National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/18/2018

Past Market Reports

Report Date: 6/18/2018

LM_HG201
Des Moines, Iowa               Mon, Jun 18, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Friday, June 15, 2018 and Saturday, June 16, 2018

Barrows and Gilts (Live and Carcass Basis): 412,896

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

HEAD COUNT                 8,672   35,374   117,964   92,364      1,864  256,238
CARCASS BASE PRICE         78.35    77.77     80.86    78.43          *    79.46
AVERAGE NET PRICE          81.55    80.36     83.62    80.03          *    81.78
LOWEST NET LOT             64.08    68.56     71.51    62.78          *    66.84
HIGHEST NET LOT            92.47    90.53    100.28    93.12          *    94.66
AVERAGE LIVE WT           266.77   278.65    277.61   276.86          *   277.10
AVERAGE CARCASS WT        198.29   210.93    208.76   207.98          *   208.42
AVERAGE SORT LOSS          -1.34    -1.25     -1.14    -0.83          *    -1.06
AVERAGE BACKFAT             0.67     0.61      0.65     0.69          *     0.66
AVG LOIN DEPTH (LD)         2.33     2.77      2.66     2.51          *     2.62
LEA (LD Converted)          6.99     8.33      8.01     7.53          *     7.89
AVERAGE LEAN PERCENT       54.39    56.45     55.95    55.48          *    55.85
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        9,839
CARCASS BASE PRICE                80.53
AVERAGE NET PRICE                 83.78
AVERAGE OF LOWEST NET LOTS        75.70
AVERAGE OF HIGHEST NET LOTS       86.30
AVERAGE LIVE WT                  266.09
AVERAGE CARCASS WT               201.74
AVERAGE SORT LOSS                 -1.02
AVERAGE BACKFAT                    0.64
AVERAGE LOIN DEPTH (LD)            2.70
LOINEYE AREA (LD Converted)        8.11
AVERAGE LEAN PERCENT              56.39
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      146,819
AVERAGE LIVE WT                  280.39
AVERAGE CARCASS WT               212.78
AVERAGE BACKFAT                    0.69
AVERAGE LOIN DEPTH (LD)            2.54
AVERAGE LEAN PERCENT              53.97
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
209.86 lbs carcass;  BF 0.67;  LD 2.60;  LEA 7.80;  FFLI  53.30%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $79.50
                    Wtd Avg Net Price        $81.86
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 18, 2018                      399,229
   June 19, 2018                      396,293
   June 20, 2018                      395,319
   June 21, 2018                      380,411
   June 22, 2018                      333,529
   June 23, 2018                          170
   June 24, 2018                       13,310
   June 25, 2018                      128,677
   June 26, 2018                      145,081
   June 27, 2018                      143,329
   June 28, 2018                      139,048
   June 29, 2018                      122,555
   June 30, 2018                        2,101
   July 01, 2018                        9,860
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     8,672        1,864       10,536
CARCASS BASE PRICE             78.35            *        78.35
AVERAGE NET PRICE              81.55            *        81.55
LOWEST NET LOT                 64.08            *        64.08
HIGHEST NET LOT                92.47            *        92.47
AVERAGE LIVE WT               266.77            *       267.57
AVERAGE CARCASS WT            198.29            *       198.44
AVERAGE SORT LOSS              -1.34            *        -1.26
AVERAGE BACKFAT                 0.67            *         0.68
AVG LOIN DEPTH (LD)             2.33            *         2.36
LEA (LD Converted)              6.99            *         7.09
AVERAGE LEAN PERCENT           54.39            *        54.51
(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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