National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 3/30/2018

Past Market Reports

Report Date: 3/30/2018

LM_HG201
Des Moines, Iowa               Fri, Mar 30, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, March 29, 2018

Barrows and Gilts (Live and Carcass Basis): 416,377

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

HEAD COUNT                 6,427   43,057   123,132  100,214      1,171  274,001
CARCASS BASE PRICE         54.20    60.74     55.12    63.68          *    59.28
AVERAGE NET PRICE          54.39    63.35     57.56    64.90          *    61.23
LOWEST NET LOT             47.16    49.51     44.49    51.06          *    48.07
HIGHEST NET LOT            58.32    82.13     71.06    78.95          *    71.74
AVERAGE LIVE WT           287.00   287.44    286.22   282.66          *   285.13
AVERAGE CARCASS WT        214.79   218.05    215.64   212.84          *   214.93
AVERAGE SORT LOSS          -3.08    -1.89     -1.72    -1.15          *    -1.57
AVERAGE BACKFAT             0.72     0.63      0.65     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.67     2.77      2.70     2.53          *     2.66
LEA (LD Converted)          8.02     8.35      8.11     7.61          *     8.01
AVERAGE LEAN PERCENT       55.13    56.32     55.96    55.54          *    55.91
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,136
CARCASS BASE PRICE                54.62
AVERAGE NET PRICE                 57.20
AVERAGE OF LOWEST NET LOTS        53.64
AVERAGE OF HIGHEST NET LOTS       61.87
AVERAGE LIVE WT                  276.26
AVERAGE CARCASS WT               208.97
AVERAGE SORT LOSS                 -1.39
AVERAGE BACKFAT                    0.58
AVERAGE LOIN DEPTH (LD)            2.74
LOINEYE AREA (LD Converted)        8.25
AVERAGE LEAN PERCENT              56.71
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      134,240
AVERAGE LIVE WT                  287.92
AVERAGE CARCASS WT               219.08
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.35
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
216.06 lbs carcass;  BF 0.66;  LD 2.63;  LEA 7.91;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $59.14
                    Wtd Avg Net Price        $61.11
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   March 30, 2018                     370,286
   March 31, 2018                      99,611
   April 01, 2018                      16,880
   April 02, 2018                     252,862
   April 03, 2018                     392,769
   April 04, 2018                     388,934
   April 05, 2018                     386,431
   April 06, 2018                     368,691
   April 07, 2018                      88,865
   April 08, 2018                      13,953
   April 09, 2018                     144,465
   April 10, 2018                     144,973
   April 11, 2018                     145,372
   April 12, 2018                     141,399
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     6,427        1,171       7,598
CARCASS BASE PRICE             54.20            *       54.20
AVERAGE NET PRICE              54.39            *       54.39
LOWEST NET LOT                 47.16            *       47.16
HIGHEST NET LOT                58.32            *       58.32
AVERAGE LIVE WT               287.00            *      285.27
AVERAGE CARCASS WT            214.79            *      214.69
AVERAGE SORT LOSS              -3.08            *       -2.93
AVERAGE BACKFAT                 0.72            *        0.72
AVG LOIN DEPTH (LD)             2.67            *        2.59
LEA (LD Converted)              8.02            *        7.78
AVERAGE LEAN PERCENT           55.13            *       54.50
(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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