National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 4/30/2018

Past Market Reports

Report Date: 4/30/2018

LM_HG201
Des Moines, Iowa               Mon, Apr 30, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, April 27, 2018 and Saturday, April 28, 2018

Barrows and Gilts (Live and Carcass Basis): 469,533

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

HEAD COUNT                10,325   43,179   134,656   99,954      2,000  290,114
CARCASS BASE PRICE         57.62    68.90     59.96    65.16          *    63.10
AVERAGE NET PRICE          59.18    71.46     62.65    66.32          *    65.18
LOWEST NET LOT             50.69    58.79     52.35    55.53          *    53.04
HIGHEST NET LOT            64.72    84.03     75.24    81.75          *    75.61
AVERAGE LIVE WT           279.00   285.83    285.42   284.09          *   284.80
AVERAGE CARCASS WT        206.34   216.92    214.44   213.53          *   214.23
AVERAGE SORT LOSS          -1.21    -1.56     -1.67    -1.31          *    -1.52
AVERAGE BACKFAT             0.67     0.61      0.64     0.68          *     0.65
AVG LOIN DEPTH (LD)         2.37     2.76      2.70     2.53          *     2.65
LEA (LD Converted)          7.11     8.29      8.13     7.59          *     7.97
AVERAGE LEAN PERCENT       54.06    56.36     56.11    55.63          *    55.95
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        6,995
CARCASS BASE PRICE                59.59
AVERAGE NET PRICE                 61.79
AVERAGE OF LOWEST NET LOTS        57.77
AVERAGE OF HIGHEST NET LOTS       64.93
AVERAGE LIVE WT                  285.23
AVERAGE CARCASS WT               212.45
AVERAGE SORT LOSS                 -1.57
AVERAGE BACKFAT                    0.62
AVERAGE LOIN DEPTH (LD)            2.74
LOINEYE AREA (LD Converted)        8.25
AVERAGE LEAN PERCENT              56.54
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      172,424
AVERAGE LIVE WT                  287.76
AVERAGE CARCASS WT               218.87
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.52
AVERAGE LEAN PERCENT              54.28
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.88 lbs carcass;  BF 0.64;  LD 2.61;  LEA 7.84;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $63.01
                    Wtd Avg Net Price        $65.09
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   April 30, 2018                     434,925
   May 01, 2018                       423,243
   May 02, 2018                       406,342
   May 03, 2018                       391,709
   May 04, 2018                       344,756
   May 05, 2018                        29,687
   May 06, 2018                        22,500
   May 07, 2018                       144,251
   May 08, 2018                       155,582
   May 09, 2018                       149,498
   May 10, 2018                       148,804
   May 11, 2018                       138,477
   May 12, 2018                         8,825
   May 13, 2018                        11,758
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                    10,325        2,000      12,325
CARCASS BASE PRICE             57.62            *       57.62
AVERAGE NET PRICE              59.18            *       59.18
LOWEST NET LOT                 50.69            *       50.69
HIGHEST NET LOT                64.72            *       64.72
AVERAGE LIVE WT               279.00            *      279.10
AVERAGE CARCASS WT            206.34            *      206.06
AVERAGE SORT LOSS              -1.21            *       -1.16
AVERAGE BACKFAT                 0.67            *        0.67
AVG LOIN DEPTH (LD)             2.37            *        2.38
LEA (LD Converted)              7.11            *        7.13
AVERAGE LEAN PERCENT           54.06            *       54.15
(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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