National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/11/2018

Past Market Reports

Report Date: 5/11/2018

LM_HG201
Des Moines, Iowa               Fri, May 11, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, May 10, 2018

Barrows and Gilts (Live and Carcass Basis): 422,116

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

HEAD COUNT                 7,533   34,405   132,645  102,153      1,375  278,111
CARCASS BASE PRICE         59.66    69.45     61.77    67.64          *    64.86
AVERAGE NET PRICE          61.46    72.22     64.56    69.01          *    67.08
LOWEST NET LOT             53.29    59.10     52.90    58.22          *    58.00
HIGHEST NET LOT            67.67    85.02     78.95    82.41          *    78.85
AVERAGE LIVE WT           269.47   283.28    283.42   282.45          *   282.71
AVERAGE CARCASS WT        199.13   214.71    213.29   211.86          *   212.58
AVERAGE SORT LOSS          -1.62    -1.44     -1.63    -1.14          *    -1.43
AVERAGE BACKFAT             0.61     0.63      0.65     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.19     2.74      2.72     2.53          *     2.65
LEA (LD Converted)          6.58     8.25      8.19     7.60          *     7.99
AVERAGE LEAN PERCENT       53.97    56.22     56.24    55.48          *    55.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        7,933
CARCASS BASE PRICE                61.60
AVERAGE NET PRICE                 64.53
AVERAGE OF LOWEST NET LOTS        60.69
AVERAGE OF HIGHEST NET LOTS       69.81
AVERAGE LIVE WT                  278.85
AVERAGE CARCASS WT               210.27
AVERAGE SORT LOSS                 -1.60
AVERAGE BACKFAT                    0.59
AVERAGE LOIN DEPTH (LD)            2.79
LOINEYE AREA (LD Converted)        8.38
AVERAGE LEAN PERCENT              56.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      136,072
AVERAGE LIVE WT                  286.83
AVERAGE CARCASS WT               218.73
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              54.34
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
214.44 lbs carcass;  BF 0.66;  LD 2.63;  LEA 7.90;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $64.77
                    Wtd Avg Net Price        $67.01
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 11, 2018                       386,061
   May 12, 2018                        30,905
   May 13, 2018                        33,025
   May 14, 2018                       362,018
   May 15, 2018                       364,375
   May 16, 2018                       351,383
   May 17, 2018                       346,266
   May 18, 2018                       310,622
   May 19, 2018                        50,834
   May 20, 2018                        16,919
   May 21, 2018                       126,906
   May 22, 2018                       136,653
   May 23, 2018                       135,962
   May 24, 2018                       133,085
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,533        1,375        8,908
CARCASS BASE PRICE             59.66            *        59.66
AVERAGE NET PRICE              61.46            *        61.46
LOWEST NET LOT                 53.29            *        53.29
HIGHEST NET LOT                67.67            *        67.67
AVERAGE LIVE WT               269.47            *       273.07
AVERAGE CARCASS WT            199.13            *       199.30
AVERAGE SORT LOSS              -1.62            *        -1.57
AVERAGE BACKFAT                 0.61            *         0.61
AVG LOIN DEPTH (LD)             2.19            *         2.22
LEA (LD Converted)              6.58            *         6.67
AVERAGE LEAN PERCENT           53.97            *        54.05
(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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