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. 4/2/2018

Past Market Reports

Report Date: 4/2/2018

LM_HG201
Des Moines, Iowa               Mon, Apr 02, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, March 30, 2018 and Saturday, March 31, 2018

Barrows and Gilts (Live and Carcass Basis): 424,476

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

HEAD COUNT                13,732   51,177   142,209   65,008      1,419  273,545
CARCASS BASE PRICE         52.98    61.46     53.72    62.09          *    57.26
AVERAGE NET PRICE          54.81    64.46     56.28    63.65          *    59.56
LOWEST NET LOT             47.62    47.43     43.24    38.27          *    45.84
HIGHEST NET LOT            64.20    81.70     70.94    74.39          *    72.75
AVERAGE LIVE WT           274.48   288.22    287.29   287.22          *   286.75
AVERAGE CARCASS WT        205.87   218.45    217.28   216.32          *   216.74
AVERAGE SORT LOSS          -1.99    -2.07     -1.93    -1.44          *    -1.83
AVERAGE BACKFAT             0.55     0.60      0.62     0.68          *     0.63
AVG LOIN DEPTH (LD)         2.50     2.80      2.71     2.56          *     2.68
LEA (LD Converted)          7.50     8.41      8.15     7.69          *     8.06
AVERAGE LEAN PERCENT       55.14    56.61     55.99    55.51          *    55.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        5,654
CARCASS BASE PRICE                54.00
AVERAGE NET PRICE                 57.83
AVERAGE OF LOWEST NET LOTS        52.88
AVERAGE OF HIGHEST NET LOTS       62.80
AVERAGE LIVE WT                  265.22
AVERAGE CARCASS WT               199.08
AVERAGE SORT LOSS                 -1.00
AVERAGE BACKFAT                    0.51
AVERAGE LOIN DEPTH (LD)            2.67
LOINEYE AREA (LD Converted)        8.02
AVERAGE LEAN PERCENT              56.37
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      145,277
AVERAGE LIVE WT                  286.75
AVERAGE CARCASS WT               218.26
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.52
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
217.01 lbs carcass;  BF 0.63;  LD 2.64;  LEA 7.93;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $57.20
                    Wtd Avg Net Price        $59.53
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 02, 2018                     300,719
   April 03, 2018                     380,018
   April 04, 2018                     343,780
   April 05, 2018                     337,444
   April 06, 2018                     319,243
   April 07, 2018                      72,045
   April 08, 2018                       9,453
   April 09, 2018                     115,105
   April 10, 2018                     115,658
   April 11, 2018                     116,052
   April 12, 2018                     137,814
   April 13, 2018                     113,102
   April 14, 2018                       4,145
   April 15, 2018                       6,603
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    13,732        1,419      15,151
CARCASS BASE PRICE             52.98            *       52.98
AVERAGE NET PRICE              54.81            *       54.81
LOWEST NET LOT                 47.62            *       47.62
HIGHEST NET LOT                64.20            *       64.20
AVERAGE LIVE WT               274.48            *      274.79
AVERAGE CARCASS WT            205.87            *      205.88
AVERAGE SORT LOSS              -1.99            *       -1.94
AVERAGE BACKFAT                 0.55            *        0.56
AVG LOIN DEPTH (LD)             2.50            *        2.52
LEA (LD Converted)              7.50            *        7.55
AVERAGE LEAN PERCENT           55.14            *       55.26
(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


.