National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/4/2018

Past Market Reports

Report Date: 6/4/2018

LM_HG201
Des Moines, Iowa               Mon, Jun 04, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, June 1, 2018 and Saturday, June 2, 2018

Barrows and Gilts (Live and Carcass Basis): 648,971

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

HEAD COUNT                 6,543   83,180   202,345  126,422      2,098  420,588
CARCASS BASE PRICE         66.29    75.05     68.78    72.21          *    71.07
AVERAGE NET PRICE          70.56    77.69     71.61    73.51          *    73.41
LOWEST NET LOT             60.34    65.67     57.70    62.20          *    61.70
HIGHEST NET LOT            77.01    86.10     84.04    86.54          *    83.49
AVERAGE LIVE WT           271.15   280.89    281.26   279.18          *   280.35
AVERAGE CARCASS WT        194.16   212.39    212.60   211.77          *   212.07
AVERAGE SORT LOSS          -1.49    -1.30     -1.40    -0.93          *    -1.26
AVERAGE BACKFAT             0.59     0.61      0.63     0.69          *     0.64
AVG LOIN DEPTH (LD)         2.34     2.62      2.72     2.56          *     2.66
LEA (LD Converted)          7.03     7.89      8.18     7.70          *     8.00
AVERAGE LEAN PERCENT       54.77    56.49     56.26    55.57          *    56.16
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       12,690
CARCASS BASE PRICE                69.91
AVERAGE NET PRICE                 72.42
AVERAGE OF LOWEST NET LOTS        69.22
AVERAGE OF HIGHEST NET LOTS       76.43
AVERAGE LIVE WT                  275.19
AVERAGE CARCASS WT               208.31
AVERAGE SORT LOSS                 -1.27
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.80
LOINEYE AREA (LD Converted)        8.41
AVERAGE LEAN PERCENT              56.99
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      215,693
AVERAGE LIVE WT                  282.88
AVERAGE CARCASS WT               214.96
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.51
AVERAGE LEAN PERCENT              54.08
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
213.00 lbs carcass;  BF 0.64;  LD 2.61;  LEA 7.85;  FFLI  53.60%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $71.04
                    Wtd Avg Net Price        $73.38
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 04, 2018                      420,742
   June 05, 2018                      401,363
   June 06, 2018                      400,104
   June 07, 2018                      389,586
   June 08, 2018                      348,481
   June 09, 2018                       35,748
   June 10, 2018                       17,481
   June 11, 2018                      131,739
   June 12, 2018                      136,921
   June 13, 2018                      134,949
   June 14, 2018                      130,678
   June 15, 2018                      126,669
   June 16, 2018                          176
   June 17, 2018                       11,258
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     6,543        2,098       8,641
CARCASS BASE PRICE             66.29            *       66.29
AVERAGE NET PRICE              70.56            *       70.56
LOWEST NET LOT                 60.34            *       60.34
HIGHEST NET LOT                77.01            *       77.01
AVERAGE LIVE WT               271.15            *      270.88
AVERAGE CARCASS WT            194.16            *      195.01
AVERAGE SORT LOSS              -1.49            *       -1.33
AVERAGE BACKFAT                 0.59            *        0.60
AVG LOIN DEPTH (LD)             2.34            *        2.38
LEA (LD Converted)              7.03            *        7.14
AVERAGE LEAN PERCENT           54.77            *       55.04
(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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