National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 5/17/2018

Past Market Reports

Report Date: 5/17/2018

LM_HG201
Des Moines, Iowa               Thu, May 17, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Wednesday, May 16, 2018

Barrows and Gilts (Live and Carcass Basis): 423,959

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

HEAD COUNT                 8,104   48,063   130,391   90,461        989  278,008
CARCASS BASE PRICE         62.33    73.16     64.49    69.35          *    67.67
AVERAGE NET PRICE          64.46    75.64     67.59    70.45          *    69.92
LOWEST NET LOT             54.96    64.01     52.00    53.32          *    54.57
HIGHEST NET LOT            72.79    85.92     82.26    87.58          *    81.95
AVERAGE LIVE WT           272.03   280.67    282.44   280.97          *   281.34
AVERAGE CARCASS WT        199.15   211.41    212.83   211.48          *   211.78
AVERAGE SORT LOSS          -2.00    -1.15     -1.51    -1.14          *    -1.34
AVERAGE BACKFAT             0.63     0.65      0.63     0.70          *     0.65
AVG LOIN DEPTH (LD)         2.33     2.58      2.72     2.57          *     2.64
LEA (LD Converted)          6.99     7.75      8.19     7.72          *     7.95
AVERAGE LEAN PERCENT       54.33    55.88     56.28    55.47          *    55.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       11,242
CARCASS BASE PRICE                64.37
AVERAGE NET PRICE                 66.83
AVERAGE OF LOWEST NET LOTS        62.57
AVERAGE OF HIGHEST NET LOTS       69.84
AVERAGE LIVE WT                  273.51
AVERAGE CARCASS WT               206.13
AVERAGE SORT LOSS                 -1.15
AVERAGE BACKFAT                    0.63
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        7.98
AVERAGE LEAN PERCENT              55.79
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      134,709
AVERAGE LIVE WT                  283.25
AVERAGE CARCASS WT               215.24
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.50
AVERAGE LEAN PERCENT              54.06
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
212.66 lbs carcass;  BF 0.65;  LD 2.61;  LEA 7.83;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $67.53
                    Wtd Avg Net Price        $69.80
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   May 17, 2018                       427,579
   May 18, 2018                       364,835
   May 19, 2018                        65,735
   May 20, 2018                        31,941
   May 21, 2018                       247,958
   May 22, 2018                       256,050
   May 23, 2018                       260,086
   May 24, 2018                       250,888
   May 25, 2018                       231,947
   May 26, 2018                         9,801
   May 27, 2018                             0
   May 28, 2018                        19,714
   May 29, 2018                       140,018
   May 30, 2018                       146,770
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,104          989       9,093
CARCASS BASE PRICE             62.33            *       62.33
AVERAGE NET PRICE              64.46            *       64.46
LOWEST NET LOT                 54.96            *       54.96
HIGHEST NET LOT                72.79            *       72.79
AVERAGE LIVE WT               272.03            *      273.85
AVERAGE CARCASS WT            199.15            *      199.15
AVERAGE SORT LOSS              -2.00            *       -2.00
AVERAGE BACKFAT                 0.63            *        0.63
AVG LOIN DEPTH (LD)             2.33            *        2.33
LEA (LD Converted)              6.99            *        6.99
AVERAGE LEAN PERCENT           54.33            *       54.33
(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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