National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/15/2018

Past Market Reports

Report Date: 6/15/2018

LM_HG201
Des Moines, Iowa               Fri, Jun 15, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Thursday, June 14, 2018

Barrows and Gilts (Live and Carcass Basis): 405,532

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

HEAD COUNT                 9,125   35,975   123,209   99,256      1,552  269,117
CARCASS BASE PRICE         77.21    77.48     79.36    77.55          *    78.36
AVERAGE NET PRICE          80.09    80.61     82.41    79.31          *    80.93
LOWEST NET LOT             71.24    70.96     68.69    68.89          *    70.27
HIGHEST NET LOT            87.23    87.66    101.33    91.75          *    92.24
AVERAGE LIVE WT           271.51   279.21    279.52   276.31          *   278.06
AVERAGE CARCASS WT        197.76   211.41    210.54   207.63          *   209.17
AVERAGE SORT LOSS          -1.37    -1.18     -1.26    -0.83          *    -1.10
AVERAGE BACKFAT             0.68     0.61      0.63     0.69          *     0.65
AVG LOIN DEPTH (LD)         2.31     2.78      2.70     2.49          *     2.64
LEA (LD Converted)          6.92     8.36      8.11     7.48          *     7.93
AVERAGE LEAN PERCENT       54.25    56.58     56.14    55.61          *    56.01
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,036
CARCASS BASE PRICE                80.00
AVERAGE NET PRICE                 82.37
AVERAGE OF LOWEST NET LOTS        73.62
AVERAGE OF HIGHEST NET LOTS       85.20
AVERAGE LIVE WT                  272.04
AVERAGE CARCASS WT               204.84
AVERAGE SORT LOSS                 -1.26
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.66
LOINEYE AREA (LD Converted)        8.00
AVERAGE LEAN PERCENT              56.14
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      127,379
AVERAGE LIVE WT                  279.78
AVERAGE CARCASS WT               212.41
AVERAGE BACKFAT                    0.67
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.01
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
210.12 lbs carcass;  BF 0.65;  LD 2.60;  LEA 7.81;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $78.42
                    Wtd Avg Net Price        $80.97
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 15, 2018                      350,666
   June 16, 2018                            0
   June 17, 2018                       25,477
   June 18, 2018                      333,791
   June 19, 2018                      349,163
   June 20, 2018                      350,410
   June 21, 2018                      335,923
   June 22, 2018                      297,179
   June 23, 2018                            0
   June 24, 2018                       11,355
   June 25, 2018                      124,492
   June 26, 2018                      140,901
   June 27, 2018                      139,710
   June 28, 2018                      137,803
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     9,125        1,552      10,677
CARCASS BASE PRICE             77.21            *       77.21
AVERAGE NET PRICE              80.09            *       80.09
LOWEST NET LOT                 71.24            *       71.24
HIGHEST NET LOT                87.23            *       87.23
AVERAGE LIVE WT               271.51            *      272.68
AVERAGE CARCASS WT            197.76            *      197.83
AVERAGE SORT LOSS              -1.37            *       -1.37
AVERAGE BACKFAT                 0.68            *        0.68
AVG LOIN DEPTH (LD)             2.31            *        2.31
LEA (LD Converted)              6.92            *        6.92
AVERAGE LEAN PERCENT           54.25            *       54.26
(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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