99
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 16, 2018                     398,053
   March 17, 2018                     106,943
   March 18, 2018                      40,771
   March 19, 2018                     381,959
   March 20, 2018                     363,244
   March 21, 2018                     370,967
   March 22, 2018                     366,005
   March 23, 2018                     332,591
   March 24, 2018                      71,876
   March 25, 2018                      20,390
   March 26, 2018                     134,240
   March 27, 2018                     140,742
   March 28, 2018                     145,643
   March 29, 2018                     139,967
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,347        2,072      11,419
CARCASS BASE PRICE             60.61            *       60.61
AVERAGE NET PRICE              62.48            *       62.48
LOWEST NET LOT                 48.78            *       48.78
HIGHEST NET LOT                66.76            *       66.76
AVERAGE LIVE WT               272.46            *      273.20
AVERAGE CARCASS WT            200.60            *      200.60
AVERAGE SORT LOSS              -1.98            *       -1.98
AVERAGE BACKFAT                 0.60            *        0.60
AVG LOIN DEPTH (LD)             2.36            *        2.36
LEA (LD Converted)              7.09            *        7.09
AVERAGE LEAN PERCENT           54.44            *       54.44
(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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