National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/14/2018

Past Market Reports

Report Date: 5/14/2018

LM_HG201
Des Moines, Iowa               Mon, May 14, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, May 11, 2018 and Saturday, May 12, 2018

Barrows and Gilts (Live and Carcass Basis): 448,714

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

HEAD COUNT                 6,875   41,553   146,604  114,477      1,713  311,222
CARCASS BASE PRICE         59.69    69.06     62.44    67.85          *    65.32
AVERAGE NET PRICE          62.22    71.81     64.99    68.98          *    67.38
LOWEST NET LOT             57.84    60.69     54.53    50.99          *    57.52
HIGHEST NET LOT            69.03    85.04     73.67    84.56          *    80.61
AVERAGE LIVE WT           270.82   285.97    286.45   281.34     281.89   284.12
AVERAGE CARCASS WT        195.69   216.43    215.63   212.03          *   214.01
AVERAGE SORT LOSS          -1.50    -1.71     -1.74    -1.15          *    -1.53
AVERAGE BACKFAT             0.62     0.60      0.65     0.70          *     0.66
AVG LOIN DEPTH (LD)         2.30     2.81      2.72     2.48          *     2.65
LEA (LD Converted)          6.90     8.46      8.17     7.46          *     7.97
AVERAGE LEAN PERCENT       54.34    56.64     56.19    55.42          *    55.99
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,766
CARCASS BASE PRICE                62.86
AVERAGE NET PRICE                 65.19
AVERAGE OF LOWEST NET LOTS        61.76
AVERAGE OF HIGHEST NET LOTS       64.48
AVERAGE LIVE WT                  283.21
AVERAGE CARCASS WT               212.75
AVERAGE SORT LOSS                 -1.06
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.76
LOINEYE AREA (LD Converted)        8.31
AVERAGE LEAN PERCENT              56.55
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      127,726
AVERAGE LIVE WT                  286.65
AVERAGE CARCASS WT               217.89
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.53
AVERAGE LEAN PERCENT              54.27
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
215.10 lbs carcass;  BF 0.66;  LD 2.62;  LEA 7.88;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $65.24
                    Wtd Avg Net Price        $67.31
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 14, 2018                       425,870
   May 15, 2018                       408,663
   May 16, 2018                       405,369
   May 17, 2018                       397,919
   May 18, 2018                       359,485
   May 19, 2018                        61,686
   May 20, 2018                        18,874
   May 21, 2018                       128,324
   May 22, 2018                       138,861
   May 23, 2018                       137,310
   May 24, 2018                       135,248
   May 25, 2018                       124,523
   May 26, 2018                         2,820
   May 27, 2018                             0
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     6,875        1,713       8,588
CARCASS BASE PRICE             59.69            *       59.69
AVERAGE NET PRICE              62.22            *       62.22
LOWEST NET LOT                 57.84            *       57.84
HIGHEST NET LOT                69.03            *       69.03
AVERAGE LIVE WT               270.82       281.89      273.32
AVERAGE CARCASS WT            195.69            *      197.02
AVERAGE SORT LOSS              -1.50            *       -1.40
AVERAGE BACKFAT                 0.62            *        0.64
AVG LOIN DEPTH (LD)             2.30            *        2.36
LEA (LD Converted)              6.90            *        7.07
AVERAGE LEAN PERCENT           54.34            *       54.41
(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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