National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/10/2018

Past Market Reports

Report Date: 4/10/2018

LM_HG201
Des Moines, Iowa               Tue, Apr 10, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, April 9, 2018

Barrows and Gilts (Live and Carcass Basis): 408,469

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

HEAD COUNT                11,045   39,042   125,493   95,286      2,024  272,890
CARCASS BASE PRICE         45.89    61.18     51.17    60.42          *    55.80
AVERAGE NET PRICE          47.79    63.31     53.62    61.93          *    57.85
LOWEST NET LOT             40.33    36.18     41.01    40.25          *    40.01
HIGHEST NET LOT            53.08    79.07     67.65    82.14          *    69.21
AVERAGE LIVE WT           270.93   284.53    283.76   280.45          *   282.27
AVERAGE CARCASS WT        203.35   215.05    213.90   210.92          *   212.63
AVERAGE SORT LOSS          -1.77    -1.75     -1.60    -1.13          *    -1.47
AVERAGE BACKFAT             0.65     0.63      0.64     0.68          *     0.65
AVG LOIN DEPTH (LD)         2.43     2.65      2.71     2.57          *     2.65
LEA (LD Converted)          7.29     7.96      8.16     7.74          *     7.99
AVERAGE LEAN PERCENT       55.35    56.21     56.21    55.97          *    56.12
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,306
CARCASS BASE PRICE                49.55
AVERAGE NET PRICE                 51.40
AVERAGE OF LOWEST NET LOTS        47.21
AVERAGE OF HIGHEST NET LOTS       54.72
AVERAGE LIVE WT                  276.81
AVERAGE CARCASS WT               208.51
AVERAGE SORT LOSS                 -1.16
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.69
LOINEYE AREA (LD Converted)        8.08
AVERAGE LEAN PERCENT              56.18
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      125,273
AVERAGE LIVE WT                  282.37
AVERAGE CARCASS WT               214.40
AVERAGE BACKFAT                    0.62
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:
213.04 lbs carcass;  BF 0.64;  LD 2.62;  LEA 7.89;  FFLI  53.80%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $55.56
                    Wtd Avg Net Price        $57.61
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 10, 2018                     424,228
   April 11, 2018                     414,416
   April 12, 2018                     397,835
   April 13, 2018                     372,282
   April 14, 2018                      60,069
   April 15, 2018                      31,437
   April 16, 2018                     167,283
   April 17, 2018                     171,248
   April 18, 2018                     170,946
   April 19, 2018                     168,430
   April 20, 2018                     150,440
   April 21, 2018                       8,330
   April 22, 2018                      13,248
   April 23, 2018                      88,342
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    11,045        2,024      13,069
CARCASS BASE PRICE             45.89            *       45.89
AVERAGE NET PRICE              47.79            *       47.79
LOWEST NET LOT                 40.33            *       40.33
HIGHEST NET LOT                53.08            *       53.08
AVERAGE LIVE WT               270.93            *      273.23
AVERAGE CARCASS WT            203.35            *      203.45
AVERAGE SORT LOSS              -1.77            *       -1.70
AVERAGE BACKFAT                 0.65            *        0.65
AVG LOIN DEPTH (LD)             2.43            *        2.44
LEA (LD Converted)              7.29            *        7.32
AVERAGE LEAN PERCENT           55.35            *       55.38
(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


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