National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/19/2018

Past Market Reports

Report Date: 6/19/2018

LM_HG201
Des Moines, Iowa               Tue, Jun 19, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Monday, June 18, 2018

Barrows and Gilts (Live and Carcass Basis): 375,560

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

HEAD COUNT                 6,190   43,308   102,959   87,224         30  239,711
CARCASS BASE PRICE         80.70    79.21     82.29    81.09          *    81.24
AVERAGE NET PRICE          84.44    81.44     84.71    82.74          *    83.37
LOWEST NET LOT             73.47    63.77     74.17    73.75          *    69.82
HIGHEST NET LOT            90.59    97.25     91.01    99.29          *    95.62
AVERAGE LIVE WT           258.38   273.18    276.44   272.90          *   274.18
AVERAGE CARCASS WT        195.26   206.40    208.69   206.27          *   207.01
AVERAGE SORT LOSS          -0.91    -1.04     -1.13    -0.78          *    -0.99
AVERAGE BACKFAT             0.66     0.63      0.64     0.67          *     0.65
AVG LOIN DEPTH (LD)         2.36     2.59      2.65     2.55          *     2.60
LEA (LD Converted)          7.09     7.77      7.98     7.67          *     7.82
AVERAGE LEAN PERCENT       55.05    56.17     56.03    55.73          *    55.96
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                        8,131
CARCASS BASE PRICE                84.17
AVERAGE NET PRICE                 86.05
AVERAGE OF LOWEST NET LOTS        81.18
AVERAGE OF HIGHEST NET LOTS       87.69
AVERAGE LIVE WT                  270.49
AVERAGE CARCASS WT               204.21
AVERAGE SORT LOSS                 -0.96
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.68
LOINEYE AREA (LD Converted)        8.06
AVERAGE LEAN PERCENT              55.91
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      127,718
AVERAGE LIVE WT                  275.92
AVERAGE CARCASS WT               208.78
AVERAGE BACKFAT                    0.66
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.17
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.56 lbs carcass;  BF 0.65;  LD 2.57;  LEA 7.71;  FFLI  53.50%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $81.34
                    Wtd Avg Net Price        $83.45
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 19, 2018                      422,926
   June 20, 2018                      399,900
   June 21, 2018                      385,456
   June 22, 2018                      340,312
   June 23, 2018                        1,170
   June 24, 2018                       20,325
   June 25, 2018                      147,946
   June 26, 2018                      170,787
   June 27, 2018                      166,516
   June 28, 2018                      160,320
   June 29, 2018                      138,173
   June 30, 2018                        2,101
   July 01, 2018                       13,466
   July 02, 2018                      108,913
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     6,190           30       6,220
CARCASS BASE PRICE             80.70            *       80.70
AVERAGE NET PRICE              84.44            *       84.44
LOWEST NET LOT                 73.47            *       73.47
HIGHEST NET LOT                90.59            *       90.59
AVERAGE LIVE WT               258.38            *      258.52
AVERAGE CARCASS WT            195.26            *      195.31
AVERAGE SORT LOSS              -0.91            *       -0.91
AVERAGE BACKFAT                 0.66            *        0.66
AVG LOIN DEPTH (LD)             2.36            *        2.36
LEA (LD Converted)              7.09            *        7.10
AVERAGE LEAN PERCENT           55.05            *       55.08
(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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