National Daily Direct Hog Prior Day - Slaughtered Swine

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4. National Daily Direct Hog Prior Day - Slaughtered Swine
5. 3/28/2018

Past Market Reports

Report Date: 3/28/2018

LM_HG201
Des Moines, Iowa               Wed, Mar 28, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, March 27, 2018

Barrows and Gilts (Live and Carcass Basis): 429,450

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

HEAD COUNT                 9,661   38,178   132,228  100,532      1,187  281,786
CARCASS BASE PRICE         53.47    63.33     57.13    64.81          *    60.82
AVERAGE NET PRICE          55.22    65.86     59.78    66.17          *    62.91
LOWEST NET LOT             46.64    48.71     46.98    44.85          *    47.85
HIGHEST NET LOT            62.73    80.13     74.21    86.58          *    77.70
AVERAGE LIVE WT           269.54   285.22    284.15   281.72          *   283.06
AVERAGE CARCASS WT        198.30   216.42    214.20   211.65          *   213.09
AVERAGE SORT LOSS          -1.53    -1.90     -1.78    -1.02          *    -1.52
AVERAGE BACKFAT             0.72     0.63      0.64     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.26     2.75      2.73     2.55          *     2.67
LEA (LD Converted)          6.79     8.28      8.20     7.67          *     8.03
AVERAGE LEAN PERCENT       54.20    56.28     56.17    55.63          *    55.99
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,980
CARCASS BASE PRICE                56.26
AVERAGE NET PRICE                 58.65
AVERAGE OF LOWEST NET LOTS        53.46
AVERAGE OF HIGHEST NET LOTS       61.81
AVERAGE LIVE WT                  277.84
AVERAGE CARCASS WT               208.56
AVERAGE SORT LOSS                 -1.57
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.73
LOINEYE AREA (LD Converted)        8.21
AVERAGE LEAN PERCENT              56.52
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      135,684
AVERAGE LIVE WT                  285.08
AVERAGE CARCASS WT               216.43
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              54.57
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.80 lbs carcass;  BF 0.65;  LD 2.64;  LEA 7.94;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $60.63
                    Wtd Avg Net Price        $62.73
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 28, 2018                     443,151
   March 29, 2018                     412,339
   March 30, 2018                     346,667
   March 31, 2018                      90,890
   April 01, 2018                      15,089
   April 02, 2018                     161,085
   April 03, 2018                     201,199
   April 04, 2018                     203,995
   April 05, 2018                     193,473
   April 06, 2018                     185,530
   April 07, 2018                      40,037
   April 08, 2018                      13,623
   April 09, 2018                     125,766
   April 10, 2018                     130,594
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,661        1,187      10,848
CARCASS BASE PRICE             53.47            *       53.47
AVERAGE NET PRICE              55.22            *       55.22
LOWEST NET LOT                 46.64            *       46.64
HIGHEST NET LOT                62.73            *       62.73
AVERAGE LIVE WT               269.54            *      271.58
AVERAGE CARCASS WT            198.30            *      198.30
AVERAGE SORT LOSS              -1.53            *       -1.53
AVERAGE BACKFAT                 0.72            *        0.72
AVG LOIN DEPTH (LD)             2.26            *        2.26
LEA (LD Converted)              6.79            *        6.79
AVERAGE LEAN PERCENT           54.20            *       54.20
(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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