National Daily Direct Hog Prior Day - Slaughtered Swine

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5. 6/27/2018

Past Market Reports

Report Date: 6/27/2018

LM_HG201
Des Moines, Iowa               Wed, Jun 27, 2018                USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - SLAUGHTERED SWINE
Slaughter Data for Tuesday, June 26, 2018

Barrows and Gilts (Live and Carcass Basis): 419,326

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

HEAD COUNT                 7,568   48,465   135,367   84,513      1,847  277,760
CARCASS BASE PRICE         81.48    77.45     81.67    82.11          *    81.06
AVERAGE NET PRICE          83.41    80.42     84.69    83.58          *    83.56
LOWEST NET LOT             69.71    73.35     70.13    72.65          *    72.18
HIGHEST NET LOT            88.77    93.49    103.00    95.26          *    95.81
AVERAGE LIVE WT           280.26   275.27    276.55   274.60          *   275.84
AVERAGE CARCASS WT        196.92   207.62    208.54   207.13          *   207.68
AVERAGE SORT LOSS          -1.70    -0.96     -1.26    -0.80          *    -1.08
AVERAGE BACKFAT             0.67     0.60      0.63     0.70          *     0.64
AVG LOIN DEPTH (LD)         2.27     2.63      2.69     2.52          *     2.63
LEA (LD Converted)          6.82     7.90      8.08     7.58          *     7.90
AVERAGE LEAN PERCENT       53.70    56.42     56.18    55.46          *    56.03
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Sold:                 TOTALS/WTD AVG
                           All Purchase Types
HEAD COUNT                       10,251
CARCASS BASE PRICE                82.29
AVERAGE NET PRICE                 85.24
AVERAGE OF LOWEST NET LOTS        81.35
AVERAGE OF HIGHEST NET LOTS       88.61
AVERAGE LIVE WT                  268.19
AVERAGE CARCASS WT               202.49
AVERAGE SORT LOSS                 -1.18
AVERAGE BACKFAT                    0.60
AVERAGE LOIN DEPTH (LD)            2.72
LOINEYE AREA (LD Converted)        8.18
AVERAGE LEAN PERCENT              56.80
(Packer Buying Programs)
--------------------------------------------------------------------------------
Packer Owned:                TOTALS/WTD AVG

HEAD COUNT                      131,315
AVERAGE LIVE WT                  272.84
AVERAGE CARCASS WT               207.32
AVERAGE BACKFAT                    0.65
AVERAGE LOIN DEPTH (LD)            2.49
AVERAGE LEAN PERCENT              54.29
--------------------------------------------------------------------------------
                MEASUREMENTS BASED ON SLAUGHTER DATA REPORTED:
Prior Slaughter Day's Average Market Hog based on reported slaughter data:
207.44 lbs carcass;  BF 0.65;  LD 2.60;  LEA 7.80;  FFLI  53.70%

                          CARCASS-BASED PURCHASES:
                    Wtd Avg Base             $81.10
                    Wtd Avg Net Price        $83.63
--------------------------------------------------------------------------------
SWINE SCHEDULED FOR DELIVERY TO PACKING PLANTS FOR SLAUGHTER

(Dates based on reporting days)     Head Count
   June 27, 2018                      417,419
   June 28, 2018                      398,054
   June 29, 2018                      359,869
   June 30, 2018                        5,228
   July 01, 2018                       29,800
   July 02, 2018                      193,125
   July 03, 2018                      178,536
   July 04, 2018                       14,542
   July 05, 2018                      196,250
   July 06, 2018                      178,641
   July 07, 2018                       30,821
   July 08, 2018                       14,271
   July 09, 2018                      122,465
   July 10, 2018                      127,711
--------------------------------------------------------------------------------
                          NEGOTIATED   NEGOTIATED    COMBINED
                                          FORMULA
Producer Sold:

HEAD COUNT                     7,568        1,847       9,415
CARCASS BASE PRICE             81.48            *       81.48
AVERAGE NET PRICE              83.41            *       83.41
LOWEST NET LOT                 69.71            *       69.71
HIGHEST NET LOT                88.77            *       88.77
AVERAGE LIVE WT               280.26            *      279.55
AVERAGE CARCASS WT            196.92            *      197.10
AVERAGE SORT LOSS              -1.70            *       -1.70
AVERAGE BACKFAT                 0.67            *        0.67
AVG LOIN DEPTH (LD)             2.27            *        2.27
LEA (LD Converted)              6.82            *        6.82
AVERAGE LEAN PERCENT           53.70            *       53.67
(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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