Report Date: 3/26/2018
LM_HG201 ***CORRECTIONS TO SWINE OR PORK MARKET FORMULA***
Des Moines, Iowa Mon, Mar 26, 2018 USDA Market News
NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, March 23, 2018 and Saturday, March 24, 2018
Barrows and Gilts (Live and Carcass Basis): 502,914
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 15,056 76,269 161,610 88,305 1,895 343,135
CARCASS BASE PRICE 57.29 64.72 58.83 64.58 * 61.66
AVERAGE NET PRICE 57.63 67.38 ***61.13*** 65.86 * 63.67
LOWEST NET LOT 48.45 46.07 47.10 54.15 * 49.89
HIGHEST NET LOT 65.51 79.35 72.44 85.13 * 81.35
AVERAGE LIVE WT 280.68 284.92 287.04 284.99 * 285.68
AVERAGE CARCASS WT 210.44 215.18 216.40 214.69 * 215.42
AVERAGE SORT LOSS -2.82 -1.69 -1.89 -1.29 * -1.73
AVERAGE BACKFAT 0.65 0.63 0.64 0.68 * 0.65
AVG LOIN DEPTH (LD) 2.44 2.70 2.73 2.60 * 2.69
LEA (LD Converted) 7.32 8.12 8.22 7.80 * 8.09
AVERAGE LEAN PERCENT 54.92 56.29 56.23 55.84 * 56.14
(Packer Buying Programs)
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Packer Sold: TOTALS/WTD AVG
All Purchase Types
HEAD COUNT 9,427
CARCASS BASE PRICE 58.28
AVERAGE NET PRICE 60.56
AVERAGE OF LOWEST NET LOTS 55.97
AVERAGE OF HIGHEST NET LOTS 65.05
AVERAGE LIVE WT 279.46
AVERAGE CARCASS WT 210.10
AVERAGE SORT LOSS -1.72
AVERAGE BACKFAT 0.63
AVERAGE LOIN DEPTH (LD) 2.75
LOINEYE AREA (LD Converted) 8.26
AVERAGE LEAN PERCENT 56.76
(Packer Buying Programs)
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Packer Owned: TOTALS/WTD AVG
HEAD COUNT 150,352
AVERAGE LIVE WT 286.08
AVERAGE CARCASS WT 217.52
AVERAGE BACKFAT 0.63
AVERAGE LOIN DEPTH (LD) 2.51
AVERAGE LEAN PERCENT 54.37
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MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.92 lbs carcass; BF 0.64; LD 2.65; LEA 7.96; FFLI 53.70%
CARCASS-BASED PURCHASES:
Wtd Avg Base $61.56
Wtd Avg Net Price $63.58
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SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER
(Dates based on reporting days) Head Count
March 26, 2018 431,912
March 27, 2018 415,084
March 28, 2018 414,567
March 29, 2018 408,411
March 30, 2018 343,750
March 31, 2018 88,514
April 01, 2018 10,109
April 02, 2018 131,521
April 03, 2018 153,572
April 04, 2018 159,319
April 05, 2018 157,770
April 06, 2018 145,659
April 07, 2018 24,991
April 08, 2018 11,323
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NEGOTIATED NEGOTIATED COMBINED
FORMULA
Producer Sold:
HEAD COUNT 15,056 1,895 16,951
CARCASS BASE PRICE 57.29 * 57.29
AVERAGE NET PRICE 57.63 * 57.63
LOWEST NET LOT 48.45 * 48.45
HIGHEST NET LOT 65.51 * 65.51
AVERAGE LIVE WT 280.68 * 280.19
AVERAGE CARCASS WT 210.44 * 210.23
AVERAGE SORT LOSS -2.82 * -2.75
AVERAGE BACKFAT 0.65 * 0.65
AVG LOIN DEPTH (LD) 2.44 * 2.47
LEA (LD Converted) 7.32 * 7.40
AVERAGE LEAN PERCENT 54.92 * 55.10
(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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